Azerbaijan’s revenue from ICT sector reaches $8 bln during past 5 years

Azerbaijan’s revenue from ICT sector reaches $8 bln during past 5 years
# 01 July 2013 09:15 (UTC +04:00)

Baku. Nijat Mustafayev – APA-Economics. Azerbaijan’s ICT sector doubles in every three years. During last decade, annual growth rate on the ICT sector made 20-25%, said the annual report of Ministry of Communication and Information Technologies.

The report says that the incomes from ICT sector rose 17.3% to $ 1.9 bln. In general, the revenues during past 5 years made $ 7.7 bln. In 2012, more than $410 mln was invested in ICT sector.

Along with this, 70% of population was internet users, 50% - broadband internet users. 93% of country’s territory was covered by digital TV broadcasting.

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