Yerevan, 03.October.2023,
Unibank is now a regular partner of “Pan-Armenian intellectual movement” IDBank issued another tranche of dollar bonds Green Iphone on the best credit terms at green operator's stores UCOM Provided technical assistance to Shengavit administrative district AMD 9,808,684 to the "City of Smile" Charitable Foundation. The next beneficiary of "The Power of One Dram" is known Unibank offers a “Special” business loan with an interest rate of 8.5% per annum IDBank implements the next issue of nominal coupon bonds Flyone Armenia will start operating regular direct flights Yerevan-Moscow-Yerevan New movie channels in Ucom and good news for unity tariff subscribers Ucom offers discounts on a number of devices on the occasion of love holidays

The Future of Armenia is Undoubtedly Digital and Green․ Gurgen Khachatryan


Children might perceive telecommunications as a mundane subject, involving intricate networks of slender wires, radio waves, and transmitters. However, this only scratches the surface of its vast complexities. My brother and I hold indelible memories from our school years, dashing through the corridors of the telephone exchange after school hours. This building housed a solitary, analog rack with blinking lights that occupied an entire floor. The most exhilarating aspect was undoubtedly the ability to facilitate people's conversations, albeit with the occasional misconnection and getting caught by our grandfather during our mischiefs. 

Today, we commemorate the World Telecommunication and Information Society Day, a day that celebrates our dedicated team at Ucom, industry experts, and my 92-year-old grandfather, Gurgen. Gurgen Tadevos Khachatryan, a veteran in the field, was among the first "communicators" in Soviet Armenia to attain the highest qualification. He led the Nairi regional communication hub for an impressive 25 consecutive years and is the only person in the field with a half-century of leadership experience. 

It was my grandpa Gurgen who inspired my brother and I to delve into the world of telecommunications, to establish our own company, and ultimately, to celebrate the milestone of our 10,000th subscriber at Ucom about a decade ago. Grandfather Gurgen is the catalyst for my desire to discuss, on this World Telecommunication Day, the responsibility we bear in constructing robust, future-proof networks and passing them down to ensuing generations. 

The transition from one generation to the next, from analog to digital, has resulted in the telecommunications of today and the future being vastly different in terms of technology, bandwidth, and scalability compared to the networks of pasts, with their nostalgic "switch" memories. Modern telecommunications, as a unified service provider, seamlessly connects infrastructures, corporations, systems, and smart devices, equipping them with data and artificial intelligence capabilities. However, how prepared are Armenian businesses for these transformations? According to our data, only a minuscule percentage of entrepreneurs seem ready[1]. And what about our urban infrastructure's readiness for a mobile future[2]

Today, nations with a keen focus on technological adaptation are witnessing exponential growth, while countries like ours are struggling with a comparatively slow pace of progress[3]. This is not just currently inadequate, but it also poses substantial challenges for the coming decade. 

The telecommunications industry, by necessity, requires digitization of operators and infrastructure to reap the financial benefits from investments in fifth-generation networks. For developing economies[4], particularly that of Armenia, digitization is crucial to prevent further widening of the chasm in business competitiveness that runs parallel with the evolution of contemporary technologies. 

We firmly believe that cutting-edge telecommunication infrastructures will stimulate economic growth and open up novel opportunities for both seasoned and aspiring entrepreneurs. Yesterday's announcement of the next phase of the Ucom-Ericsson partnership signifies the initiation of fifth-generation technological solutions with unparalleled technological and environmental support. It also marks the advent of our new green social responsibility strategy aimed at infrastructure and environmental protection. 

As a company founded on Armenian capital and steered by Armenian experts, we understand the cost of missed opportunities and the vital mission to empower the younger generation. Consequently, we extend an invitation for collaboration to all Armenian businesses that align with this vision and have faith in the digital future of our nation. However, our commitment goes beyond this. Moving forward, all new technologies from Ucom will be equally accessible in the capital city as well as the most secluded settlements of Armenia. We perceive it as our responsibility and mission to ensure the essential green "connection" for our compatriots in their respective localities. 

