Telecom Market Guatemala: $2.8 Billion in 2014
The telecommunications market in Guatemala will grow at a compound rate of 5% over the next 5 years, reaching $2.800 million in 2014.
Friday, September 11, 2009
Revenues for this market were $1.9 billion in 2009, out of which 62% was generated by the mobile segment, according to a recent study by Pyramid Research. This segment would grow at a 13.7% annual rate over the next 5 years and "though messaging will remain the main source of revenue, connectivity will gain more than 10 percentage points of total revenue fueled by mobile Internet and mobile broadband", states a press release in Reuters.com.
Telephony revenue increased 10.5% between 2008 and 2009; the sector represents 6.5% of GDP and 8.3% of tax revenue.
The entrance into the market by Digicel and Claro in 2009 has caused cellular telephony prices to fall and increased competition in promotions and special offers.
A study forecasts that Nicaragua’s mobile telephony market will grow up to $655 million in 2015.
A study by Pyramid Research says that the telecommunications market in 2011 generated revenues of $2,400 million.
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