ArmInfo. Revenue in the communications sector of Armenia amounted to 105.1 billion drams by October 1, 2020, decreasing in y-o-y terms by 3.9% against 1.3% growth in the previous year.
According to the RA Statistical Committee, the telecommunications segment, which accounts for 90.5% of the total communication revenue, as in the previous year, also showed a 3.9% decline (versus a 2.6% decline a year earlier), with a revenue of 95.2% billion drams.
According to statistics, on September 2020 alone, the total revenue of the communications sector decreased by 0.3% - to 12.2 billion drams. Moreover, the telecommunications segment reduced its revenue in September by 0.4% - to 11 billion drams.
As a comparison, we note that in January-September 2019 the revenue of the communication sector in Armenia amounted to 109.4 billion drams, of which 99 billion drams were from the telecommunications segments.
