Monday, August 5 2024 18:39

ArmInfo. The revenue  of Armenia's communications sector in the first half of 2024 amounted to 81.4 billion drams ($205.6 million), showing an annual growth rate increase from 4.7% to 5%. This information is supported by data from the RA Statistics Committee, according to which in June of the same year, the total revenue of the communications sector was 13.9 billion Armenian drams, with a month-on-month growth of 1%.

Out of the total revenue received, the telecommunications sector contributes the most, accounting for 92.6% or 75.4 billion drams ($190.5 million), with an increase in annual growth from 4.6% to 6.1%.  Within the telecommunications sector, the primary sources of revenue are  Internet accessibility, making up 52.6% or 39.7 billion drams (with an annual growth of 9.7%) and mobile communications accounting for 26.3% or 19.9 billion drams (with an annual decline of 1.5%).

For comparison, we should note that in the first half of 2023, the revenue of the communications sector in Armenia amounted to 77.5 billion drams, with 91.7% or 71.1 billion drams coming from the telecommunications sector.