DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/c96e7d/peru_telecoms_m) has announced the addition of the "Peru - Telecoms, Mobile, Broadband and Forecasts" report to their offering.
Peru is one of the most promising telecom markets in Latin America. This annual report provides a comprehensive overview of trends and developments in Peru's fixed-line, mobile, broadband, and pay-TV sectors.
Peru's Telecom Market Attracts Investors
Thanks to liberal telecom regulations and one of the highest GDP growth rates in Latin America, Peru's telecom sector is a profitable investment target. The country's economic expansion has made it a star performer in Latin America, but problems persist. GDP per capita is still far lower than the regional average, inequality is high, and the indigenous populations live in abysmal conditions.
In 2010, Peru's telecom sector grew 13%, generating revenues of US$4.5 billion, and sales are likely to reach more than US$4.9 billion in 2011. Between 2011 and 2016, we see the market expanding at a Compound Annual Growth Rate (CAGR) of 6.5%.
The fastest growing telecom markets are mobile, broadband, and pay TV. Mobile broadband, in particular, has enormous growth potential in Peru, where it is able to fulfil a need that the fixed infrastructure has been unable to satisfy. While mobile subscribers have passed the 100% penetration milestone, fixed teledensity is only 10%.
Market Highlights:
- Telefnica del Per has adopted the group's mobile brand name, Movistar, to market all of its fixed-line services - including pay TV, which has been re-branded from Cable Mgico to Movistar TV.
- Telmex Per and Claro Per, previously sister companies, have been consolidated at the shareholder level and use the same brand name, Claro, for all services - whether fixed or mobile.
- Movistar's fixed lines in service are shrinking while Claro's are posting double-digit growth rates.
- Mobile penetration has crossed the 100% milestone.
- Mobile market growth is driven by postpaid customers, mobile broadband, and smartphones.
- Vietnam's Viettel is entering the Peruvian mobile market and has plans to invest US$250 million in a fibre-optic network.
- Virgin Mobile aims to launch Mobile Virtual Network Operator (MVNO) services in Peru.
- Perusat, a subsidiary of ChinaTel, is rolling out a nationwide WiMAX (LTE-Ready) network.
Companies Mentioned:
- Claro Per (Amrica Mvil)
- Movistar Per (Telefnica Mviles Per)
- Nextel del Per (NII Holdings)
- Viettel Peru
For more information visit http://www.researchandmarkets.com/research/c96e7d/peru_telecoms_m.