Monday, June 7 2021 20:57
Alina Hovhannisyan

Telecommunications sector revenue in Armenia grows

Telecommunications sector revenue in Armenia grows

ArmInfo. Revenue in the telecommunications sector of Armenia in January-April 2021 amounted to 45.2 billion drams ($ 86.2 million), having increased in annual  terms by 0.2% (against 2.8% decline a year earlier).

According to the RA Statistical Committee, the lion's share of the  total revenue is provided by the telecommunications sector - 91.4% or  41.3 billion drams, with a y-o-y growth of 1.4% (against a 3.1%  decline a year earlier).

According to statistics, in April 2021 alone, the total revenue of  the telecommunications sector amounted to 11.4 billion drams ($ 21.8  million), with a monthly decline of 4.5%. At the same time, the  telecommunications sector provided revenue of 10.3 billion drams in  April, having reduced this indicator for the month by 5.3%.