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Venezuela - Telecom Market Trends, Key Statistics and Regulatory Overview

Venezuela - Telecom Market Trends, Key Statistics and Regulatory Overview

With economic slowdown, high inflation and falling prices for the country's key export commodity, the general outlook for 2015 is not promising. Nevertheless, the country's telecom market is expected to grow steadily, led by 3G and LTE services as well as by satellite-based pay TV services and the nascent IPTV sector.

Growth in the number of fixed lines has fallen sharply in recent years, to only 0.4% in the first half of 2014, and fixed-line revenue now account for a shrinking portion of total telecom revenue. In line with consumer trends in the use of services, the share of mobile, internet, and pay TV revenues has been rising. A number of private operators compete in all telecom sectors, but the country's state-owned telecom incumbent CANTV dominates the fixed, mobile, and broadband markets.

Along with the main competitors Movistar and Digitel, all operators have ambitious investment plans, largely aimed at improving their networks and expanding the reach and capabilities of new technologies including FttP and LTE.

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

Key developments:

Falling GDP and lower revenue from oil exports are placing a strain on consumer spend and the government's ability to invest in telecom infrastructure programs; 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 update includes regulator's market data to June 2014, recent market developments.

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.. Telecom Ministry
5.1.. Conatel
6. Related reports
Tabl. . Country statistic. 2014 (e)
Tabl. . Telephone network statistic. 2014 (Jun)
Tabl. . Internet user statistic. 2014 (e)
Tabl. . Broadband statistic. 2014 (e)
Tabl. . Mobile statistic. 2014 (e)
Tabl. . National telecommunications authority
Tabl. . Evolution of GDP in Venezuel. 2000 - 2014
Tabl. . Historic - Fixed and mobile market share of subscriber. 1998 - 2004
Tabl. . Fixed and mobile market share of subscriber. 2005 - 2014
Tabl. 1. Telecom revenues and investment. 2001 - 2014
Tabl. 1. Telecom revenue as a percentage of GD. 2001 - 2014
Tabl. 1. Telecom revenues by segmen. 2008 - 2012
Tabl. 1. Telecom revenue share by segmen. 2012; 2014
Chart . Evolution of revenues and investment. 2001 - 2014
Exhibi. . Map of Venezuela

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