Yerevan
Tbilisi
Moscow
Paris
Los Angeles
Beijing
English
Հայերեն Русский
Main Timeline Video Share
May the Holiday Warm Hearts: Idram and IDBank Support the Children of Heroes Beneficiaries of the "By Your Side" program at IDBank AraratBank Named Large CSR Company of the Year Idram Joins the Fight Against Food Insecurity Ucom’s Renovated Sales and Service Center in Yerevan Mall Reopens 1% idcoin instead of New Year’s suffering: practical tips Idram Junior Donated Books to Schools Big Christmas Market with Idram, IDBank and idplus Ucom Supports Wildlife Monitoring in Ararat Region IDBank, Idram, and idplus at the Big Christmas Market Converse Bank Deputy CEO and CFO, Grant Akopian, Elected to BACEE Board Ucom and SunChild NGO Install a Solar Plant in Alaverdi Kindergarten
Timeline
The Widely Discussed Dvin Crown Project. A New Visibility Platform for Brands Has Emerged in the Heart of YerevanAmeriabank named Most Innovative Digital Bank in Armenia, alongside 9 Global Finance Digital Banking AwardsUnibank and Picsart Academy Host Kids Day for ChildrenUnibank Issues AMD and USD Bonds with Annual Coupon Rates of 10.3% and 6%Artur Hovhannisyan and the Ambassador of Bulgaria to Armenia discussed a number of programs of mutual interest to Armenia and Bulgaria A new and fantastic story was born in the heart of Yerevan—the spirit of the old city at Hayasa Hotel Old YerevanConverse Bank is Lead Sponsor of the BACEE International Banking Conference Ralph Yirikian on the Cost of Digital Transformation at the 13th Regional HR Conference You Can Now Pay with Idram on Glovo: The Long-Awaited Partnership Is Now a RealityRate.Trading: Currency Exchange on a New Digital PlatformIdram's "City of Good Deeds": From Teamwork to Real Charitable Projects Ucom and FAST Bring Together Artificial Intelligence and Green Innovation From Car Selection to Purchase – All in One Place: Ameriabank to Present its Myar.am Platform and Special Offers at Armenian Auto Show IDBank and the “Dekavva Fund” Stand with People from Artsakh Ucom Supports AI-Powered Camera Installation for Nature Conservation Dmitry Ishkhanov Opens the New Steinway’s Concert Life in Pardubice Ucom Fellowship Participants Meet Ralph Yirikian at UcomUnibank Becomes Title Sponsor of Alashkert Football ClubSergey Smbatyan’s Music for Future Foundation and the Lang Lang International Music Foundation Invite Young Pianists to Apply for the Prestigious Lang Lang Young Scholars ProgramUnibank Call Center Now Available 24/7 on Weekdays
All Timeline »
Society

Team Telecom Armenia is undertaking its initial public offering (IPO)

02/06/2023, Yerevan․  "‎Telecom Armenia "‎ OJSC (trademark: Team Telecom Armenia) has issued and is
allocating stocks through a public offering, giving everyone the opportunity to participate in the
development of the company, make an investment, share the success and become the shareholder of
Team.


The company plans to allocate 40 million stocks with a total volume of 8 billion 240 million drams. The
offering will be carried out from 7 June to 31 October of this year inclusively.


"Team Telecom Armenia is the first company in the telecommunications sector undertaking its IPO in
Armenia. With this step, we are becoming more open and public, forming a more transparent way of
working and will share our successes with both subscribers and future shareholders. Due to team work,
the company has ensured stable financial growth in recent years and is taking the next bold step already
in the financial sector. Due to the new investments, we will implement our ambitious plans faster, together
developing the telecommunications sector, digital technologies and the country's economy, "‎ says Hayk
Yesayan, General Director of Team Telecom Armenia.


The company will use the raised funds for the rollout of the fiber optic NGN network throughout Armenia,
the launch of the 5G mobile network and the activation of new international channels. Being engaged in
the field of digital technologies, the company will also pay huge attention to the introduction of modern
digital tools and solutions and the implementation of other ambitious projects.


The stock prospectus of  "‎Telecom Armeniav OJSC has been registered by the decision of the Central
Bank of Armenia No. 1/288A as of 31/05/2023. "‎AMERIABANK "‎ CJSC is acting as Lead Arranger for the
offering. The procedure of stock purchase, the electronic version of the prospectus and the IPO
announcement can be found here.


Team Telecom Armenia provides Internet, digital television, mobile and fixed phone services in the territory of Armenia. Since 2021, the company has started the rollout of NGN (Next Generation Network) network, which is unique in the region, with 25 Gb/s speed and the implementation of 25G-PON technology.


Department of public relations: [email protected]