Telecom & Pay-TV Service Revenue Amount to USD 2.5 Billion in 2020 in Puerto Rico, Forecasts New Pyramid Research Report Available at MarketPublishers27 May 2016 • by Natalie Aster
LONDON – Puerto Rico can boast one of the most developed telecom markets amongst Latin America countries. Service penetration rates in this country are above the regional average, while technology adoption trends in Puerto Rico are highly influenced by the mainland US market.
The country’s telecom marketplace is forecast to show moderate growth in the offing given challenging economic context and growth expected to be seen in fixed data and mobile segment.
In 2015, the telecom and pay-TV service revenue amounted to USD 2.3 billion. It is set to grow at a CAGR of just under 2% in the years t o come to amount to USD 2.5 billion in 2025.
The local telecom marketplace has witnessed increasingly severe competition amongst player over the recent years. As a result, a number of M&As have taking place, thus leading to the reduction in the number of players in pay-TV and fixed segments.
At present, Claro dominates the Puerto Rico’s market. It generated around 35 percent of the total revenue of this marketplace in 2015.
As of 2015, there were approximately 3.2 million active mobile subscribers. The local mobile subscriber base is set to continue to expand at a CAGR of 0.8%.
A voice-line penetration of the population was over 24% in 2015, while the fixed broadband penetration almost reached 18% in the same year.
There were slightly over 694,000 pay-TV accounts in the same year, and this space is dominated by Global.
New research report “Puerto Rico: Amid Challenging Economic Conditions, MandA Activity Increases and Competition Intensifies” drawn up by Pyramid Research offers a comprehensive analysis of the telecom marketplace in Puerto Rico. The study provides a detailed overview of the regional context. It contains an insightful overview of this market.
The report investigates the regulatory environment and focuses on its trends. The research study contains a demand profile and discusses evolution of the service. It explores the competitive landscape in Puerto Rico.
Besides, the research report limelights performance of all segments of this market and outlines opportunities the marketplace has.
More new studies by this publisher are available at Pyramid Research page.