Chile Telecommunications Q4 2019
The mature Chilean market continues to evolve in line with our views. Given its status as a developed market for theregion, mobile operators focus on migrating customers to advanced services, 4G networks and post-paid subscriptions as saturationmakes organic growth hard to come by. Smaller players including virtual operators will keep competitive pressures on prices, whichhas manifested in falling ARPUs for majors. The wireline market continues to be characterised by the inevitable decline of voicesubscriptions, but uptake for fibre connections is strong, bringing returns to investment. This will encourage further networkrollout to underserved areas.
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