El Salvador Telecom Marketplace Discussed in Pyramid Research Report Available at MarketPublishers.com21 Mar 2016 • by Natalie Aster
LONDON – As of 2015, revenue of the Salvadorian market for telecom and pay-TV services stood at more than USD 1.09 billion or 4.5 percent of GDP. This market is the third smallest market in Latin America, with Bolivia and Nicaragua being in the second and third position, respectively. The total telecom service revenue is forecast to grow at a CAGR of around 1.38 percent in the upcoming years to amount to USD 1.2 billion in 2020.
In late 2015, mobile subscriptions in the country hit the 9.2 million mark. They are expected to continue growing at a relatively low rate of 1.2 percent over the period 2015-2020 to reach 9.7 million in 2020. This growth will be mainly encouraged by first-time subscribers attracted by mobile operators.
The local mobile marketplace is considerably competitive, there are five operators being present in the market. Any of the operators holds a share of more than 35 percent of subscriptions. Tigo is the number one mobile network operator, with Claro and Digicel lagging behind.
Commercial launch has not yet taken place in the country, making El Salvador one of few Latin American countries where it has not happened yet.
Local broadband lines amounted to more than 361,900 at year-end 2015. El Salvador is amongst the few countries in Latin America that do not have a national broadband plan in place. Broadband lines in the country are expected to grow at a CAGR of 9.3 percent over the period 2015-2020.
In 2015, the pay-TV marketplace in the country generated more than USD 70.28 million in service revenue, an increase by more than USD 6 million from 2014.
New research report “El Salvador: Operators Focus on 3G Development as Uncertainty Around the Allocation of 4G Spectrum Continues” developed by Pyramid Research offers a comprehensive guide to the telecommunications market in El Salvador. The study provides a 360-degree view of the marketplace. It sheds light on the regulatory environment, demand trends and service evolution. The report explores the competitive landscape and profiles major players in this marketplace. A thorough analysis of each market segment and data on opportunities this market has are also available in the research study.
El Salvador: Operators Focus on 3G Development as Uncertainty Around the Allocation of 4G Spectrum Continues
Published: March, 2016
Price: US$ 995.00
More new studies by our market research partner are available at Pyramid Research page.