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Venezuela - Telecom Market Trends, Key Statistics and Regulatory Overview


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Venezuela - Telecom Market Trends, Key Statistics and Regulatory Overview

With economic slowdown and galloping inflation, the general outlook for 2013 is not promising. Nevertheless, the country's telecom market is expected to grow by about 10%, led by 3G including both mobile broadband and phone based internet browsing and satellite-based pay TV services.

Despite continued growth in the number of fixed lines, Venezuela's fixed-line revenues account for a shrinking portion of total telecom revenues, while the share of mobile, internet, and pay TV revenues has been rising. A number of private operators compete in all telecom sectors, but CANTV, the country's state-owned telecom incumbent, dominates the fixed, mobile, and broadband markets.

The three main telcos CANTV, Movistar, and Digitel have announced ambitious investment plans for 2013, largely aimed at improving their networks and installing new technology (including FttH and LTE).

This report provides an overview of Venezuela's telecom market and regulatory environment, accompanied by statistical data, analyses, and outlook.

Key developments:

Venezuela's GDP per capita is the third highest in South America after Chile and Uruguay; fixed-line teledensity has been increasing at a faster pace than any other Latin American country; driven by Twitter and Facebook, smartphone penetration is one of the highest in the region; report includes regulator's market data to December 2013, market developments to April 2014.


1. Synopsis
2. Key statistics
3. Country overview
3.1 Outlook
4. Telecommunications market
4.1 Overview of Venezuela's telecom market
4.2 Market analysis
5. Regulatory environment
5.1 Regulatory authority
5.1.1 Telecom Ministry
5.1.2 Conatel
6. Related reports
Table 1 Country statistics 2013
Table 2 Telephone network statistics 2013
Table 3 Internet user statistics 2013
Table 4 Broadband statistics 2013
Table 5 Mobile statistics 2013
Table 6 National telecommunications authority
Table 7 Evolution of GDP in Venezuela 2000 - 2014
Table 8 Fixed and mobile market share 1998 - 2013
Table 9 Telecom revenues and investments 2001 - 2013
Table 10 Telecom revenue as a percentage of GDP 2001 - 2013
Table 11 Telecom revenues by segment 2008 - 2012
Chart 1 Fixed and mobile subscribers in Venezuela 1998 - 2013
Chart 2 Evolution of revenues and investments 2001 - 2013
Chart 3 Telecom revenue breakdown at a glance 2012
Exhibit 1 Map of Venezuela

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