Armenia`s communications revenue slowed in growth

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.