Azerbaijan is still a high level of mobile phones per capita. According to the Ministry of Communications and High-Tech, for every 100 people there are 108 mobile phone users in the country. In addition, each a hundred people on average have 17.1 fixed telephones.
As stated in the annual report of the structure, the total investment in the development of ICT telecommunications and mail accounted for 354 900 000 manats as of January 1 (annual growth of 3.7 times), of which 189 million manats fell on the public sector (an increase of almost 5 times).
Recall that in the GDP there is a 2% share of communication. In the past year across the country there were commissioned 124 new telecom exchanges and there were laid fiber optic cables with a total length of 575.5 km. --17D-
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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