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Revenues of Azerbaijan’s mobile communication market fall

Economy Materials 15 August 2016 11:00 (UTC +04:00)
The revenues from mobile communication services in Azerbaijan stood at 467.2 million manats in Jan.-July 2016, or 7.5 percent less than in Jan.-July 2015 (505.2 million manats)

Baku, Azerbaijan, Aug. 15

By Huseyn Veliyev – Trend:

The revenues from mobile communication services in Azerbaijan stood at 467.2 million manats in Jan.-July 2016, or 7.5 percent less than in Jan.-July 2015 (505.2 million manats), the country’s State Statistics Committee reported.

The official exchange rate as of August 15 is 1.6102 AZN/USD.

The volume of information and communication services rendered to the population and organizations of the country increased by 12.5 percent in the first seven months of 2016, as compared to Jan.-July 2015 and stood at 955.7 million manats, according to the committee.

As much as 81.9 percent of revenues to the sector account for non-government enterprises. Of the total volume of information and communication services, 72.1 percent accounted for the services rendered to the population. This is while 48.9 percent of the total volume of revenues accounted for mobile communication services.

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