ArmInfo. In 2016, the revenues of the communication sector of Armenia amounted to 152bln AMD (down 9.5% versus 6.3% in 2015). According to the National Statistical Service of Armenia, telecommunications secured 94.2% of the total revenues, or 143bln AMD (down 21.5% versus 6.7% in 2015).
The source says that in Dec 2016 the total revenues of the communication sector grew by 6.1% to 12.8bln AMD. Telecommunications secured 11.3bln AMD (growth by 0.8%). As compared to Dec 2015, the revenues of communication fell by 17.9% (21.5% decline in telecommunications).
For comparison, in Jan-Dec 2015 the revenues of the communication sector of Armenia totaled 169.4bln AMD, with the share of telecommunications being 160.2 bln AMD.