Monday, May 11 2020 18:44
Alina Hovhannisyan

Armenia`s communications sphere declines

Armenia`s communications sphere declines

ArmInfo. Revenues of the communication sphere of Armenia in the first quarter of 2020 amounted to 34.8 billion drams ($ 72.2 million), decreasing by 1.2% year on  year, against the 2.3% growth a year earlier.

According to the RA Statcommittee, the lion's share was provided by the  telecommunications sector - 90.2% or 31.4 billion drams, with an  annual decline of 2%.  According to statistics, only for March 2020.  The total revenue of the communications sector amounted to 11.6  billion drams ($ 24.8 million), an increase of 1.6%. The  telecommunications sector provided revenue of 10.5 billion drams, an  increase of 1.2% in March.

As a comparison, we note that the revenue of the communication sphere  of Armenia in the I quarter of 2019. amounted to 35.2 billion drams,  of which 32 billion drams fell to the telecommunications sector.