Armenian News - Tert.am
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Armenian News - Tert.am - 07:34 May 08, 2024
Ucom’s high-speed fixed network is now accessible to Artashat residents. Residents of Artashat can now enjoy Unity packages, offering fixed-line Internet, mobile communications, and television in one affordable package. To mark this occasion, the company has introduced a special offer exclusively for Artashat residents. By subscribing to the regional Unity 9000 package before July 31st, subscribers will pay only 8,000 drams monthly. Additionally, subscribers opting for the Unity 7000 or Unity 9000 packages for a 12-month period will receive three months of complimentary communication services. However, discounts and high-speed communications aren’t all that Ucom has brought to Artashat: now residents can enjoy an open Wi-Fi 6 in the Theater Park that utilizes the latest technologies. “For the second year now, we've been expanding our fixed network in the regions, and I'm delighted that our modern network is now available in Artashat, the ancient Armenian capital. I'm confident that Artashat residents will a... -
Armenian News - Tert.am - 08:08 May 07, 2024
Freedom House human rights organization recently published the Nations in Transit annual report which contains highly controversial statements and raises questions as to the impartiality of the organization's Armenian office in particular. In the annual report published in 2024, this reputable organization has made defamatory assumptions regarding ARMECONOMBANK OJSC, which are based on false and unobjective information. According to the report, ARMECONOMBANK has allegedly helped the leading Civil Contract Party to bypass the funding rules for parties and used illegal fundraising mechanisms. In particular, the authors of the report have focused on the assumption that most of the donors of the Civil Contract Party were allegedly not aware of the donations made on their behalf through the bank. ARMECONOMBANK OJSC has a history of 33 years and has been closely cooperating with more than 20 reputable and leading international institutions. It has successfully implemented more than 120 projects with these institut... -
Armenian News - Tert.am - 07:19 May 07, 2024
Byblos Bank Armenia is introducing a special offer to promote the development of small and medium-sized businesses. The offer allows entrepreneurs to transfer their existing loans to Byblos Bank Armenia, and the Bank will cover transfer costs and provide special terms of service, inclding a grace period of up to 12 months, free Online Banking throughout the duration of the loan, without arrangement and servicing fees and a competitive interest rate (from 12% (֏) | 9% ($) | 7% (€). Financing and benefits are provided when transferring either or unsecured loans to Byblos Bank Armenia. The special offer is valid until 31 December 2024. Detailed information about the offer is available here. Byblos Bank Armenia CJSC was founded and opened the doors of its first branch in 2007. Today, the Bank has four branches in Yerevan where customers can use various banking services and receive financial advice. The Bank provides its customers corporate-retail banking services that meet the highest international standards. -
Armenian News - Tert.am - 10:59 May 03, 2024
The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. During the lecture titled “The Role of Effective Management: How to Instill Hope in Your Employees and Unite them Around a Common Goal and Strategy,” Mr. Yirikian discussed crucial leadership skills and the main components of effective leadership. The lecture was organized under a memorandum of cooperation between the Galaxy group of companies and the French University. As part of this collaboration, managers from the Galaxy group of companies regularly deliver lectures and conduct master classes for French University students. Additionally, university students undertake internships in various companies within the group, including Ucom. “To be a good manager, you need experience; it's impossible to become one without it. A good manager should promote efficient work processes and lead by example. Continuous learning and development, both personally and for employees, are essential, as employees are the main as... -
Armenian News - Tert.am - 07:45 Apr 26, 2024
Ucom has provided free Wi-Fi coverage to smart bus stops in four communities of Ijevan. In the border communities of Berkaber, Sarigyugh, Aygehovit, and Vazashen, recently constructed bus stops have been equipped with solar panels and electricity. Ucom installed fixed Internet and provided open access to Wi-Fi that allows resident use Wi-Fi while waiting for a bus. “Last year, we introduced fixed Internet in Ijevan as part of our regional network expansion. However, merely offering quality services isn't sufficient for us; we consider it crucial to be genuinely beneficial in the communities we serve. We trust that our initiative will enhance the comfort and convenience of residents," said Ralph Yirikian, General Director of Ucom. “In our community, specifically in the rural settlements of Vazashen, Aygehovit, Sarigyugh, and Berkaber, 'smart stops' powered by solar panels were established, and there arose a need for support to provide these stops with free Internet. We reached out to Ucom’s General Director Ra... -
