Viva Acquires Ovio to Advance Digital Convergence and Strengthen Product Leadership

“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. Our strategic advantage lies in digital convergence. We are consistently building an ecosystem in which mobile communications, fixed internet, television, cloud, content, and other digital services operate as a seamless whole. Establishing and developing our own fixed network infrastructure will enable Viva to significantly strengthen not only its infrastructure capabilities but also its product leadership by ensuring maximum diversification of its product portfolio and delivering a new level of customer experience," said Armen Avetisian, General Director of Viva.

“The acquisition of Ovio is of long-term strategic importance to Viva and fully aligns with the Company's strategy of digital transformation, business diversification, and strengthening technological leadership. Our strategic advantage is digital convergence. We are consistently building an ecosystem in which mobile communications, fixed Internet, television, cloud, content, and other digital services operate as a single integrated whole. The establishment of an own fixed-line infrastructure will significantly strengthen not only Viva's infrastructure capabilities but also its product leadership by ensuring maximum diversification of our portfolio and delivering a new level of customer experience,” said Armen Avetisian, General Director of Viva.

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. Unified network management will enable faster service provisioning for residential and business customers, more efficient development of base station infrastructure, and accelerated deployment of next-generation communications technologies.

The transaction is also of strategic importance for Armenia's telecommunications resilience. Expanding and diversifying international Internet traffic routes will strengthen the country's connectivity with the global digital infrastructure and improve the reliability and resilience of communications, including during periods of increased network load and emergency situations.

Ovio subscribers will continue to receive services under their existing terms and conditions. Viva will ensure uninterrupted service delivery, maintain the quality of communications, and continue enhancing the customer experience within the integrated infrastructure.