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Ucom announces the completion of the first phase of its 5G network rollout, now operational in nine Armenian cities: Aparan, Artik, Charentsavan, Dilijan, Gyumri, Spitak, Stepanavan, Vanadzor, and Tsaghkadzor. The 5G launch marks a significant milestone in Ucom's regional infrastructure modernization program, designed to offer faster speeds and a more reliable connection to subscribers. 5G technology enables quicker and more efficient data transmission, improving the digital experience for users. "The launch of the 5G network is a major step toward a new digital reality at the heart of our company’s vision. Our aim is to deliver the best digital experience with even faster internet and increased capacity for handling larger data volumes. We understand that 5G is more than just fast internet – it is a crucial driver that will unlock new opportunities for innovation and economic growth in Armenia," said General Director of Ucom, Ralph Yirikian. The new high-speed network is accessible to all subscribers of prep...
As a result of cooperation between Ucom and the SunChild NGO, another community infrastructure development project has been carried out in Vardenis community of the Gegharkunik region. A solar power plant with a capacity of 11.6 kWh was installed on the roof of a community-owned building in Garnik Karapetyan Park in Vardenis. These solar panels are designed to cover the energy costs of the park’s lighting and other adjacent structures. Additionally, the surplus energy will be redirected to reduce the electricity costs of other community infrastructure. "Using sustainable energy sources not only allow communities to save their budgets and address more issues for their residents. It also promotes a lifestyle focused on environmental protection, care for nature, and care for one another. Ucom, as a responsible company, considers it its duty to take care of communities and the environment, and to set an example in this regard," mentioned Ralph Yirikian, General Director of Ucom. "The installation of this solar pl...
Converse Bank "PJSC" has signed a framework agreement with the Uzbek JSCB Kapitalbank during the Sibos 2024 international conference, held in Beijing. This is an important step for both Converse Bank and its partners, representing a significant document aimed at expanding international cooperation in key areas: Financing of foreign trade transactions, and support for clients in export and import matters; Cooperation in financial markets, including joint operations in currency and money markets. With this partnership, the Bank expands its international network of partnerships, providing its clients with new opportunities for business growth and success. "Thanks to reforms, Uzbekistan’s economy is demonstrating impressive growth, attracting foreign investment and advancing key sectors. Kapitalbank is a driving force of transformation in the country and one of its market leaders. With this new collaboration, Kapitalbank becomes a strategic partner of Converse Bank, not only in Uzbekistan but across Central Asia,...
From October 7-11, for the first time the prestigious International CMC Conference was held in Armenia marking one of the most significant events for the Armenian Consulting and Business Community. More than 150 participants and consultants from 30 countries came to Armenia to discuss innovations and priorities in the Consulting. Over 30 representatives, along with 35 guests and speakers from leading Consulting firms from different countries, arrived in Armenia to become part of the international event. "The success of the Conference is obvious, and I especially emphasize the importance of holding such a prestigious event as the International CMC Conference in Armenia. The Conference initiated several significant partnership agreements that will have a substantial impact on the Consulting and Business communities’ future development. More than 45 delegates arrived in Armenia to participate in the annual IMC Armenia conference, further highlighting Armenia's important role in the consulting market. I would als...
Ucom and SunChild NGO implemented another infrastructure development project in Vardenis community of Gegharkunik region. As part of this project, a 9.28 kWh solar power plant was installed at the Lchavan pumping station, which will help significantly reduce expenses on electricity consumption of the pumping station and provide residents with longer daily access to drinking water. Previously, due to the high costs of operating the pumping station, residents had access to drinking water for only two hours a day. Now, thanks to the installed solar plant, access to drinking water will increase by 50%, significantly easing the daily lives of residents. "As part of our cooperation with SunChild, we have installed multiple solar power plants, solving the electricity problem for communities. This time, it turns out we are solving the drinking water problem at the same time. I believe this is one of the best ways to show our commitment to corporate social responsibility—when companies with significant technological r...
Taking into consideration the significant contribution to the development of Masis community, activities aimed for the welfare and development of the community, as well as respect and high reputation among the population, by the unanimous decision of Ararat Marz's Masis community Council of Elders, the owner of "Grand Holding", businessman and benefactor Mikael Vardanyan was awarded the title of "Honorary Citizen of Masis community". Mikael Vardanyan implemented a number of patriotic and vitally important charitable programs in Masis, that have great exclusivity in the development of the community. In particular, with the participation of the benefactor, the St. Thaddeus church was built in Masis, and now Mikael Vardanyan is financing the construction of the rectory building. With the financial support of the benefactor the Masis municipality neighborhood park was totally renovated, the Hrant Vardanyan street was fully reconstructed and the lighting network was installed. Thanks to the benefactor's financing,...
The prestigious International CMC Conference, one of the most significant events for Armenian consulting and business communities, kicked off on October 7. Representatives of leading global consulting companies and esteemed speakers from various countries have arrived in Armenia for the conference. The CMC Conference has become a platform for the exchange of expertise, fostering global collaboration, and promoting professional development, featuring masterclasses and panel discussions with top consultants. Ucom is the technological partner of the prominent International CMC Conference. Within the scope of the cooperation, the General Director of Ucom Ralph Yirikian joined the event as a speaker sharing his expertise on "The Intersection of Technology and Sustainability." "As a telecommunication company, Ucom interacts with innovative technologies every day. Today, technological development is an essential part of our lives, and telecommunications is the field that makes technology accessible to everyone. Howe...285 items