French Telecom Boss Pledges Support For Armenian IT Sector

14, November 2005
Armenia Liberty
By Emil Danielyan

The ethnic Armenian chairman of Alcatel, the world’s leading telecom equipment supplier, pledged to assist in the development of information technology in Armenia on Saturday as he was honored by the country’s government.
[...]
Tchuruk was received [...] an honorary doctor’s degree from the Armenian National Academy of Sciences. Its president, Fadey Sargsian, praised his “great contribution” to Armenia’s telecommunications and information technology (IT) sectors.

Kocharian and Markarian also heaped praise on the French citizen of Armenian extraction. [...].

However, the Alcatel boss appears to have fallen short of making specific investment pledges. [...].
[...]
A prominent member of France’s influential Armenian community, Tchuruk has developed a reputation of one of the world’s most efficient business executives. He is widely credited with minimizing Alcatel’s losses resulting from recent years’ slump in the global telecom industry. Alcatel is currently the world's largest seller of telecom gear.

Tchuruk had previously managed France’s Total oil group and Orkem chemical giant.

Note: Above are excerpts from the article. The full article appears here. Clarifications and comments by me are contained in {}. Deletions are marked by [...]. The bold emphasis is mine.