ArmInfo.Revenues of the communications sector of Armenia for 2019 amounted to 147.2 billion drams, slowing y-o-y growth to stagnant 0.5% from 1% in 2018. According to the RA Statistical Committee, the telecommunications field, which dominates the communications sector (90%), provided revenues of 132.5 billion drams, having reduced it by 2.9% per annum, against the growth of 0.8% a year earlier. According to statistics, in December 2019 alone the total revenue of the communications sector increased by 5.1% to 13 billion drams.
Moreover, the telecommunications segment provided revenue of 11.3 billion drams with a 3.9% growth in December. In y-o-y terms (December 2019 versus December 2018), the revenue of the communications sector decreased by 3.7%, while a decrease was also recorded in the telecommunications segment - by 6.2%. To note for comparison, that in 2018 the revenue of the communications sector of Armenia amounted to 146.7 billion drams, of which 93.2% or 136.7 billion drams accounted for the telecommunications.