Armenian News - Tert.am - 06:37 Apr 26, 2024
17-year-old Tigran has been interested in astronomy since he was a child. His curiosity was partly fueled by the starry sky of his birthplace, Syunik, and partly by his sister’s stories about the universe. Tigran is a senior student at “Mkhitar Sebastatsi” educational complex. About a year ago he participated in a camp at the educational center in Arates village of Vayots Dzor region, and is resolved to establish a small observatory at the educational center. Tigran’s visit to the Byurakan Observatory, the opportunity to witness the operations of the 2.6-meter telescope, firsthand, as well as the history of the observatory’s achievements, had a decisive effect on his choice. “I had never been to an observatory before that, and I learnt so much. Getting acquainted with the 2.6-meter telescope filled me with excitement to pursue my chosen path in Armenia. We have opportunities, and it’s up to us to seize them,” shared Tigran. Enthusiasm is important, but not sufficient to drive an initiative forward. Tigran got... -
Armenian News - Tert.am - 14:42 Apr 25, 2024
Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Assets (FPWC) continue to contribute to infrastructure development in the regions with a focus on border villages. The partners recently summarized the results of another project where they installed a 25 kW/h solar photovoltaic plant in the kindergarten of Yeraskh village, Ararat region, as part of the Ecovillage Network project. It will generate enough electricity to power electric boilers for heating. Other equipment run on electricity can also be powered from this alternative energy source, eliminating electricity costs for the kindergarten. Viva-MTS General Director Armen Avetisian and FPWC Director Ruben Khachatryan were present at the launch of the system. The program implemented by the partner organizations is more than just a control of the heating issue; it is also warranted and expected strategic support. Yeraskh has been deprived of a kindergarten for years. The local school that was granted a respective permit undertook t... -
Armenian News - Tert.am - 11:28 Apr 22, 2024
The temporary exhibition honoring the world-famous singer and actor Charles Aznavour, opening in Yerevan, showcases approximately 250 rare artifacts chronicling the life and legacy of the renowned French-Armenian chansonnier. Curated items include rare photographs, globally published periodicals, commemorative editions, vinyl records, and unique movie posters. This tribute to the great Armenian singer is a collaborative effort between Ralph Yirikyan, General Director of Ucom, and Doctor of Historical Sciences Hayk Demoyan. Organized into four sections spanning Aznavour's prolific career, the exhibit features 50 unique and lesser-known photographs, around 100 large and small records, and over 30 original film posters from France and other countries featuring Charles Aznavour. Additionally, dozens of multilingual magazines and periodicals, featuring Aznavour on their covers from the 1950s to the 2000s, are on display. The exhibition also includes commemorative medals, stamps, badges and postcards, along with ot... -
Armenian News - Tert.am - 07:27 Apr 18, 2024
A system utilizing modern technologies has been launched in the border village of Koti. For the past five years since 2019, Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Assets have been consistently working on the development of infrastructures using new technologies and establishing a network of eco-villages in the border village of Koti. Their efforts have had a profound impact on the village, especially considering its 38-km borderline. In addition to ensuring safety and a calmer state of mind, the residents of Koti also value the growing number of well-lit streets. Modern LED lights provide high brightness while consuming low energy, leading to significant resource savings for the community. The system works automatically and can adjust to natural light. The management system was updated last year: old panels were replaced with new ones, allowing remote control for turning lights on or off and setting new modes via a phone call when needed. “In Koti, even the furthest streets ... -
Armenian News - Tert.am - 08:22 Apr 16, 2024
On April 17th, Ucom will implement another network upgrade in certain regions. During this year Ucom is planning on implementing extensive regional network modernization in order to increase the quality of services provided to subscribers. On April 17th, an older Mobile Switching Subsystem will be replaced with a new one, potentially causing communication disruptions for 2G network subscribers in Armavir, Shirak, Lori, Tavush, Kotayk and Gegharkunik regions. The migration will be organized during nighttime to minimize inconvenience to customers; however, voice services may still be affected during the day. We apologize in advance for any inconvenience this may cause and assure customers that they will be notified beforehand about future upgrades. -
Armenian News - Tert.am - 06:48 Apr 11, 2024
