Armenia`s communications sector experienced accelerated  growth in  2024

ArmInfo. Armenia's communications sector experienced a slight acceleration in growth in  2024, increasing from 2.5% to 2.8% and generating revenue of 167 billion drams.

According to  data from the RA Statistics Committee,  in December 2024 alone, the communications sector achieved a growth  rate of 3.7%, with revenue totaling 14.7 billion drams.  The dominant  telecommunications segment within the communications sector (92.5%)  generated a total of 154.5 billion drams, slowing in growth from 5.5%  to 3.7%. In December 2024, the revenue from the telecommunications  segment increased saw a 3%  increase, reaching 13.4 billion drams.   For comparison,  in 2023, the revenue of Armenia's communications  sector amounted to 161.7 billion drams, with 91.7% or 148.3 billion  drams coming from the telecommunications segment.