Nicaragua's Telecommunications Market

From 2009 to date, the local market has grown by 37% to around $700 and $800 million per year, distributed between Claro, Movistar and Yota.

Friday, November 8, 2013

Currently there are 287,618 landlines, 4.8 million cell phone lines and 143,000 Internet connections in the country.

In 2009, Robert Sanson, CEO of Claro Nicaragua said the market turned over about $500 million annually. At that time there were 245 thousand fixed lines, 3.1 million cell phone lines and 102,000 internet connections, this means that growth in the last five years was 37.3%.

Despite this, Nicaragua is still "the most backward country in the region in terms of communication technology, according to the ranking report entitled Global Information Technology 2012 released by the World Economic Forum (WEF), Nicaragua ranked 131 of 142 countries around the world ... ", reported Elnuevodiario.com.ni.

With the exception of Panama and Costa Rica, the region continues to lag behind in terms of connectivity. This is because the infrastructure is expensive and scarce, and there is a weak business climate.



More on this topic

Telephone Companies Invest $500 million in Nicaragua

August 2011

In the past five years, private telecommunication companies have invested $500 million in the country.

Orlando Castillo, executive chairman of the Nicaraguan Institute of Telecommunications and Post Offices, Telcor, said in an interview with a local television station, that the investment has been mainly used to expand mobile phone services.

Telecoms and Internet in Nicaragua

August 2010

The industry is characterized by low levels of market penetration in Nicaragua with little competition and huge future growth potential.

An article in Ecommerce Journal analyzes the recent development of Nicaragua's telecommunications market. It highlights the issue of the poorly executed privatization and the resulting fixed-line monoply as being a cause for concern.

Yota Ready to Operate in Nicaragua

February 2010

Internet via WIMAX will be available in June, reported company executives.

Yota’s other service in Nicaragua, basic wireless telephony, will be available before the end of 2010.

The company has already installed 26 out of 35 stations it plans to develop in the city of Managua, explained Olga Fedoseeva, Vice Manager at Yota. In terms of area coverage, they now reach 80% of the city’s area, explained Fedoseeva.

Yota Nicaragua Awarded Fixed Telephony Contract

September 2009

The subsidiary of Russian state company Rostejnologuii will invest $50 million, looking to double the number of fixed telephony users.

3 other companies participated in the bidding process: Claro, Movistar and Amnet Newcom.

Orlando Castillo, executive president of the Nicaraguan Institute of Telecommunications (Telcor), explained that "...

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