Latin America is a potential market with a population and GNP over 580 million and USD2.3 trillion respectively. Telecommunication industry has started reformation since 1980s and gradually realized privatization in Latin America. With the enhanced degree of privatization and economic recovery in Latin America, major telecom operators in this region (most of them are multinational corporations) have expanded investment since 2005.
Growth rate of mobile phone in Latin America exceeded 10% in 2010, however, the rates varied from country to country. As of 2010, penetration rate of mobile phone in Brazil and Argentina was 104% and 140% respectively, whereas that of Cuba was merely 10%.
Due to historical reasons, countries in Latin America used to be colonies of Spain and Portugal, and are mainly Spanish-speaking and Portuguese-speaking countries. Local telecom operators of Latin American countries are generally weak, America Mobil, Telefonica and Telecom Itlia, three major operators with Spanish and Portuguese background and strong capital strength, occupy more than 80% telecom market share in Latin America, wherein Telefonica is the largest operator in Latin America. Influenced by European market, GSM is the most used system in South America; meanwhile, CDMA system dominates the markets in Mexico and Caribbean area affected by US market.
Please Note: PDF E-mail from Publisher purchase option allows up to 10 users and does not allow printing or editing. This functionality will require a Global Site License.