ArmInfo.Revenue in the communications sector of Armenia for 2020 amounted to 139.3 billion drams, having decreased by 5.4% on an annualized basis, against growth by 0.5% a year earlier.
According to the Statistical Committee of the Republic of Armenia, the telecommunications segment, dominant in the field of communications (90.7%), provided revenues of 126.4 billion drams, reducing it by 4.5% per annum, against a decline of 2.9% a year earlier.
According to statistics, only for December 2020. the total revenue of the communications sector increased by 6.5% - to 12.1 billion drams. Moreover, the telecommunications segment provided revenue of 11.1 billion drams with a 6.5% growth in December.
As a comparison, we note that in 2019, the revenue of the communications sector in Armenia amounted to 147.2 billion drams, of which 90% or 132.5 billion drams fell on the telecommunications segment.
