ArmInfo. The revenue of Armenia's communications sector for the 11 months of 2024 slowed in annual growth from 5.3% to 3.1%, totaling152.2 billion AMD. According to data from the RA Statistics Committee, in November alone, revenue dropped by 2.4%, reaching 14.2 billion AMD. In the first 11 months of 2024, the telecommunications sector contributed the majority of the total revenue, accounting for 92.6% or 141.1 billion AMDs, a 4% increase from the previous year. However, in November alone, the revenue of the telecommunications sector decreased by 2.2%, totaling 13 billion AMD. For comparison, in January-November 2023, the revenue of the communications sector of Armenia amounted to 147 billion AMD, with the telecommunications sector providing 91.8% or 134.9 billion AMD.
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