Weekly review of main events in Azerbaijan’s ICT sector

ICT 23 January 2022 13:57 (UTC +04:00)

BAKU, Azerbaijan, Jan. 23

By Sadraddin Aghjayev - Trend:

The information has been spread this week that Azerbaijan and Turkey will hold a joint digital transformation forum at the end of 2022.

The forum is aimed at involving the private sector in projects in the field of digital transformation, expanding cooperation in the B2B (business-to-business) and B2G (business-to-state) formats.

Russia will introduce digital technologies in the economic sphere in working with Azerbaijani partners. The parties plan to develop electronic commerce, information, and communication technologies.

The transition of enterprises and organizations to remote work and requirements for self-isolation over the past two years have led to accelerated digitalization in both the public and private sectors.

The Central Bank of Azerbaijan (CBA) and the Azerbaijan Banks Association have blocked the betting payment method on the websites of gambling and sports sweepstakes by using bank cards issued in Azerbaijan, CBA said this week.

The CBA has already sent the appropriate recommendations to the Azerbaijani banks regarding the ban on betting payment at bookmakers and online casinos by using bank cards.

The cost of manufactured computers, electronic and optical products, as well as electronic equipment increased by 0.9 percent (2.1 million manat $1.2 million) in Azerbaijan in 2021 compared to 2020. The retail trade turnover of these products amounted to 439.7 million manat ($258.6 million) in 2021, which is by 21.6 percent more than in 2020.

The average download speed for mobile and broadband internet reached 29.06 Mbps in Azerbaijan in December 2021 (an increase of 2.95 percent compared to November) and 17.24 Mbps (an increase of 4.67 percent) respectively.

The download speed of data on fixed broadband internet increased by 0.77 Mbps compared to November 2021 while the outgoing speed was 18.26 Mbps (an increase of 5.3 percent compared to November or 0.92 Mbps).

According to Ookla, Azerbaijan ranked 63rd among 138 countries in December 2021 in terms of data download speed via mobile internet and 121st among 178 countries in terms of data transfer speed via broadband internet.


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