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Customer Appreciation Day - This Time at IDBank’s “Erebuni” BranchResults of the Junius Tournament Announced: The Next Round AheadUcom Expands International Roaming Capabilities"Urgently Confirm Your Card Details": IDBank Warns of Hotel Booking ScamsMher Ananyan joins Unibank's Management Board Ucom Supports the Launch of "Remember the Animals" Educational Game Moody’s changes the outlook on IDBank’s ratings to positive IDBank Introduces the New Mastercard World Card with Exclusive Travel Benefits and a Special Launch CampaignConverse Bank and Visa expand their strategic partnership to introduce new customer solutions Ucom and FPWC Ensure Round-the-Clock Wildlife Monitoring in Gnishik Through Solar Energy Idram and IDBank Support Startups at Seaside Startup SummitIt is now possible to register in Unibank’s mobile application through imID as well“Free In-Game Bonuses”: IDBank Warns About Cyberattacks Targeting SchoolchildrenMoody's affirms Converse Bank's ratings and changes outlook to positive from stableNew Achievements in Europe: "Armenian Virtuosos" Scholarship Recipients Embark on Educational Trips to Prestigious Music AcademiesRate.Trading Platform at Seaside Startup Summit: IDBank Introduces an Innovative SolutionKhachaturian Rooftop Grand Opening Supported by IDBankUcom’s Sales and Service Center Reopens at 24/2 Shahumyan Street in Ararat Scholarship recipients of the “Armenian Virtuosos” Program participated in the Järvi Academy and Pärnu Music Festival in Estonia, representing Armenia on the international stageUcom Supports the Installation of a 15 kW Solar Power Plant at the Vayk Sports School New Financial Skills at the Davidbek Games: Idram&IDBankCashIn Services at AraratBank ATMs: Fast, Simple, and SecureUcom Sales and Service Center Reopens at 3/47 Yerevanyan Street in Yeghvard Up to 25% idcoin when purchasing Flyone flight tickets: Idram&IDBank Converse Bank Named Armenia’s Best Digital Bank for Consumers by EuromoneyUcom and Microsoft Innovation Center Help School Students Build Cybersecurity Skills Ucom Supports Installation of 10 kW Solar Plant in Shenavan, Lori Unibank to Raffle a Trip to ItalyCustomer Appreciation Day in Vanadzor: IDBankHaik Kazazyan to Perform Khachaturian’s Violin Concerto at the Closing Concert of the Madeira Classical Orchestra’s 2025/2026 SeasonMy Forest Armenia is a beneficiary of the "Power of One Dram" initiative in July Become a Unibank shareholder and benefit from an attractive investment opportunityIDBank warns of scam calls impersonating pension fundsA little corner of France in Hrazdan, with the partnership of Converse SME Idram is the general partner of the "Towards Conscious Parenting 2026" annual conference Polytechnic University Graduation Ceremony Held with the Support of Unibank Converse Bank Completes the Placement of EBRD Bonds From Financial Adventures to Great Victories: The 4th Junius Financial Online Tournament Wrapped UpThe Power of One Dram and the Armenian State Symphony Orchestra Conclude the Forest Project Launched in Shirak EBRD to Launch AMD 5 Billion Floating-Rate Bond Offering in Armenia Three-day Financial Literacy Course at the FAST Foundation’s AI Camp: Idram&IDBank Coffee, a Break, and Up to 10% idcoin with Idram&IDBank Ucom Introduces the New uMix 5000 Regional Package: 3 Services for Just AMD 5,000 per Month "Monaco glamour, Vegas energy, Macau prestige - yet uniquely Armenian." Artak Tovmasyan on how Seven Visions is redefining world-class hospitality Travel Without Borders: Ucom Introduces New uTravel Packages Artur Nakhshikyan has joined the Supervisory Board of Unibank "Your smartphone is locked": IDBank warns of cyberextortion that turns your smartphone into a "brick" “From Classroom to Orbit”: With Ucom’s Support, “Space 1.0” Is Being Introduced in 15 Schools Across Armenia AraratBank Reports Growth in its SME Loan Portfolio in 2025 Converse Bank and ADB expand access to MSME and sustainable finance in Armenia
Socity

