Bank Of Baku

Azerbaijan earned €700 million from communications sector

Azerbaijan earned €700 million from communications sector
# 17 April 2009 16:24 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Azerbaijan invested €200 million in the communications sector last year, said Rahim Huseynov, President of Azerbaijan Export and Investment Foundation (AzPromo).

He said the IT sector is the second priority in the country after the oil sector.

According to him, there are 4 mobile operators with more than 6 million subscribers in the country.

In his words, the country earned €700 million from the communications sector in 2008.
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