Sevan Startup Summit 2018

22 Jul 2018 - 29 Jul 2018
Sevan lake

Around 1000 entrepreneurs from around the world will take part, including 120 startup teams
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Al Eisaian

IntelinAir

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Manuk Hergnyan

Granatus Ventures

Co-founder and Managing Partner at Granatus Ventures

Artashes Vardanyan

Microsoft Innovation Center

Director of Microsoft Innovation Center

Karen Vardanyan

Union of Information Technology Enterprises

Executive director at Union of information technology enterprises

TaxoLine

Online taxi order in Yerevan

Shadowmatic

Imagination-stirring 3D puzzle game

A2B transport

Transport routes search in Yerevan

Sololearn

The biggest mobile platform for learning programming

Chessfimee

Chess board scanning and analyzing

Calculator (APPA)

Calculate APPA expenses

Mathuk

Math teaching online app

Be Armenian

Armenian-themed backgrounds and greeting cards in Armenian

MTS bought VivaCell 10 years ago today

10 years ago today, on September 14, 2007 Russian company MTS purchased 80% of shares of Armenian mobile operator VivaCell.

MTS President Leonid Melamed, VivaCell General Manager Ralph Yirikian and President of Lebanese investment company Fattouche Group Pier Fattouche announced the news on September 14, 2007 in Yerevan.

MTS bought 80% of the authorized capital stock of International Cell Holding Ltd, indirect owner of K-Telecom CJSC that operates under VivaCell brand, and signed an option agreement for purchase of the remaining 20% of the shares.

The sum of transaction made EUR 310m, including EUR 50m that was to be paid to the owner within 3 years - from 2008 to 2010 - provided that agreed income targets were met by K-Telecom.

MTS also provided K-Telecom a loan of EUR 140m for debt repayment and investment program.

Leonid Melamed stated that “the purchase is fully compliant with the strategy of MTS, which aims to use the potential of rapidly growing CIS markets”.

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