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title: Armenia denies reports of Viva stake sale - Developing Telecoms
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 [Regulation](https://developingtelecoms.com/telecom-business/telecom-regulation.html)## Armenia denies reports of Viva stake sale

 

 

   Details    Manny Pham    Category: [Regulation](https://developingtelecoms.com/telecom-business/telecom-regulation.html)     08 August 2025     9780 views   

 

  ![Armenia denies reports of Viva stake sale](https://developingtelecoms.com/images/stories/Places/800x600/Yerevan_Ararat_600.jpg)  

 

The Armenian government has dismissed media claims that it authorised the sale of its 20% stake in Viva.

According to News.am, a cabinet meeting held yesterday (August 7) approved the signing of a contract with another Viva shareholder, Fedlico Group, to preserve Fedlico’s right to request that the company purchase its shares.

Earlier reports suggested the government had agreed to sell its 20% stake to Cyprus-based Fedlico Group for US$50 million. Fedlico, which last year acquired 100% of MTS Armenia, had previously transferred its 20% holding in Viva to the Armenian government as part of that transaction, according to Radio Free Europe.

 

 

   
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