At an interview given to ArmInfo, one of the owners of Interactive TV, Karen Margaryan, communicated that U!com LLC would buy the whole package of their company stocks and that the commission regulating public services in Armenia had already allowed to sell the stocks to U!com LLC on July 11, 2012.
Karen Margaryan also informed that the decision to sell the TV company stocks was related to the intention to make investments in a different field. “We have decided to give that business to those who are more professional in that field,” he said.
Whereas Interactive TV got no. 121 license to broadcast TV shows from the National Commission on TV and Radio (NCTR) in 2006. The term of the license expires on September 5, 2016. www.aravot.am asked the NCTR a question in writing what they thought about this fact of passing the broadcasting business to others, given the fact that according to Article 46 of the
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Television and Radio Act, “The license to broadcast TV shows cannot be passed to or sold to another person.”
The content of the issue is avoided in the answer we have gotten and it only mentions, “We inform you that the NCTR hasn’t gotten any note from U!com LLC and Interactive TV on this issue at the moment.”
Anna ISRAELYAN
