12 replies to this topic

[MosJan]

GREEK OTE ANNOUNCED 44.7 % DECREASE OF ITS PROFITS IN ARMENIA
01.06.2001

YEREVAN, June 1. /Mediamax/. Greek Telecommunications Group (OTE) announced that its net profits in Armenia fell by 44.7% in first quarter of 2001.
OTE owns 90 per cent of shares of ArmenTel Company - the monopolist in the telecommunications sphere of Armenia. The OTE reported the net income of ArmenTel has made 2.1 million Euros in Armenia in the first quarter of 2001.

[Boghos]

The privatization of Armentel was clearly one of the major economic blunders of the republic. Just an example: Internet access, monopolized by Armentel, means expensive and unreliable service.

OTE is also not exactly an example of a well managed company itself.

I can understand some monopolitsic protection for a short period of time in order to upgrade the network, but what has been done verges on the irresponsible, if not criminal.

[MJ]

If I am not mistakes a previous minister (Boghbadian, if not mistaken) was jailed partially due to his machination in this deal. Or am I confusing something?

[nairakev]

MJ,
Actually, that doesn't mean that Armenia is a democratic country. The US model is trying to stimulate the private market. The European model stimulates both: private and public. Someone said that Armentel is hold by Greek company. I think it was 90% of share. In Europe and in the US, as well, the monopolists suck.

A "Classic" logic. I'm not going to start debates on monopolism, communism or bolshevism. The question is why we need to be different from others by closing eyes on the reality. Armenia should cross a "long way of transition pain and patience", until it will accept easily with jokes and political anecdotes such "catastrophic scandals" like the one with Armentel and other historically known public monopolists...hope you got what I meant


...if you still did not understand. We can try private means of telecommunication? I hope you heard about the efficiency of forum "geisha" discussions.

You should come and participate as well, honeybunny, otherwise we don't know if you are really having fun here! I'm not curious, at all! Actualy noone is!

[MJ]

On a serious note, I didn't discuss democracy, did I?

You go right ahead with the "underground," I'll stay on the surface and will give you my protection so far as the revenues justify it.

[nairakev]

On a serious note, I didn't discuss democracy, did I?

You go right ahead with the "underground," I'll stay on the surface and will give you my protection so far as the revenues justify it.

I think I'm becoming someone's huge fidele "fun"!!!
You aren't in books, kid, are you?
Kinda modern armeno-californian Galileou?
What a beautiful sky? Oh, my dear, so many stars on it! Let's count all of them.

so far as the revenues justify it
MJ,
I don't work for money, honeybunny!
Common, take your phone and dial:

Tol Free 1-800-HELP_ME_JESUS
or
Tol Free 1-800-HELP_THEM_JESUS

Being honest,I prefer:
Tol Free 1-800-WELCOME_TO_HELL

[MJ]

Naira,

I am too old and too tired.

Also, we are in the Economy forum.

[nairakev]

MJ,
we're talking about economy, honey!
Actually, people like you are governing the economy of our ****ing country! Hope they are not too old! I'd prefer young-minded at least!

[MJ]

Actually, they are not like me, and not as old. I can gurantee you that. Besides, as I grow older and older, my body becomes fitter and fitter, and my mind sharper and sharper.

[nairakev]

I see! Is that a problem for not being able to make difference between democracy and economy issues? BTW, they are two dependant from each other issues.
So what is your economic model for Armenia?

[MJ]

Naira,


I suspect you have lost me. The Economy I spoke about was the Economy of the proposed "underground." And it meant to be a joke... Sorry if that it didn't come across as such.

The democracy itself is not a remedy for the economy, though frequently it helps.
Some anti-democratic regimes experience unprecedented economic success. However, this doesn't mean that I am advocating something other than democracy for Armenia. As a matter of fact, I would advocating democracy beyond that of conventional.

As far as Armenia's Economic model is concerned, it is a derivative issue. Its Economy can exist only as a part of World Economy. The concept of Armenian Economy on its sovereign capacity is absurd, in my view, due to the limitations that we know of.

And, unfortunately, you have chosen the wrong person to hold responsible for whatever wrongs or to contrast to the “young-minds.”

[nairakev]

MJ,
IF I was bored up with you, I don't think I will stay longer than a second from clicking away.
Some anti-democratic regimes experience unprecedented economic success.
Chile, China, South Africa ... yeah, these could be "totalitarist" success story. But the majority of countries are those which have no "democratic stability". And they live in powerty. Besides, we never know how China will end up. Chile is shaken as well. South Africa looks all right. But it is more a phenomenon than a general rule.

There is no stability without democratic institutions and healthy economy.

I think Armenian model should be different from what other poor countries face.
Armenia is surviving an economic blockade, which directly questions the stability of democracy inside country.

Armenia should write a serious "business plan" and raise money.

This comparison is not occasional. Marshal Plan was a BPlan, and successful one. There are many other exemples from human history. You do not have to be extraordianry smart to figure the necessity of a strong ang faisable plan for "Reconstruction".
Does armenian government has any plan? I'm afraid not.

[ June 01, 2001: Message edited by: naira ]

[ June 01, 2001: Message edited by: naira ]

[MJ]

Dear Naira,

You don't need a lot of effort to sell your latest arguments to me.

I am in!

[ June 02, 2001: Message edited by: MJ ]