"Telecom Armenia" CJSC (formerly "VEON Armenia" and "Armentel") belongs to "TEAM" LLC, which was founded by Hayk and Alexander Yesayan. On October 29, "TEAM" LLC acquired 100% of the company's shares using credit funds.
"Telecom Armenia" CJSC currently operates under the Beeline brand.
Prior to this, "VEON Armenia" was part of the "VEON" Group (headquarters in Amsterdam).
The company has been owned by the "VEON" Group (formerly "VimpelCom") since 2006, and since 2008 has been operating under the Beeline brand.
Being the heir of the first telecommunication system in Armenia, “Telecom Armenia” offers modern innovative solutions, introducing the best world standards in Armenia, in the fields of telecommunications and digital technologies, as well as in the fields of corporate culture and social responsibility.
"Telecom Armenia" supports and encourages the development of digital technologies and Startup ecosystems in Armenia, including the Sevan StartUp Summit.The company is the founder of the Beeline Startup Incubator fund, thanks to which dozens of young startups have already been able to develop their business ideas into full-fledged business solutions.
"Telecom Armenia" provides telephone communication services GSM 900/1800, 3G (UMTS) and standard mobile communication 4G (LTE), fixed telephone communication, and also provides Internet access using CDMA, ADSL, FTTB and VDSL technologies.
The headquarters of "Telecom Armenia" is located at Yerevan, Azatutyan avenue 24/1.