Peru Telecommunications Report Q1 2015

Business Monitor International
November 26, 2014
106 Pages - SKU: BMI5392076
Countries covered: Peru

Peru Telecommunications Report Q1 2015

BMI View: Peru has the potential to be one of the most dynamic markets in Latin America over the nextfive years, with increased levels of competition across multiple sectors spurring rapid growth. In the mobilesector, new entrant Viettel officially launched services this quarter, adding a new player to a marketdominated by Telefónica. Entel (Nextel) has pledged investment of USD1.2bn over the next few years as itaims to become a competitive force. Furthermore, regional MVNO Virgin Mobile is also eyeing up Peru forits next market launch. In the wireline sector, the entrance of DirecTV and TV Azteca over the next twoyears could also help to shake up competition dynamics. While Peru currently trails many of its regionalpeers for telecoms penetration, its large market size is attracting foreign investment and should help toencourage rapid growth.

Key Data

The mobile market contracted in terms of subscriptions in 2013, down 1.9% to 29.173mn, but theunderlying trend of moderate growth remains in-tact, with the net loss specifically derived from inactiveprepaid subscription discounting.



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