Market Research Reports, Inc. has announced the addition of “Uruguay - Telecoms, Mobile, Broadband and Forecasts” research report to their offering.
Lewes, DE -- (SBWIRE) -- 12/19/2013 -- Uruguay’s GDP per capita was one of the highest performing in the region during 2010 and 2011. It has since slowed to a more moderate 3.5%, a level expected to continue into 2014 and 2015. The country is among the more politically stable in Latin America, is relatively free from corruption and is not prone to the natural disasters which affect other countries in the region, particularly in the Caribbean. The government has been supportive of business, and has pursued prudent macroeconomic policies which have been sympathetic to investment. Transparent regulations, growing domestic consumption, high living standards, and a cheap labour force are expected to continue drawing international capital.
Bar a few Caribbean islands, Uruguay enjoys the highest broadband penetration in Latin America, the second highest fixed-line teledensity after Costa Rica, and the second highest mobile penetration after Panama. With high literacy rates and widespread computer availability, Uruguay is one of the world’s leading software exporters and South America’s outsourcing hub. In terms of computer penetration, Uruguay tops all other countries in the region by a considerable margin.
Uruguay is one of the very few Latin American countries where the local fixed-line market is neither privatised nor liberalised. Antel, the state-owned incumbent, has a monopoly in the provision of local telephony and fixed broadband services. Other segments of the telecom market have been opened to competition, including international long-distance telephony, mobile telephony, and fixed-wireless broadband.
Uruguay is also one of the few countries in the world where broadband access via cable modem does not exist. Although cable networks are well equipped technologically, and digital cable TV is widely available, telecom law prohibits data transmission over pay TV networks. There are ongoing discussions over the need to change regulations and permit TV cables to carry data. Cable broadband would help strengthen the pay TV market, make triple-play solutions more widely available, and give customers the freedom to
Antel’s Fibre-to-the-Home (FttH) program is by far the most ambitious broadband effort in Latin America. Together with the FttH network, the opening of a new submarine cable system (Bicentenario) in early 2012 has helped boost Uruguay’s internet download speed. International bandwidth tripled as a result of the cable landing.
Antel was also one of the first companies in the region to launch commercial LTE services. The LTE network supplements FttH broadband in areas where the latter is not available. It is intended that the entire population will have access to either LTE, FttH, or both technologies.
Three players compete in the Uruguayan mobile market: Antel, Telefónica’s Movistar, and América Móvil’s Claro. Antel is the mobile market leader, followed by Movistar.
All three mobile operators offer mobile broadband as well as 3G services. Mobile broadband is the fastest growing telecom sector by far. Operators have achieved nationwide UMTS coverage, attracting a growing number of subscribers outside of Montevideo. An estimated 30% of the population have opted for mobile broadband, and the number of subscribers is soaring.
To see more about this report, please visit: Uruguay - Telecoms, Mobile, Broadband and Forecasts
Browse more country telecom reports at http://www.marketresearchreports.com/country-overview-telecom
About Market Research Reports, Inc.
Market Research Reports, Inc. is the world's leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.
For regular industry updates subscribe to our newsletter at: http://www.marketresearchreports.com/subscribe-to-newsletter
Follow us on Vimeo : http://vimeo.com/marketresearchreports
Copyright © 2005-2014 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)