At Board Meeting of Ministry of Communications on Results of January-September

In January-September, the sector of information and communication technologies of Azerbaijan was invested 209.8 million manats, of which 61.2 million AZN regarded entities and structural units of the Ministry of Communications and High Technologies.

According to the ministry's Board meeting on the results of the first three quarters, so the amount of investment exceeded last year's index 2.2 times.

Total revenues of the ICT sector by October 1 amounted to 1 billion 280.9 million manats (+ 9.6% compared with the same period last year) with weight of 2.1% in the total GDP and 3% in the non-oil sector. At the same time 80.1% of the revenue was received in the segment of private businesses, mostly mobile telecom operators. --17D-

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