December 3, 2020, Yerevan: On October 29, an agreement was concluded between “VEON Group” and “TEAM” LLC, according to which “Veon” Armenia CJSC is transferred to “Team” LLC.

During the meeting with journalists, Hayk Yesayan, the General Director of the company, especially noted the following: “It is very gratifying to realize that a truly national telecom operator has finally appeared in Armenia. We intend to direct all the potential of ourselves and our two teams together to the introduction of the best advanced technologies in Armenia. Our subscribers will soon receive completely new offers and services that will open up new opportunities for business, education and any other activity.”

The changes will be based on the New Generation Network (NGN) technological network, which will change all perceptions of digital services in Armenia.

During this month, “VEON Armenia” CJSC has already managed to change its legal name and become “Telecom Armenia” CJSC. According to the agreement, the “Beeline” brand will remain until April 2022, after which the brand will be called “Team Telecom Armenia”.

It should be noted that the co-owners of “Team” LLC Hayk and Alexander Yesayan, who are citizens of the Republic of Armenia and have extensive experience in the field of telecommunications, are the sole owner of “Telecom Armenia” CJSC.