A study by Pyramid Research says that the telecommunications market in 2011 generated revenues of $2,400 million.
Of the total, 69% ($1,600 million) corresponds to the mobile phone business and the rest is divided between internet, cable television and fixed telephony services.
"Guatemala is one of the countries with the fastest growth of mobile telephone use, the number of lines increased from 64,194 in 1997 to over 18.5 million in June 2011 with an average of 127 lines per100 inhabitants due to market privatization and the arrival of 2 new operators in the market", reported Elperiodico.com.gt.
Telephony revenue increased 10.5% between 2008 and 2009; the sector represents 6.5% of GDP and 8.3% of tax revenue.
According to reports published by Pyramid Research, the telephone market in Guatemala generated revenue of $ 2.1 billion in 2009, of which $ 1.37 billion (66%) were generated by mobile services.
The numbers also show the remarkable growth experienced by mobile operators in recent years: 4.5 million mobile lines in 2005 to 17.3 million in 2009, meaning there are now 126 phones per 100 inhabitants.
The Costa Rican telco market will grow by up to 136% over the next five years as a result of its opening up to new companies.
Of this growth, 79% is expected to be in pre-paid cell phone products, according to a report from Pyramid Research titled, "Costa Rica: Liberalization Will More Than Double Mobile Subscribers by 2015".
According to a report by prnewswire.com Jose Magana, Senior Analyst at Pyramid Research, is of the opinion that, "mobile penetration of the population closed at 52 percent in 2009, one of the lowest rates in Latin America and not consistent with the income level of the population".
The telecommunications market in Guatemala will grow at a compound rate of 5% over the next 5 years, reaching $2.800 million in 2014.
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.
A study predicts that 3G will cover 30% of the Honduran telecommunications market by 2014.
A study by Pyramid Research, published by TMCnet.com, examined the current state of the 3G sector and found it covers only 2% of the telecommunications market in Honduras in 2009 and makes a 5-year projection predicting a growth of 5%.
The article indicated that the analyst and co-author of the report, Jose Magana, said: "Mobile penetration, which ended close to 87% for 2008, will advance by 109% for 2014. Currently, 3G subscriptions represent less than 2% of the total, but Pyramid anticipates that it will be more than 30% by 2014."