Bank Of Baku

Number of mobile communication subscribers to rise 33% in Azerbaijan in the coming 4 years

Number of mobile communication subscribers to rise 33% in Azerbaijan in the coming 4 years
# 25 October 2011 08:30 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Number of mobile communication subscribers is expected to reach 9.720 mln by year-end. This indicator has been reflected in draft budget -2012, submitted to the Parliament.

Draft budget notes that this indicator is expected to hit 10.906 mln in 2012, 11.505 mln in 2013, 12.115 mln in 2014 and 12.891 mln in 2015. As it seen, after 4 years, the number of mobile communication subscribers is forecasted to increase by 32.6% compared to 2011. Average annual growth rate of is expected to be equal to 8.2%.
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