French mobile network provider Orange announced it has bought a license to operate in Armenia as well as to offer GSM and 3G services. Orange invested more than €51 million in the initiative, Le Revenu reported Tuesday.

The project is planned to be officially launched in the upcoming months, after Armenian authorities analyse the regulations behind the license and the frequencies Orange intends to use.

The provider said it would be supplying “efficient” and “innovative” services to the Armenian market, which has a “strong potential” for evolution, according to Le Revenu.