Byblos Bank Armenia has donated AMD 5 million to the Health Fund for the Children of Armenia to support the fund’s projects aimed at treating children with health issues. Prioritizing meaningful social impact, the Bank continues to invest in causes that foster healthy, thriving communities. Byblos Bank Armenia CEO Hayk Stepanyan believes it is important to participate in the organization of treatment of children with health issues and the prevention of diseases among kids. “Byblos Bank Armenia anchors its firm belief in our Nation by supporting future generations. Whether through education, health, culture or more, the Bank is committed to championing projects and supporting foundations whose goals align with its vision. The Health Fund for the Children of Armenia is a natural partner for us through their dedication of the professional team , and their relentless activities to promote children's health in our country. We recognize that patients have different needs, and such measures enable industry leaders t... -
Armenian News - Tert.am - 07:11 Apr 10, 2024
Ucom has introduced a new package offer: the Unity 12000 package available for AMD 10900 with a 12-month subscription. This promotion is open for subscription until May 31, 2024. The Unity 12000 package offers unlimited mobile internet, 1000 monthly minutes for calls within Armenia, the USA, and Canada, high-speed fixed internet up to 200 Mb/s, a new generation Wi-Fi 6 device, and access to 210 TV channels. Unity packages stand out for their inclusion of mobile and fixed communication, along with television services all in one, offering subscribers a convenient and cost-effective solution. "Our goal is to deliver high-quality, accessible, and convenient services to our subscribers. To achieve this, we're not only expanding and enhancing our networks but also creating packages that bundle various services. This approach not only improves affordability but also streamlines the payment process," said Ralph Yirikian, General Director of Ucom. This promotion targets those who are currently not subscribed to any Un... -
Armenian News - Tert.am - 06:59 Apr 08, 2024
From April 9th to April 10th, Ucom will implement another network upgrade in Yerevan and in certain regions. During this year Ucom is planning on implementing extensive regional network modernization in order to increase the quality of services provided to subscribers. On April 9th, an older Mobile Switching Subsystem will be replaced with a new one, potentially causing communication disruptions for subscribers in Syunik, Vayots Dzor regions, and partially in Ararat and Armavir regions, particularly concerning direct voice calls. On April 10th, due to the same maintenance activity, subscribers in Yerevan may also experience similar disruptions. The migration will be organized during nighttime to minimize inconvenience to customers; however, voice services may still be affected during the day. We apologize in advance for any inconvenience this may cause and assure customers that they will be notified beforehand about future upgrades. -
Armenian News - Tert.am - 10:33 Apr 06, 2024
Subscribers The Viva-MTS subscriber base as of December 31, 2023 reached to 2.32 million which increased by 2.2%. The majority use the Internet - 1.87 million subscribers: compared to the previous year, this number increased by 4.4%. Compared to the last year, new activations increased by 6.2%, amounting to 650 thousand subscribers. In 2023, the company’s subscribers preferred the “UNLIM” tariff plan with AMD 4,500 activation fee. This tariff plan is also popular among tourists visiting Armenia due to the company's best network coverage in the country. 2022 2023 2023/ 2022 Number of active subscribers (at the end of the reporting period) 2,266,979 2,316,656 2.2% Subscribers using Internet services 1,796,289 1,874,430 4.4% New activations 612,791 650,741 6.2% “Viva-MTS continues to grow steadily. This stability is the result of innovation, strong corporate governance, investment and teamwork. It is noteworthy that, in conditions of fierce competition in the market, Viva-MTS has always remained a leader ... -
Armenian News - Tert.am - 08:27 Apr 04, 2024
General Director of Ucom, Ralph Yirikian, participated in the annual international Doing Digital Forum 2024 (DDF), held under the theme of "Embracing Opportunities." The Doing Digital Forum caters to all digital transformation enthusiasts and advocates for the advancement of the digital economy. This year's forum featured esteemed international speakers and leading experts, including renowned futurist and author of several bestselling books (Bank 2.0, Bank 3.0, Breaking Banks, Bank 4.0, The Rise of Technosocialism), Brett King, who led the keynote session. Ralph Yirikian was a part of a panel discussion focused on digital transformation and its applications in business, education, and management. “Today, digital transformation is imperative across all sectors. It has the potential to enhance processes, making them more efficient, rapid, and of higher quality. However, it's crucial to ensure that everyone within an organization comprehends the significance of the transformation process, as otherwise, the full ... -
Armenian News - Tert.am - 12:24 Apr 02, 2024
