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
Ucom Supports Free FPV Drone Training for Teenagers by the ArmDrone Community AraratBank’s Special Offer at Leasing Expo Attracts Strong Customer Interest Flexible Terms when Transferring your Mortgage Loan to AraratBankThe Defense Team of the “Sacred Struggle” Releases Evidence Exposing a Fabricated Terrorism Case Unibank Awarded Client Protection Certification by MFR The Power of One Dram April Beneficiary: Davitbek Games NGOUcom and Impact Hub Yerevan Announce the Third Year of Green Innovation FellowshipUnibank Launches Referral Campaign “Invite Friends and Get Bonuses"Team Holding: The second phase of the placement of USD-denominated bonds has been completed. Underwriter - Freedom Broker Armenia. “A friend” needs money urgently. IDBank warns that trust can be exploited on social media.Denationalizing the ‘Map’ (Reflections on the ‘Real Armenia Ideology’)AraratBank at Leasing EXPO 2026: Special Leasing Offer for Energy-Efficient EquipmentUcom Offers Virtual Cloud Server (VPS) ServiceIDBank Participates in Regional Conference of the Union of Banks of Armenia, Presenting Innovative Tools for the SME SectorUp to 25% idcoin When Buying Airline Tickets with IDBank Premium CardsAcba bank and the U.S.-based Interactive Brokers have signed an agreementIDBank and Idram Alongside the “Matemik” NGOIDBank Participates in Regional Conference of the Union of Banks of ArmeniaConverse Bank Receives STP Excellence Award Once AgainUnibank to participate in Leasing Expo 2026 with a special offer
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]