ArmInfo. Revenue in the communication sector of Armenia in January-October 2020 amounted to 118.2 billion drams, having decreased by 3.1% in y-o-y terms (against growth by 1.1% a year earlier). According to the RA Statistical Committee, the dominant telecommunications segment (90.7%) provided revenues of 107.1 billion drams, accelerating the y-o-y decline from 2.6% to 2.8%.
According to statistics, in October 2020 alone the total revenue of the communications sector increased by 7.3% - to 13 billion drams. The telecommunications segment provided revenue of 11.9 billion drams in October, with an increase of 8.3% over the reporting month.
In October 2020 versus October 2019, the revenue of the communications sector showed an increase of 4.3%, with an increase in the revenue of the telecommunications segment by 6.5%. To note for comparison that in January-October 2019 the revenue of the communications sector of Armenia made 121.9 billion drams, of which 110.3 billion drams are from the telecommunications segment.
