ECONOMY


Azerkosmos increases export of satellite and telecom services by 19 percent

Baku, June 30, AZERTAC

Over January-May, 2020, Azerkosmos OJSC delivered services (satellite and telecom services) worth $19.1 million to 26 countries, which is 19 percent higher compared to the same period last year, according to the June edition of the “Export Review” magazine published by the Center for Analysis of Economic Reforms & Communications.

Azerkosmos` revenues from export of services for the reported term made up 90% of its total revenues, the company said.

The leading countries that use resources of Azеrkosmos are the UK, the US, France, Malaysia and the UAE.

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