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.
