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Telecom Armenia Ojsc (Armenia)

Main Activities: Wired and Wireless Telecommunications Carriers | All Other Telecommunications
Secondary Activities: Wireless Telecommunications Carriers (except Satellite) | All Other Telecommunications
Full name: Telecom Armenia Ojsc Profile Updated: July 08, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English & Russian Download a sample report

Veon Armenia CJSC is the largest telecommunication company in Armenia. The Company was established in March 1995 by jointly with the American Company Trans-World Telecom. Since 2008, Veon Armenia CJSC has been providing communication services in Armenia under the Beeline trademark. Veon Armenia CJSC provides services of GSM 900/1800, 3G (UMTS) and 4G (LTE) standard mobile communication, fixed telephony as well as Internet access based on CDMA, ADSL and FTTB technologies under Beeline brand on the whole territory of Armenia. The company provides a wide range of services for corporate customers. Veon Armenia CJSC is the part of VEON, one of the world’s largest integrated telecommunications services operators.

Headquarters
0014, Azatutyan Avenue 24/1
Yerevan; Yerevan;

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Website: http://www.telecomarmenia.am/

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
March 01, 1995
Key Executives
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Chief Executive Officer
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Director/Member of the Board
Ownership Details
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100%
Company Performance
Financial values in the chart are available after Telecom Armenia Ojsc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency AMD. Absolute financial data is included in the purchased report.
Net sales revenue
-4.38%
Total operating revenue
16.16%
Operating profit (EBIT)
194.22%
EBITDA
194.22%
Net Profit (Loss) for the Period
192.39%
Total assets
18.92%
Total equity
6.69%
Operating Profit Margin (ROS)
14.73%
Net Profit Margin
8.99%
Return on Equity (ROE)
2.99%
Debt to Equity Ratio
19.68%
Quick Ratio
-0.02%
Cash Ratio
-0.02%

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