Telecom: Improvement in Revenue Forecast

After recording a slowdown in the revenue of companies in the sector in 2018, it is expected that this year in Costa Rica will begin a cycle of better sales and increased investment because of an increase in consumption of services.

Tuesday, August 20, 2019

During the last year, the revenues of the 152 operators and providers of telecommunications services in the country totaled about $1.422 million, an amount that is similar to that of 2017, since it is only 0.3% higher.

The almost zero growth in revenues could be related to the decrease in tariffs and the country's economic slowdown, according to explanations from the Superintendence of Telecommunications (Sutel).

You may be interested in "Which are the favorite Cell Phone brands in Central America?

Not everything is discouraging for the companies in the sector, since the situation could improve in the future. Gilles Maury, telecommunications specialist at Deloitte, told that in the future"... you would start to see strategies focused on retention and customer loyalty."

Competitors are expected to focus on deepening subscriber consumption with value-added services such as content downloads, interactive applications and online consumption of video games, video streaming and more.

The article reviews that "... The new platforms come from the hand of global firms, as was already seen in the case of Liberty (which bought Cabletica) and the acquisition of Telefonica Movistar's assets by Milicom, still pending approval. The new investment cycle will include the implementation of fiber optic and 5G networks, for which there will be spectrum bands available after the blackout of analog television, and the increase in Internet solutions of things and digital economy."

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