"Peru Telecommunications Report Q1 2016" Published

From: Fast Market Research, Inc.
Published: Fri Oct 30 2015

The Peruvian telecoms industry has strong potential for growth, despite the effective duopoly of Telefonica's Movistar and Telmex's Claro. The two companies took nearly 95% of the mobiles market in Q215, Telefonica leads the broadband and pay-TV sector and both offer triple-play packages rivals cannot compete with. However, with 4G auctions and Virgin Mobile, AT&T and Falabella prospectively the first MVNOs in H215, competition is set to intensify and push down prices for end users. BMI supports the view that Azteca's Fibre Optic Backbone Network, set to be completed in March 2016 will significantly boost broadband coverage, although mobile broadband will continue to be a key growth area. Despite telecoms penetrations lagging behind many other countries in the region, the market is innovative with mobile banking and OTT TV launching. Due to Peru's size, stronger long-term growth can be achieved if infrastructural problems and piracy are overcome.

Full Report Details at
- http://www.fastmr.com/prod/1062448_peru_telecommunications.aspx?afid=301

Key Data

Mobile subscriptions rose to 31.5mn in 2014 with strong net additions of 1.4mn. This followed a decline of 1.9% in 2013 with penetration falling to 96%, although this will return to over 100% in 2015. The decline was a one-off event due to a change in Claro's churn policy, with more stable growth forecast towards 37mn in 2019.

Nearly 18% of the market take 3G services and this is set to grow to near a third of subscribers by 2019. 4G connections reached 2mn by May 2015, with 700,000 additions from end-2014. The big three operators offer 4G, but Claro leads the way with 1mn subscribers.

Internet users continue to rise, up 9% to 8.7mn in 2014 but the country's geography limits expansion of infrastructure. Fixed line penetration has struggled to remain over 10% so there is great potential for mobile broadband services across the country. Just 29% of Internet users will take fixed line broadband in 2019.

The Peru Telecommunications Report features BMI Research's independent industry forecasts on the future strength of Peru's ICT market, covering the fixed-line, mobile and internet segments and analyses latest regulatory developments and corporate news, including investment activity, mergers and acquisitions, joint ventures and partnerships. Leading operators and manufacturers are fully profiled, highlighting their quarterly financial performance, capital expenditure plans and latest contracts.

BMI's Peru Telecommunications Report provides industry professionals and researchers, operators, equipment suppliers and vendors, corporate and financial services analysts and regulatory bodies with independent forecasts and competitive intelligence on the telecoms industry in Peru.

Key Benefits

* Benchmark BMI's independent telecoms industry forecasts for Peru to test other views - a key input for successful budgeting and strategic business planning in the Peruvian telecoms market.

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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