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Armenian telecom companies boost revenue in 2006

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  • Armenian telecom companies boost revenue in 2006

    Interfax News Agency
    Russia & CIS Business and Financial Newswire
    February 1, 2007 Thursday 1:48 PM MSK

    Armenian telecom companies boost revenue in 2006



    Telecommunication companies in Armenia posted revenue of 126.16
    billion dram in 2006, up 36.9%, the National Statistics Service told
    Interfax.

    Revenue from the sale of telecom services to the population surged
    52.4% to 538.5 million dram.

    Revenue increased 7% to 36.07 billion dram for fixed-line services
    and 89.5% to 63 billion for mobile phone services. Revenue from
    postal and delivery services amounted to 2.52 billion, data transfer
    revenue totaled 3.76 billion and TV and radio broadcasting revenue
    was 2.93 billion dram.

    The official exchange rate on January 31 stood at 360.07 dram/$1.
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