MOSCOW. – Russian national telecommunications operator Rostelecom CJSC purchased 75% shares of the Armenian operator on main Internet and data transmission GNC-Alfa for $22.5 million, Russian company’s release reads.

Having the control over GNC-Alfa will allow Rostelecom to acquire a well-developed basic infrastructure to offer broadband services and digital TV in the telecommunications market in Armenia, which has a great potential to expand.

To note, Rostelecom disclosed its intentions to purchase shares of GNC-Alfa main internet operator in Armenia on Jan. 13. GNC-Alfa makes 2% in the broadband market in Armenia. However, the company intends also to purchase major independent Internet provider Ucom (11% of broadband market), thus Rostelecom’s shares in the broadband market in Armenia will make 13% in future.