Argentina Offers Huge Potential for Telecommunication Services Growth, Says MarketLine in Its In-Demand Report Available at MarketPublishers.com
26 Sep 2017 • by Natalie Aster
LONDON – Argentina offers a huge potential for subscription growth, however falling voice ARPS and high churn rates remain a challenge.
Today, the mobile sector takes lead in the Argentinian telecommunication market, with rising data revenues exceeding the fall in voice revenues. Meantime, high mobile sector specific taxation will cause operators to bear the cost or pass it on to the customer.
The mobile subscription in Argentina grew from around 58.3 million in 2012 to appr. 64.1 million in 2016, witnessing steady growth at a 2.4% CAGR. In 2016, the mobile subscriber penetration was nearly 70.2%. Through 2021, it is predicted to raise to 72.1 million and the penetration level will likely reach 70.6%, majorly owing to higher adoption of mobile phones in the country.
As for 4G adoption, Argentina is amid the fastest growing markets in the Latin American region. The 3G and 4G penetration in the country is anticipated to amount to nearly 55% by the year 2021.
Rising investments by telecom operators, especially in mobile network expansion, are likely to give a boost to the Argentinian telecommunications market growth in the short run. America Movil, Telefonica and Telecom Personal have announced plans to invest around USD 2.7 billion, USD 2.6 billion and USD 2.1 billion respectively by the year 2020.
In-demand research study “Argentina - Telecommunication Services: A challenging market (Strategy, Performance and Risk Analysis)” drawn up by MarketLine offers a comprehensive market analysis covering industry risks and rewards, top development trends, major factors influencing the market dynamics, competitive landscape and recent industry developments. Besides, this report comprises SWOT analysis, provides benchmarking of the Argentinian telecommunication industry performance indicators with different regional and global markets, reviews the top players and their prominent initiatives, discloses relevant statistics and presents future forecasts for the country’s telecommunication services development through 2021.
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