Chile - Mobile Market - Insights, Statistics and Analysis
Chile's mobile penetration is one of the highest in South America, and as a result growth has slowed considerably. Movistar and Entel are the market leaders, compete neck-and-neck with about 37% share each, while Claro accounts for about 22% market share with the half-dozen MVNOs taking the remaining 2%.
Mobile number portability has helped to increase competition and reduce prices, while the entry of MVNOs has also served to reduce prices for consumers. Of the MVNOs, Falabella Movil and Virgin Mobile are the two largest, while Nextel Chile was sold in mid-2014 by NII Holdings.
Claro launched Chile's first LTE network in June 2013, soon joined by Movistar and Entel as competitors.
The sale of smartphones in increasing rapidly, driven by the popularity of social media and improved 3G and LTE coverage, as well as by the reduction in the price of devices.
This report provides an overview of the mobile market in Chile, including and a profile of mobile operators and key MVNOs, market statistics and market analyses. It also contains scenario forecasts for the years 2015 and 2020.
Nextel Chile sold again, to Novator Partners, and rebrands as WOM; Spanish bank BBVA launches a mobile wallet solution; regulator begins 700MHz spectrum allocation process; MTRs set to fall 73% over five years; regulator negotiates reduced roaming charges with Argentina and Peru; Entel launches LTE services; Chile's Tower Act helps promote MVNOs and infrastructure sharing; regulator bans the sale of carrier-locked handsets, orders operators to unlock devices free of charge; VTR closes down its wireless network to become solely an MVNO; Claro expands LTE service; telcos' financial and operating data to Q1 2015; regulator's market data updates; recent market developments.