During the first three months of 2019, Central American countries imported cell phones for $329 million, 27% more than what was reported in the same period of 2018.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAPHIC caption="Click to interact with the graphic"]
Imports of cell phones have grown by 10% over the past 5 years, going from $57 million in 2010 to $63 million in 2015.
Figures provided by the Business Intelligence unit at CentralAmericaData.com show that imports of cell phones measured in tons increased from 342 to 455 between 2010 and 2015. According to the Foreign Trade report by the Central Bank of Nicaragua,"... this product occupies first place in imports of durable consumer goods".
In two years the number of mobile phone users has increased by 41%, with a clear preference for prepaid plans.
The cellular market in Nicaragua has shown strong growth over the past seven years, going from 1,617,319 mobile users in the country to nearly 7 million in 2013.
The massive and growing use of mobile devices is hitting businesses hard, generating great opportunity and great risks.
A report from RSA (The Security of Business Innovation Council), once again brings to the forefront the growth of mobile phone use in businesses for both internal management and to communicate with customers and consumers.
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.
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