Caribbean Telecommunications Report Q4 2014

Business Monitor International
October 22, 2014
193 Pages - SKU: BMI5361504
Countries covered: Cayman Islands

Caribbean Telecommunications Report Q4 2014

BMI View: Investment opportunities are emerging all over the Caribbean, with many markets drawingattention from potential new players. In the Bahamas, BTC is under threat from new player from the end ofits monopoly licence and is keen to enter the underdeveloped Haitian telecoms sector to offset the newcompetitive threat. Four players including Cable & Wireless Communications, Star Mobile Caribbean,Columbus Communications and Suriname's state-owned Telesur have all shown interest in acquiring alicence in Trinidad & Tobago after the regulator solicited bids during the auction of new spectrum. We'vealso highlighted Cuba as a market of to watch, as there are signs it is transitioning to a more developedlevel. Although any progress will be gradual and likely fall short of market liberalisation. Despite the smallsize of the islands, regulatory regimes are generally positive and strong connections to submarine cableshighlight the potential for broadband internet growth over our forecast period. We expect interest in theregion to continue to grow, with plenty of opportunities for interested players.

Key Data:

Cayman Islands has the highest mobile penetration at over 160%, while Cuba's penetration rate remainedbelow 20%.

In Cuba, internet users reached 2.92mn users in 2013, representing around 26.1% of the population,according to the Oficina Nacional de Estadísticas (ONE).



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