Thursday, March 5 2020 19:20
Alina Hovhannisyan

In Armenia, the growth in revenue of the communications sector by  February 2020 almost reached stagnation

In Armenia, the growth in revenue of the communications sector by  February 2020 almost reached stagnation

ArmInfo. Revenues of the communication sector of Armenia in January 2020 amounted to 11.8 billion drams, slowing y-o-y growth to 0.8% from 1.8% a year earlier.  According to the Statistical Committee of the Republic of Armenia, of  the total revenue, the lion's share was provided by the  telecommunications sector - 89.2% or 10.6 billion drams, with an  annual decline of 1.6% (against the decline of 2.5% a year earlier).

To note for comparison that in January 2019 revenues of the  communication sector of Armenia amounted to 11.7 billion drams. Of  the total proceeds, 10.7 billion drams came from the  telecommunications sector.