Beeline and VTB Bank (Armenia) announce sale of smartphones on installment plan without interest and commission

YEREVAN, June 21. /ARKA/. ArmenTel telecommunication company  (trading as Beeline) in partnership with VTB Bank (Armenia) has announced the sale of smartphones on the installment plan without additional interest or commission.

Smartphones are sold with Smart postpaid tariff plans  (from 2.5 thousand to 7.5 thousand drams) in all Beeline’s sale and service offices. The cost of smartphones range from 100 thousand drams to 550 thousand drams.

VTB Bank (Armenia) CEO Yuri Gusev described  the new product as ‘absolutely revolutionary’ in the Armenian market and the most client-oriented, which will allow Beeline customers to purchase various equipment by installment  without paying interest and commission. Gusev added that the offer does not contain any hidden interest.

In turn, ArmenTel CEO Andrey Pyatakhin noted that the launch of the ‘revolutionary product’  was prompted by the wishes of the company's customers.

Pyatakhin said one of the main advantages of the new product  is that the buyer can  pay for a smartphone and communication services through all payment channels -  Beeline sales offices, payment terminals or banks.

The age of the buyer should not be less than 21, and at the time of repayment  it should not exceed 65 years.

VTB Bank (Armenia) VTB was acquired completely in April 2004 by Russian VTB Group. It runs 67 branches in Armenia.

ARMENTEL IS A 100% SUBSIDIARY OF VIMPELCOM. IT PROVIDES FIXED AND MOBILE SERVICES. -0-

Read the news first and discuss them in our Telegram

17:30 06/21/2017