Armenia telecoms industry blooms even in economic crisis

www.WirelessFederation.com/news: Even after severely hit by recession in a year of global financial and economic crisis, the telecommunications companies in Armenia generated revenues of AMD164.42 billion (USD434.69 million) last year.

The turnover generated by mobile operators reached AMD105.77 billion and fixed line service revenues totaled AMD40.34 billion while the revenues generated from internet services more than tripled last year, reaching AMD10.404 billion.