Central America Telecommunications Report Q1 2015

Business Monitor International
November 19, 2014
126 Pages - SKU: BMI5388581
Countries covered: Central America

Central America Telecommunications Report Q1 2015

BMI View: Rise of number porting services and high penetration rates across Central America show thatthe local population is embracing the competition and keen to switch for a better deal. BMI believes thatdue to the strong competition it will be more difficult for new entrants, such as Xinewei, to penetrate themarket as they would have to undercut the local providers. Mobile forecasts show much slower growthacross the board, with only Nicaragua offering any real growth potential. Thus companies are investingheavily into 3G and 4G networks to boost mobile data use. The future for telecoms operators lies in theexpansion of content and encouraging consumers to use their mobile connections for a growing range oflifestyle needs. Regional market leader Tigo has been most active in launching its range of mobile financialservices (MFS), which are seeing rapid take up.

Key Data

Number porting in Panama has increased 37.4% in 2014, this shows that the population in Panama areincreasingly more willing to take advantage of better available deals as they switch operators.



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