Armenia`s regulator  approved the sale of 100% of GNC-ALFA s shares  to Viva Armenia CJSC

ArmInfo. On July 2, the Public Services Regulatory Commission (PSRC) of Armenia, approved the sale  of 100% of shares of the telecommunications company GNC-ALFA (brand OVIO, formerly Rostelecom Armenia) to another telecommunications operator, Viva Armenia CJSC (brand Viva).

"A six-month timeframe has been set for concluding a possible  transaction starting from the date the Commission's decision's comes into effect," the Regulator's decision says.