Tuesday, September 7 2021 11:38
Alina Hovhannisyan

In Jan-July 2021,  revenue of communications sector of Armenia  increased by 5.1% per annum

In Jan-July 2021,  revenue of communications sector of Armenia  increased by 5.1% per annum

ArmInfo. Revenue in the communications sector of Armenia in January-July 2021 in comparison with the same period of 2020,  grew by 5.1% (against 4.5% decline a  year earlier), amounting to 83.6 billion drams. This is evidenced by  the data of the RA Statistical Committee.

According to statistics, the dominating 90.4% of the total revenue  was provided by the telecommunications sector - 75.6 billion drams,  with a y-o-y growth of 5.3% (against 4.4% decline a year earlier).

Moreover, for July 2021 alone, the total revenue of the  communications sector decreased by 0.9% - to 12.6 billion drams. Of  these, 11.5 billion drams, with a monthly growth of 4.4%, were  provided by the telecommunications sector.

As a comparison, we note that in January-July 2020, the revenue of  the communications sector of Armenia amounted to 80.7 billion drams,  of which 90.4% or 73 billion drams was provided by the  telecommunications sector.