As of April 1 the communication services, including mail, had 372.8 million manats of total GDP revenues (+ 8.9% over the same period last year), the State Statistics Committee reported.
Traditionally, more than half (50.78%) of the services are rendered by three mobile operators, Azercell Telecom, Bakcell and Azerfon. In comparison with the first quarter of last year, their income in absolute terms decreased by 8.2% and they collectively earned 189.3 million AZN.
Specific weight of the private sector, including the mobile operators mentioned, in the total communication and mail system was 80.7%, with almost three-quarters (71.6%) of consumption by individuals, who paid out 266.9 million AZN. --17D-
Economics
-
The volume of cargo transported along the Trans-Caspian International Transport Route (TITR) surged by 62% in 2024, reaching 4.5 million tonnes, Kazakhstan’s Prime Minister Olzhas Bektenov said during talks with his Georgian counterpart Irakli Kobakhidze on Wednesday, according to the Kazakh government’s press service.
-
Azerbaijan’s Small and Medium Business Development Agency (KOBİA) held a Supervisory Board meeting on Monday, chaired by Economy Minister Mikayil Jabbarov, to review the agency’s 2024 performance and set priorities for 2025.
-
In January 2025, the average price of the consumer basket (CB) compiled by the Turan agency in Baku, which includes 30 types of essential domestically produced food products, increased by 0.3%.
-
Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
Leave a review