The Future of Armenia is Undoubtedly Digital and Green․ Gurgen Khachatryan

Children might perceive telecommunications as a mundane subject, involving intricate networks of slender wires, radio waves, and transmitters. However, this only scratches the surface of its vast complexities. My brother and I hold indelible memories from our school years, dashing through the corridors of the telephone exchange after school hours. This building housed a solitary, analog rack with blinking lights that occupied an entire floor. The most exhilarating aspect was undoubtedly the ability to facilitate people's conversations, albeit with the occasional misconnection and getting caught by our grandfather during our mischiefs. 

Today, we commemorate the World Telecommunication and Information Society Day, a day that celebrates our dedicated team at Ucom, industry experts, and my 92-year-old grandfather, Gurgen. Gurgen Tadevos Khachatryan, a veteran in the field, was among the first "communicators" in Soviet Armenia to attain the highest qualification. He led the Nairi regional communication hub for an impressive 25 consecutive years and is the only person in the field with a half-century of leadership experience. 

It was my grandpa Gurgen who inspired my brother and I to delve into the world of telecommunications, to establish our own company, and ultimately, to celebrate the milestone of our 10,000th subscriber at Ucom about a decade ago. Grandfather Gurgen is the catalyst for my desire to discuss, on this World Telecommunication Day, the responsibility we bear in constructing robust, future-proof networks and passing them down to ensuing generations. 

The transition from one generation to the next, from analog to digital, has resulted in the telecommunications of today and the future being vastly different in terms of technology, bandwidth, and scalability compared to the networks of pasts, with their nostalgic "switch" memories. Modern telecommunications, as a unified service provider, seamlessly connects infrastructures, corporations, systems, and smart devices, equipping them with data and artificial intelligence capabilities. However, how prepared are Armenian businesses for these transformations? According to our data, only a minuscule percentage of entrepreneurs seem ready[1]. And what about our urban infrastructure's readiness for a mobile future[2]

Today, nations with a keen focus on technological adaptation are witnessing exponential growth, while countries like ours are struggling with a comparatively slow pace of progress[3]. This is not just currently inadequate, but it also poses substantial challenges for the coming decade. 

The telecommunications industry, by necessity, requires digitization of operators and infrastructure to reap the financial benefits from investments in fifth-generation networks. For developing economies[4], particularly that of Armenia, digitization is crucial to prevent further widening of the chasm in business competitiveness that runs parallel with the evolution of contemporary technologies. 

We firmly believe that cutting-edge telecommunication infrastructures will stimulate economic growth and open up novel opportunities for both seasoned and aspiring entrepreneurs. Yesterday's announcement of the next phase of the Ucom-Ericsson partnership signifies the initiation of fifth-generation technological solutions with unparalleled technological and environmental support. It also marks the advent of our new green social responsibility strategy aimed at infrastructure and environmental protection. 

As a company founded on Armenian capital and steered by Armenian experts, we understand the cost of missed opportunities and the vital mission to empower the younger generation. Consequently, we extend an invitation for collaboration to all Armenian businesses that align with this vision and have faith in the digital future of our nation. However, our commitment goes beyond this. Moving forward, all new technologies from Ucom will be equally accessible in the capital city as well as the most secluded settlements of Armenia. We perceive it as our responsibility and mission to ensure the essential green "connection" for our compatriots in their respective localities. 

Lastly, Ucom embarks on a new stage of evolution under the proficient guidance and the vast experience within the telecommunications sector of CEO Ralph Yirikian. We are confident that the new strategy will yield exemplary outcomes and build a sustainable network for both Armenian entrepreneurs and all our compatriots, regardless of their location. At Ucom, we pride ourselves on our mastery of our craft. The best is yet to come.