Company profiles
Until 2014, the mobile services market in Armenia was divided between three operators: ArmenTel (Beeline), Vivacell-MTS and Orange Armenia. All the three companies represented private foreign capital. Russian telecommunication companies Beeline and MTS continue to own the controlling interest in the two largest Armenian operators ArmenTel (Beeline) and Vivacell-MTS. The share package of Orange Armenia used to belong to France Telecom subsidiary. In 2015, the assets of Orange Armenia were acquired by Ucom (Universal Communication), founded in 2007 and providing broadband Internet services. This is the only company with Armenian capital.