54,2% GROWTH REPORTED IN ARMENIA’S ICT SECTOR SALES VOLUMES IN Q1 2011

PanARMENIAN.Net
May 3, 2011 – 10:25 AMT

Communication and IT (ICT) sector proceeds grossed AMD 45,6 bln in
the first quarter of 2011 in Armenia, dropping by 0,6% against last
year’s index.

According to the National Statistical Service of Armenia, production
in the sector of technologies and telecommunications yielded AMD 355
million decreasing by 3.3% compared with 2010 results. Sales volumes
of communication and IT sector amounted AMD 5,7 billion in the first
quarter of 2011, increasing by 54% compared with the same period
in 2010.

Over January-March 2011, proceeds from telecommunication and IT
services totaled AMD 39,6 billion, decreasing by 4,9% against 2010
results.

From: A. Papazian