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Caribbean - Telecoms, Mobile and Broadband - Market Insights and Statistics

Caribbean - Telecoms, Mobile and Broadband - Market Insights and Statistics

Consolidation strengthens regional players struggling for revenue growth

The telecoms sector in the Caribbean sector remains one of the region’s major growth industries, particularly in the mobile telephony and data sectors. The two main telcos in the region are Cable & Wireless Communications, operating services under the LIME brand, and Digicel. Along with Bermuda-based KeyTech, these operators have spearheaded consolidation in the region through a number of acquisitions. This has been aimed at strengthening their presence across a wider number of markets, as also diversifying their offerings. Digicel in particular has emerged from its mobile-centric platform offering to include pay-TV services through acquiring a number of small cable TV operators and ISPs providing IPTV. For its part, CWC’s recent acquisition of Columbus International represents a continuation of existing collaborations on network assets in the region. The deal provides CWC with greater reach through subsea cable infrastructure which extends to many more markets in the Caribbean, with links to both North and South America.

The countries covered in this are principally dependent on tourism for revenue, and as such their economies can be affected by economic difficulties experienced within the principal client states (the US notably, as also some European countries from where most tourists to the region are derived).

Other than tourism, countries in the region have some small-scale primary industries, to a greater or lesser degree based on fisheries, bauxite and other minerals, and timber. Given the paucity of a manufacturing base, the telecoms sector accounts for a larger proportion of GDP than may be found elsewhere, at between 4% and 6%. Growth in telecoms revenue is expected to be low into 2015, at perhaps 1-2%. Further competition anticipated later in 2015 and in 2016 as a result of new mobile licences, will place additional pressure on pricing and so further dampen the potential for growth among the key regional telcos.

Key developments:

Trinidad and Tobago open an IXP;
Digicel T&T launches FttP services;
MNP in T&T launched in February 2015;
UTS sells loss-making subsidiaries in Suriname and Saint Kitts & Nevis;
Caribbean Research and Education Network (CaribNET) network delivers connectivity to international research stations;
KeyTech acquires TeleCayman and BOTCAT Holdings;
Digicel switches on HSPA in the BVI, providing 95% coverage;
CWC invests $30 million in Cayman Island infrastructure;
ECTEL updates schedule on release of 700MHz spectrum;
CWC reduces ownership of BTC to 49%;
BTC issue of third mobile licence delayed to at least 2018;
Legislative amendments extend jurisdiction of the Barbadian telecom regulator to include mobile services;
Bermuda’s KeyTech acquires Cablevisión;
Bermuda Telephone Company acquired by Digicel;
CWC acquires Columbus International; regulatory developments.

Companies mentioned in this report:

Cable & Wireless, LIME, Digicel, Orange Caraïbes, United Telecommunications Services (UTS), KeyTech.


  • EXECUTIVE SUMMARY
  • REGIONAL OVERVIEW
    • TELECOMMUNICATIONS MARKET
      • Table Caribbean GDP - 2003 - 2015
    • REGULATORY ENVIRONMENT
      • Organisation of Eastern Caribbean States (OECS)
      • Eastern Caribbean Telecommunications Authority (ECTEL)
      • Telecom sector liberalisation
      • Caribbean Association of National Telecommunication Organisations (CANTO)
    • MAJOR TELECOM OPERATORS IN THE CARIBBEAN
      • LIME (Cable & Wireless)
        • Table LIME financial data (Caribbean) - 2010 - 2015
        • Table LIME revenue by sector - 2010 - 2014
      • Digicel
        • Table Digicel Group financial data - 2010 - 2013
    • TELECOMMUNICATIONS INFRASTRUCTURE
      • Submarine cable systems
    • BROADBAND MARKET
      • Overview
        • Table Internet users and penetration rate in Caribbean countries - Jun 2014
    • MOBILE COMMUNICATIONS
      • Overview of mobile markets in the Caribbean
      • Satellite mobile
  • ANGUILLA
    • Table Country data Anguilla - 2015 (e)
    • Table Anguilla communications sector revenue - 2008 - 2016
  • ANTIGUA AND BARBUDA
    • Table Country data Antigua and Barbuda - 2015 (e)
    • Table Antigua and Barbuda fixed-line broadband subscribers - 2005 - 2015
    • Table Antigua and Barbuda fixed-telephony lines in service - 2005 - 2015
    • MOBILE MARKET
      • Table Antigua and Barbuda mobile subscribers - 2001 - 2015
  • ARUBA
    • Table Country data Aruba - 2014 (e)
  • BAHAMAS
    • Table Country data Bahamas - 2015 (e)
    • MOBILE
      • Second and third mobile licenses
    • INTERNET
    • SUBMARINE CABLES
  • BARBADOS
    • Table Country data Barbados - 2015 (e)
    • MARKET BACKGROUND
    • MOBILE
    • INTERNET
  • BERMUDA
    • Table Country data Bermuda - 2015 (e)
    • MARKET BACKGROUND
      • Table KeyTech Group financial data - 2010 - 2014
    • MOBILE
    • INTERNET
    • SMART GRIDS
  • BRITISH VIRGIN ISLANDS
    • Table Country data British Virgin Islands - 2015 (e)
    • MOBILE SERVICES
  • CAYMAN ISLANDS
    • Table Country data Cayman Islands - 2015 (e)
    • Table Cayman Island subscribers by service - 2005 - 2014
    • Table Cayman Island penetration by service - 2005 - 2014
    • Table Cayman Island telecom and broadcasting revenue - 2008 - 2014
    • MOBILE NETWORKS:
  • DOMINICA
    • Table Country data Dominica - 2015 (e)
    • Table Dominica communications sector revenue - 2008 - 2015
  • GRENADA
    • Table Country data Grenada - 2015 (e)
    • Table Grenada communications sector revenue - 2008 - 2016
  • GUADELOUPE
    • Table Country data Guadeloupe - 2015 (e)
  • MARTINIQUE
    • Table Country data Martinique - 2015 (e)
  • MONTSERRAT
    • Table Country data Montserrat - 2015 (e)
    • Table Montserrat communications sector revenue - 2008 - 2016
  • (THE FORMER) NETHERLANDS ANTILLES
    • Table Country data Netherlands Antilles - 2015 (e)
  • ST KITTS AND NEVIS
    • Table Country data St Kitts and Nevis - 2015 (e)
    • Table St Kitts and Nevis communications sector revenue - 2008 - 2016
  • ST LUCIA
    • Table Country data St Lucia - 2015 (e)
    • Table St Lucia communications sector revenue - 2008 - 2016
    • MOBILE
  • ST VINCENT AND THE GRENADINES
    • Table Country data St Vincent and the Grenadines - 2015 (e)
    • Table St Vincent and the Grenadines communications sector revenue - 2008 - 2016
  • TRINIDAD AND TOBAGO
    • Table Country data Trinidad and Tobago - 2015 (e)
    • Table Trinidad and Tobago telecom revenue by service - 2013 - 2014
    • Table Trinidad and Tobago telecom subscribers by service - 2010 - 2014
    • FIXED-LINE
    • MOBILE
  • TURKS AND CAICOS
    • Table Country data Turks and Caicos - 2015 (e)
  • UNITED STATES VIRGIN ISLANDS
    • Table Country data United States Virgin Islands - 2015 (e)

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