Monday, April 12 2021 20:31
Alina Hovhannisyan

Revenue of the Armenian communications sector in January-February  2021 sank by 4.7% per annum

Revenue of the Armenian communications sector in January-February  2021 sank by 4.7% per annum

ArmInfo.Revenue of the Armenian communications sector in January-February 2021. It amounted to 21.8 billion drams ($41.7 million), which decreased by 4.7% per  annum (against 0.5% growth a year earlier). According to the RA  Statistical Committee, the lion's share of the total revenue received  was provided by the telecommunications sector-91.7% or 20 billion  rdrams, with the decline accelerating to 2.6% from 0.6% in the same  period a year earlier.

According to statistics, in February 2021 alone, the total revenue of  the communications sector amounted to 10.8 billion rubles. AMD, which  decreased by 2.1% over the month. At the same time, the  telecommunications sector provided revenue of 9.9 billion drams in  rebruary, demonstrating a monthly decline of 1.8%.

As a comparison, we note that in January-February 2020, the revenue  of the Armenian communications sector amounted to 23.2 billion drams.   Of the total revenue received, 20.9 billion drams were allocated to  the telecommunications sector.