18:30 | 10.07.20 | News | 19074

PSRC also gives the permit for VEON Armenia-TEAM deal

Today, at the July 10 sitting, the Armenian Public Services Regulatory Commission gave the permission for the alienation of 100% of the shares of VEON Armenia CJSC to TEAM LLC.

Yesterday, at its July 9 sitting, the Armenian State Commission for Economic Protection gave the permit for acquisition of 100% shares of VEON Armenia CJSC to TEAM LLC.

TEAM has stated it hopes the deal will be completed soon and the employees of the two organizations will combine their professional skills and energy to build a new, united and powerful organization.