Wednesday, January 15 2020 19:04
Alina Hovhannisyan

Revenues of the communications sector of Armenia for 11 months of  2019 increased by 0.9% per annum

Revenues of the communications sector of Armenia for 11 months of  2019 increased by 0.9% per annum

ArmInfo.Revenues of the communication field of Armenia in January-November 2019 amounted to 134.3 billion drams, having increased in y-o-y terms by 0.9% (against  growth by 0.8% a year earlier). According to the RA Statistical  Committee, the telecommunications segment, which dominates the  communications sector (90.2%), provided revenue of 121.1 billion  drams, having reduced it by 2.6% per annum (against the growth by  0.5% a year earlier).

According to statistical data, in November 2019 alone the total  revenue of the communications sector decreased by 1.7% to 12.3  billion drams. The telecommunications segment provided revenue of  10.9 billion drams in November, having decreased by 3.1% over the  month.

In November 2019 versus November 2018, the revenue of the  communications sector showed a decline of 0.9%, while the revenue of  the telecommunications segment decreased by 2.7%.

To note for comparison that in January-November 2018 revenues of the  communications sector of Armenia amounted to 133.2 billion drams, of  which 124.6 billion drams accounted for the telecommunications  segment.