Azerkosmos earns $21.2 million for 1st half of 2019


July 23, Fineko/abc.az. Azerkosmos earned $21.2 million in the 1st half of this year by rendering telecommunications and optical satellite services in 20 countries. This figure exceeds the 2018 same term’s indicator by 47%.

Earnings are expected to reach $45 million by the end of 2019.

90% of the income received from the export of satellite services. The main countries of export of services are the U.S., France, Malaysia, Great Britain, Germany and the UAE.

In general, contracts with new clients from 9 countries were signed in the 1st half of the year. The audience of more than 150 TV & radio channels broadcast via satellites exceeds 20 million people.