Yerevan, 16.April.2024,
00
:
00
1 $ = 0 ֏, 1 = 0 ֏, 1 = 0 ֏
BREAKING


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

SOCIETY

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.

Co-founders of Galaxy Group of Companies Co-Hosts Business Breakfast to Strengthen Armenian-French Business TiesLeasing agreement and a number of advantages. Amio is in the Leasing Expo with a special offerInternational transfers from card to card with IDBank VISA cardsIdplus Bonuses in Idram&IDBank ApplicationUcom has released a new package offer Ucom continues network modernization in regions of ArmeniaIdram and IDBank participated in the signing ceremony of the Declaration of Women's Empowerment PrinciplesGeneral Director of Ucom participated in Doing Digital Forum 2024AraratBank: General Partner of Face-to-Face Regional Forum4.017.648 Drams to My Forest Armenia: April Beneficiary of The Power of One Dram is 4090 Foundation Ucom continues to support green energy expansion in Armenia Spring brought so much profit. It is a profitable promotion at Amio Bank Director General of Ucom took part in a recruiting conference Ameriabank named the Best Bank in Armenia for 2024 by Global Finance magazineAraratBank places its 27th issue of dollar bonds Ucom launches network modernization efforts in few regions of ArmeniaUcom Launches Network Modernization Efforts in Regions of Armenia5 000 dram bonus from IDBank for pension card holders World Bank Armenia has organized discussion on facilitating women’s wider engagement in sectors that have been traditionally male dominated in the countryIDBank as a Participant in the Conference of My Forest Armenia NGOIDBank issues the 1st tranche of dollar bonds of 2024In 2023, the SME Loan Portfolio of Ameriabank Reported More Than 30% GrowthMining plays an important role in providing materials for energy transition and green economy: Roman Khudoli Amio digital cards with unlimited opportunities and 5% cashbackInternational Client’s Day at IDBank Termination of service of MIR cards. IDBankThree Sad Stories about FraudstersUcom showed high and stable growth in fixed and mobile communications in 2023 The number of Team mobile subscribers is over 1 million On the occasion of International Women's Day ZCMC employees were awarded 3,780,052 Drams to the City of Smile Fund: The Power of One Dram Will Go to My forest Armenia in MarchGlobal Finance Recognizes Ameriabank's Leadership in Sustainable Finance in ArmeniaHow AMIO succeeded in gathering its team, partners and customers around a common goalWhat to Give on The Occasion of Women's Day? Idram and IDBankHalf Price for Everyone and up to AMD 15.000 Welcome Bonus for New Customers. IDBank Ucom congratulates everyone with spring holidays with a special offer Doing Digital Forum Returns Featuring Brett King as Keynote Speaker We celebrate the successes of AMIO BANK and Ingo Armenia in 2023ZCMC declares, that the Russian company GeoProMining LLC has never been and is not currently a shareholder of the Company, nor does it have any stake in the Company's ownership structureA Millionaire Wanted: New Draw from IdramUcom's fixed network is now available at AshtarakVisa & Unibank Unique opportunities to Olympic Games fans thanks to Visa in ArmeniaThe renovated Ucom sales and service center opened at Komitas 30Privileged conditions with the Business Prime packageInterview with Chairman of BOGG PLC Mel CarvillGet 5% cashback on your AMIO digital card! Get 5% cashback on your AMIO digital card!Book Giving Day in Khnko Aper Library. IDBankTransfer your loan and take benefit of the 1.5% low interest refinancing offerAraratBank Donates to Regional Libraries: BOOKS FOR ALL