Armenia`s communications sector revenue in Q1 2022 increased by 6.8%

ArmInfo. Armenia's communications sector revenue in Q1 2022 reached 6.8% growth from 2.4% decline a year earlier, exceeding 36 billion drams. At the same  time, the upward trend of the dominant (91.8%) telecommunications  sector accelerated the pace from 0.3% to 7.1%, with a revenue of 33  billion drams. This is evidenced by the data of the RA Statistical  Committee.

Communications revenue in March 2022 alone increased by 8.3% - up to  12.5 billion drams. Moreover, the telecommunications sector reached a  7.3% growth over the month with revenue of 11.4 billion drams.  As a  comparison, we note that the revenue of the communications sector of  Armenia in Q1 2021 amounted to 33.7 billion drams, of which 30.9  billion drams were provided by the telecommunications sector