DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/r67t99/venezuela_teleco) has announced the addition of the "Venezuela - Telecom Market Trends, Key Statistics and Regulatory Overview" report to their offering.
Substantial improvements in Venezuela's telecom infrastructure have made service availability relatively high compared with the rest of Latin America. The country's telecom market is expected to grow by at least 10% in 2012, led by 3G including both mobile broadband and phone based internet browsing.
The outlook for 2013, however, is less promising. Venezuela's petroleum-dependent economy leaves it vulnerable to sudden booms and busts tied to the global oil market, and oil prices are on the way down. After the October 2012 general elections, an economic slowdown is probable, and this would temporarily put a break on telecom market growth.
Despite a sustained increase in the number of fixed lines in service, Venezuela's fixed-line revenues account for a shrinking portion of total telecom revenues, while the share of mobile, internet, and pay TV revenues has been rising. A number of private operators compete in all telecom sectors, but CANTV, the country's state-owned telecom incumbent, dominates the fixed, mobile, and broadband markets.
This report provides an overview of Venezuela's telecom market and regulatory environment, accompanied by statistical data, analyses, and outlook.
Key Developments:
Venezuela's fixed-line teledensity has been increasing at a faster pace than any other Latin American country; telecom revenue as a percentage of GDP has shrunk in the past few years; internet sales (including fixed and mobile broadband) are the fastest growing telecom revenues; driven by Twitter and Facebook, smartphone penetration in Venezuela is one of the highest in the region.
Key Topics Covered:
1. Synopsis
2. Key statistics
3. Country overview
3.1 Outlook
4. Telecommunications market
4.1 Overview of Venezuela's telecom market
4.2 Market analysis - 2012
5. Regulatory environment
5.1 Regulatory authority
5.1.1 Telecom Ministry
5.1.2 Conatel
For more information visit http://www.researchandmarkets.com/research/r67t99/venezuela_teleco