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Revenues from mobile services increase in Azerbaijan

ICT Materials 14 September 2020 23:58 (UTC +04:00)
Revenues from mobile services increase in Azerbaijan

BAKU, Azerbaijan, Sept. 14

By Zeyni Jafarov - Trend:

The revenues from mobile communication services in Azerbaijan totaled roughly 595 million manat ($350 million) from January through August 2020, Trend reports citing the report of the State Statistical Committee.

According to the committee, during the reporting period, the volume of revenues from mobile services in the country increased by 2.7 percent compared to the same period of last year. The revenues of the mobile communications sector made up 42.1 percent of the total revenues of the telecommunications market.

Over the first eight months of this year, information and communication enterprises collected 1.4 billion manat ($823.5 million).

At the same time, the cost of information and communication services increased by 1.1 percent year on year.

The volume of mobile operators’ revenues in Azerbaijan from January through July 2020 amounted to 517.3 million manat ($304.3 million).

(1 USD = 1.7 manat Sept. 14)

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Follow the author on Twitter: @jafarov_zeyni

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