Major Barriers of Peruvian Telecom Market Growth Discussed by BuddeComm in Its Topical Report Recently Added at MarketPublishers.com12 Jan 2017 • by Natalie Aster
LONDON – Today, Peru nears the completion of the national fibre-optic backbone project. Fixed-line density in the country is the lowest in the South Aerican region, it stands at around 9.8%. Major challenges of the fixed-line sector growth include fixed-to-mobile substitution, widespread poverty, expensive telephone services and also geographical inaccessibility in the lowland Amazon jungles and the rugged Andean mountains.
Nevertheless, the Peruvian government continues to take measures to address various shortcomings through ambitious investment projects, which are supposed to extend telecom infrastructure and services to underserved regions.
Telefónica del Perú takes lead in the country’s telephony market though subscriber base of this company has fallen during the past several quarters. América Móvil’s Claro holds the second place in the country’s telephony market; the company’s share is increasing steadily (in the mid-2016 it was around 21%). The third place is held by Americatel Peru.
Broadband subscriber penetration in Peru is currently standing at approximately 7%, this figure is considerably lower than the Latin American average. This is explained by socio-economic barriers as well as rugged topography that has made the expansion of fixed-line infrastructure in some areas difficult. Moreover, the key problem is seen in the lack of market competition, which makes broadband services in Peru amid the slowest and most expensive in the region.
By the end of 2016, the mobile penetration in Peru went beyond 113%, at the same time, about a fifth part of the country’s population has no mobile phone at all, whilst many Peruvians especially in urban areas have multiple mobile subscriptions.
Topical report “Peru - Telecoms, Mobile, Broadband and Digital Media - Statistics and Analyses” elaborated by BuddeComm is a reliable source of top-level data on the performance of the Peruvian telecom industry. It touches upon the key problems and challenges of the country’s telecom industry, covers all important aspects, reviews major growth restraints and opportunities, discusses key trends. The study explores the national telecom infrastructure and uncovers profiles of the top fixed-line operators. The report uncovers not only the historical and current industry performance estimates, but also presents forecasts for the Peruvian telecom industry development up to 2021.
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