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Communications market grows 10%

18 Jul 2008

According to the annual report of the Georgian National Communications Commission (GNCC), sales in the country’s electronic communications market (telecoms, TV and radio) reached GEL1.1 billion (USD784 million) in 2007, up 10% year-on-year. The sector accounts for 6.6% of Georgia’s overall GDP, down from 7.5% in 2006. Cellcos earned 63.3% of overall revenues, ahead of fixed line telcos with 29.5% and TV and radio broadcasters with 7.2%.

Georgia

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