In Jan-Oct 2016 revenues of communication sector of Armenia dropped by 8.8% versus Jan-Oct 2015

ArmInfo. In Jan-Oct 2016,  the revenues of the communication sector of Armenia amounted to 126.9  bln AMD (down 8.8% versus Jan-Oct 2015). According to the National  Statistical Service of Armenia, telecommunications secured 95% of the  total revenues, or 120.3 bln AMD (down 8.7% versus Jan-Oct 2015).

The source says that in Oct 2016 the total revenues of the  communication sector grew by 0.6% to 12.4 bln AMD. Telecommunications  secured 11.6 bln AMD (up 6.8% versus Sept 2016). As compared to Oct  2015, the revenues of communication fell by 11.5% (12.1% decline in  telecommunications).

For comparison, in Jan-Oct 2015 the revenues of the communication  sector of Armenia totaled 140.4 bln AMD, with the share of  telecommunications being 133.1 bln AMD.