Revenue from communications services in Armenia up 24% in 2007

Russia & CIS Business and Financial Newswire
February 1, 2008 Friday 12:51 PM MSK

Revenue from communications services in Armenia up 24% in 2007

YEREVAN Feb 1

Revenue at communications enterprises in Armenia increased 23.8% in
2007 to 152.3105 billion dram, the National Statistics Service said
in a report published on Thursday.

Revenue from telecommunications services increased 24.2% to 150.1922
billion dram, of which revenue from fixed line services declined 0.8%
to 53.5844 billion but increased 46.7% for mobile communications to
87.8898 billion dram.

Revenue increased 16.3% to 4.8815 billion dram for data transmission
and Internet services, was up 13.2% to 3.1484 billion dram for radio
and TV broadcasting, up 0.4% to 2.1183 billion dram for postal and
telegraph services, but down 7.9% to 644.5 million dram for other
services.