“Viva Armenia” CJSC announces the signing of an agreement to acquire the shares of “GNC-ALFA” CJSC, operating under the Ovio brand.
The transaction represents a strategic step in Viva’s development and is aimed at establishing a fully converged platform that will integrate mobile communications, fixed Internet, television, telecommunication transport infrastructure, and digital services into a single ecosystem.
Viva’s key strategic advantage lies in digital convergence — a model in which mobile, fixed, content, cloud, and other digital services are integrated into comprehensive customer solutions.
The addition of a fully-fledged fixed-line segment to Viva’s portfolio will enable the Company not only to strengthen its infrastructure foundation but also to reach a new level of product leadership by achieving maximum diversification of its product portfolio.
The integration of Ovio will expand Viva’s capabilities in the fixed services segment, strengthen the Company’s fiber-optic, cable, and radio relay infrastructure, and provide the foundation for building a more powerful, resilient, and efficient nationwide telecommunications transport network.
The integration of the companies’ assets will enable Viva to launch converged products more rapidly, develop more attractive bundled offers, and expand new digital business opportunities for residential, corporate, and public sector customers.
Of high importance is the modern certified data center, which will strengthen Viva’s infrastructure capabilities in cloud services, data storage, and data processing.
Having its own data center will provide the company with an additional foundation for developing next-generation services, including solutions powered by artificial intelligence and other advanced digital technologies.
The acquisition of Ovio is of long-term strategic importance to Viva and is fully aligned with the company’s course toward digital transformation, business diversification, and strengthening its technology leadership.
The integration of Viva’s and Ovio’s network infrastructure will increase network capacity, improve data transmission speeds, and enhance the quality and reliability of communications.
Ovio subscribers will continue to receive services under their existing terms and conditions.
