MOSCOW, June 7 (RIA Novosti) - VimpelCom (RTS: VIMP) has tabled a bid for a 90% stake in Armenia's leading cell operator ArmenTel, Russia's no.2 mobile phone company said Wednesday.
Greek company OTE (Hellenic Telecommunications Organizations SA) said in April it was planning to sell the stake.
"We will take part in the first stage of the tender," said VimpelCom spokesperson Yulia Ostroukhova. "But we are not going to reveal any details until the tender results are announced."
Russia's telecommunications company AFK Sistema (RTS: AFKS; LSE: SSA) is also bidding for ArmenTel, the company's chief executive Vladimir Yevtushenkov said.
The Armenian government holds 10% in ArmenTel, which with about 330,000 users counts just over a tenth of the population as its clients, as of late March 2006.
