The Armenian telecom market continues to attempt to put an effective national telecommunications service in place. Armenia’s telecom sector was slow to capitalise on the country’s steadily improving economic conditions, however by 2018 there had been considerable improvement in both the economy and the country’s telecom market.
The number of fixed lines Armenia peaked in 2008 and since then has steadily fallen, driven by strong growth in the mobile broadband segment. This trend is predicted to continue over the next five years to 2023.
Fixed-line broadband market penetration has grown moderately over the last five years, with penetration increasing from a very small base. Over the next five years to 2023 growth is expected to continue to grow moderately.
Growth has been relatively flat in the mobile market over the past five years. Mobile subscriber growth is expected to remain fairly flat over the next five years to 2023.