Colombia Telecoms and Pay-TV Services Markets Continue to Show Resiliency Despite Economic Headwinds - Market Revenue Will Expand at a CAGR of 2.9% to Reach US$9.1bn in 2
Among major currencies in the region, the Colombian peso, together with the Brazilian real, sharply depreciated during 2015. Largely as a result of the depreciation, Pyramid Research expects the Colombian telecom services market to decrease by over 21% in 2015 in US dollar terms, one of the highest revenue contractions in Latin America. Colombia will remain home to the fifth largest telecom services sector in Latin America, behind the regions giants, Brazil and Mexico, and less populous but higher income...
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