Rostelecom may sell the Armenian telecom operator GNC-Alfa to Cyprus Fedilco Group Limited for $40 million, said Boris Demirkhanyan, Deputy Director of GNC-Alfa. Parties have already received approval for the deal from the Armenian Public Services Regulatory Commission. Russian company has already tried to sell GNC-Alfa in 2022. At that time, the Armenian CROW allowed Tashir Group owner Samvel Karapetyan and his partner to buy GNC-Alfa, but the deal never took place.