Viva Armenia CJSC is pleased to announce that on February 27, the General Meeting of Shareholders made a decision to distribute dividends in the amount of AMD 10 billion. The dividends were disbursed to shareholders in proportion to their shares.
The dividend distribution reflects our commitment to ensuring profitability of the Company for the shareholders through strong financial performance and growth-oriented strategic initiatives. Over the past year, Viva Armenia has achieved significant growth, with a 6% increase in revenue and a 35% rise in net profit. This substantial performance enables us to provide consistent and competitive dividend returns to our shareholders.
Looking ahead, we are excited about the prospects of our strategic initiatives, which aim to enhance our market position and drive sustainable growth. Viva Armenia intends to expand its service offerings, invest significantly in the development of 5G technology, and enhance more the quality of its services to ensure an exceptional customer experience.
The strategy implemented by the Company’s leadership, based on the principles of transparency and accountability, continues to ensure high profitability in the Company’s operations and the leading position in the market.
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Viva (Viva Armenia CJSC) is a leading company in the field of information and communication technologies in Armenia, with the most extensive networks and a diverse range of telecommunications services and digital solutions available across the country. Committed to best serving its customers’ interests, Viva has rapidly built a nationwide network and a large subscriber base since its establishment on July 1, 2005. The company operates in compliance with ISO 26000 (International Standard for Social Responsibility) and ISO/IEC 27001:2013 (Information Security Management System) standards. For more information, visit www.viva.am