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As part of the collaboration between Ucom and the SunChild NGO, another solar panel has been installed, this time in the village of Vanevan. The solar photovoltaic power plant with an installed capacity of 9.9 kW will supply the community's infrastructure with electricity. Such green solutions will not only have a positive impact on the environment of Armenia, but at the same time will allow the community to save on electricity and use the savings for other needs. “The environment is one of our most important values, and we are excited about the opportunity to improve people's lives through green technology. Ucom considers its duty to improve the quality of life of its fellow citizens not only by providing quality services, but also through such effective and useful projects," stated Ralph Yirikian, Director General of Ucom. “This is already the fourth community-based infrastructure development project we have implemented with the support of Ucom. It is crucial for us that the implemented work has a lasting a... -
Armenian News - Tert.am - 08:33 Apr 02, 2024
Vardan likes playing music, but with an unusual approach, different from academic education. He knows the notes, but he hardly needs to glance at them due to his phenomenal, almost extraordinary memory. Emotional connection with music is very important to him. His journey began at the age of 5 when he started attending the International Center for Child Development, which now is the “My Way” Socio-Habilitation, Educational, and Vocational Training Day Care Center of the Autism National Foundation. Marina Meliksetyan, the music therapist who recognised Vardan’s unique abilities, utilized them as a bridge to transition him from his enclosed world to a different reality. Through years of dedicated efforts by experts, parents, and “My Way” center’s partner Viva-MTS, Vardan progressed from music therapy to the Music College named after Romanos Melikyan, and then to the Komitas State Conservatory. “I have been teaching at the Conservatory for thirty years and have had numerous students in various capacities. Each o... -
Armenian News - Tert.am - 11:41 Mar 29, 2024
Director General of Ucom Ralph Yirikian participated in the Recruit Days business and networking conference organized by Move2Career. Ralph Yirikian gave a TED Talk on the topic “New management style. Digital transformation". In particular, he expressed several ideas about the digital transformation that is often carried out in modern companies and emphasized the importance of effective communication throughout the process. "It is important to understand that digital technologies are not coming to take our jobs, on the contrary, they are here to make our work more efficient. Thanks to them, companies can increase their profits, save money and improve their efficiency. Managers should ensure that all employees clearly understand the significance of digital technologies, working to explain why digital transformation is being pursued. By doing so, employees will be more actively engaged in the transformation process," stated Ralph Yirikian, Director General of Ucom. The event also featured a discussion on the to... -
Armenian News - Tert.am - 11:03 Mar 29, 2024
Ameriabank has been named the Best Bank in Armenia by Global Finance magazine in its 31st annual awards for the World’s Best Banks. Winners have been chosen in nearly 150 countries, territories and districts in the world with consideration of criteria such as growth in assets, profitability, geographic reach, strategic relationships, new business development and innovation in products as well as the opinions of equity analysts, credit rating analysts, banking consultants and others involved in the industry. According to Global Finance, the winners of this year’s awards are those banks that carefully addressed their customers’ needs in difficult markets and accomplished strong results while laying the foundations for future success. Winning organizations managed their assets and liabilities in a savvy way in light of the fast-changing interest rate scenarios. “Banking has reached another watershed moment with the debut of generative artificial intelligence, which promises to rewrite the industry playbook,” sai... -
Armenian News - Tert.am - 09:24 Mar 28, 2024
With the support of Viva-MTS and with joint efforts of Union of Employers of ICT (UEICT) and National Polytechnic University of Armenia (NPUA), two auditoriums renovated and turned into IoT labs have been opened at the 9th building of the university. Two well-equipped auditoriums provide a motivating educational environment. Since 2019, partner organizations have opened 11 auditoriums and a co-working space at NPUA to provide modern educational conditions for students and startups. Viva-MTS has invested AMD 184 million for this purpose. Government representatives, the Rector and faculty members of NPUA, Viva-MTS General Director and representatives of the Company, board members of UEICT, its Executive Director, as well as other members of the Union participated in the opening ceremony of the educational facilities. RA Deputy Minister of Economy Rafael Gevorgyan noted in his welcoming speech that not only the creation of appropriate infrastructure is important for strengthening the ties between education and b...
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