Lastly, Ucom embarks on a new stage of evolution under the proficient guidance and the vast experience within the telecommunications sector of CEO Ralph Yirikian. We are confident that the new strategy will yield exemplary outcomes and build a sustainable network for both Armenian entrepreneurs and all our compatriots, regardless of their location. At Ucom, we pride ourselves on our mastery of our craft. The best is yet to come.

“Compatriot”: a privileged package of services from IDBank for the Armenians of ArtsakhIdram and VIVA Fund for Armenians of Artsakh The detention of Mr. Ruben Vardanyan by the Azerbaijani authorities is illegalUcom offers free mobile services to forcibly displaced people of Artsakh IDream - special for our youth forcibly displaced from Artsakh Ucom’s director general Ralph Yirikian delivered a special lecture at “Leadership school” The international FINTECH360 conference will be held in October in Yerevan The reduced UCOM roaming rate for several countries will remain at 9 AMD/MB Ucom keeps on upgrading the mobile network Your business - our solutions: SoftPOS application from IDBank - your sales toolIDBank placed $5 million tranche Idram is for all: commercial director Grigori Yolyan Ucom's uHome mobile internet now comes with Level Up voice service inclusions AMD 3,500,572 to the “SOS Children’s Villages” Armenian Charity Foundation Ucom initiates mobile network upgrade First in Armenia: Ameriabank’s Mortgage Portfolio Goes Past AMD 200BS&P Upgrades Ameriabank to 'BB-', Outlook Stable3 educational centrs in Goris alredy benefit from Ucom's high-speed internetFuel cards are in plusShtigen Group is Ready to Support the Development of the Capital Market in ArmeniaUcom offers buying Xiaomi Redmi 12 at just 1500 amd/month and getting wireless earbuds uDays discounts are available in the Ucom online shop Ameriabank Wins in 3 Nominations of Global Finance World’s Best Digital Bank Awards 2023 In July, “The Power of One Dram” was directed to the “Children of Armenia” fund. August beneficiary is SOS Children's Villages FoundationUcom and “Sunchild” a nature and culture preservation NGO, have launched a "green" partnershipIDBank bonds can also be purchased online. The bank issues 2nd tranche of dollar bondsUcom discontinues the use of stamps Some of the Equipment Required for the Modernization of the Ucom Mobile Network has Already Arrived in Armenia100 days at Ucom with Ralph Yirikia: director general announces the companys vision and 5-year strategy for countrywide expansion IDBank will issue dollar bonds Amundi-Acba made a huge investment in the RA economyAt Ucom honor Choice X3 wireless headset is included with the purchase of HONOR smartphones Ucom and the official representative of Apple, ASBIS, have signed a memorandum of understandingThe fastest home fixed internet from Ucom is now available in Goris Ucom roaming bundles can be activated through the Ucom mobile application "The Power of One Dram"- to the "Hayordi" camp: the beneficiary of July is the "Children of Armenia" FundAmeriabank Receives 4 Sustainable Finance Awards from Global FinanceTRAVEL WITH PROFITUcom offers Xiaomi Redmi Buds 3 Lite wireless earbuds with every Xiaomi smartphone purchase Shell brand is already in Armenia. The first fuel stations were put into operationUcom offers a special discount of AMD 40,000 on iPhone 14 Moody’s rating agency has upgraded Converse bank’s rating With the technical support of Ucom, BarCamp was held in Yerevan for the 14th timeThe Initially Affordable Samsung Galaxy A13 Is Now Discounted at Ucom Ucom runs a short-term sale on the 9th generation iPAD 10.2 With Ucom’s technical support, the 25th edition of Stepan Sargsyan cup in freestyle wrestling was held MyInvest. Ameriabank has Launched an Online Investment Platform Ucom offers special credit terms for the purchase of Apple smart watches and AirPods "The Power of One Dram" initiative turns 3: more than AMD 128 million to more than 20 fundsAraratBank receives 2 awards at the annual AMX AWARD 2023