Telecom & IT

Telecommunications sector in Azerbaijan is the second largest recipient of foreign investment after oil industry. The largest FDI stock is in mobile telephony followed by foreign landline operating companies, internet providers and cable TV companies. Foreign capital inflow into the telecommunications industry is in the form of joint ventures with entities subordinate to the Ministry of Communication and High Technologies which acts both as a partner and a supervising authority.

Telecom is one of leading sectors contributing to economic growth. In 2013, the sector grew by 14%. Further development of the legal framework towards telecom market liberalization has provided substantial business opportunities for foreign companies. There are four mobile operators in the country: Azercell , Bakcell, Azerfon and Catel. As of June 2014, there are 11 million cell phone subscribers in Azerbaijan. 73% of the population is Internet and 55% is broadband users.

Establishment of regional innovation zones (techno-parks) with a strong research component that will promote innovation entrepreneurship as well as production and export of electronic equipment and software is one of the sector’s medium-term goals.

Establishment of regional innovation zones (techno-parks) with a strong research component that will promote innovation entrepreneurship as well as production and export of electronic equipment and software is one of the sector’s medium-term goals.

The Government sees development of the space industry as part of its broader plans to transform Azerbaijan’s information communications technologies sector into a highly-competitive industry. Azerbaijan is the first country in the South Caucasus to launch a 16-transponder satellite in 2013 in partnership with a US-based contractor Orbital Sciences Corporation TThe satellite will include intra-governmental mobile telephone communications, television, radio and internet broadcast capabilities and will be accessible in Europe as well as Central and South-East Asia.

Azerbaijan is also one of co-sponsors of the UN resolution on Building connectivity through the Trans-Eurasian Information Super Highway (TASIM) aimed at promoting the development of ICT infrastructure and e-commerce throughout Eurasia

Ambassador diary

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