4G Spectrum Allocation in Ecuador - Market Anticipated to Grow at a CAGR of 2.4% from 2015 to Reach to $3.8bn in 2020
Ecuador's telecom and pay-TV market will generate $3.4bn in service revenue in 2015, a small increase from $3.3bn in 2014. With the ninth largest population in Latin America, Ecuador is home to the eight largest telecom services market in the region. Prevailing weaker consumer spending due tougher economic environment stemming from low oil prices, will result in a slight decrease in telecom revenue in 2016. We expect growth to resume in 2017 as oil prices and thus the economy progressively...
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