Armenian telecom firm Telecom Armenia experienced a 5.5% growth in mobile communication revenue to $9.4m in Q2 2024.

Armenian telecom firm Telecom Armenia (Team Telecom Armenia) reported a 5.5% growth in mobile communication revenue to 4.89bn Armenian Drams ($9.4m) in Q2 2024. The company's mobile subscribers increased by 1.5% to 1,051,679, while fixed-line services revenue rose by 5.2% to 3.93bn AMD. The firm's high-speed optical fiber network construction has seen a rise in subscribers reconnecting to its fixed internet service.

August 23, 2024
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