Business Monitor International


Caribbean Telecommunications Report

Published 17 October 2014

  • 172 pages
 
$1,295.00
Caribbean Telecommunications Report

BMI View:   Investment opportunities are emerging all over the Caribbean, with many markets drawing attention from potential new players. In the Bahamas, BTC is under threat from new player from the end of its monopoly licence and is keen to enter the underdeveloped Haitian telecoms sector to offset the new competitive threat. Four players including Cable & Wireless Communications , Star Mobile Caribbean , Columbus Communications and Suriname's state-owned Telesur have all shown interest in acquiring a licence in Trinidad & Tobago after the regulator solicited bids during the auction of new spectrum. We've also highlighted Cuba as a market of to watch, as there are signs it is transitioning to a more developed level. Although any progress will be gradual and likely fall short of market liberalisation. Despite the small size of the islands, regulatory regimes are generally positive and strong connections to submarine cables highlight the potential for broadband internet growth over our forecast period. We expect interest in the region to continue to grow, with plenty of opportunities for interested players.

Key Data:

  • Cayman Islands has the highest mobile penetration at over 160%, while Cuba's penetration rate remained below 20%.

  • In Cuba, internet users reached 2.92mn users in 2013, representing around 26.1% of the population, according to the Oficina Nacional de Estadísticas (ONE).

  • The Telecommunications Unit of Barbados released figures for the 2013 year, in the mobile sector, there have been instances of net declines in the market, particularly in 2013, with losses of over 40,000 subscriptions. At the end of 2013, there were 307,708 mobile subscribers, a penetration of 108%.

  • CWC reported group revenues of USD1.873bn in the company's financial 2013/14 year ending March 2014. This was a contraction of 4% compared to USD1.942bn in FY12/13. The company's Fixed voice and Enterprise, data and other segments were the key drivers of this...

Table of Contents

BMI Industry View
9
SWOT
12
Industry Forecast
14
Bahamas
14
Table: Telecoms Sector - Historical Data & Forecasts (Bahamas 2011-2018)
14
Barbados
17
Table: Telecoms Sector - Historical Data & Forecasts (Barbados 2011-2018)
17
Bermuda
19
Table: Telecoms Sector - Historical Data & Forecasts (Bermuda 2011-2018)
19
Cayman Islands
21
Table: Telecoms Sector - Historical Data & Forecasts (Cayman Islands 2011-2018)
21
Cuba
23
Table: Telecoms Sector - Historical Data & Forecasts (Cuba 2011-2018)
23
Dominican Republic
25
Table: Telecoms Sector - Historical Data & Forecasts (Dominican Republic 2011-2018)
25
Haiti
27
Table: Telecoms Sector - Historical Data & Forecasts (Haiti 2011-2018)
27
Jamaica
29
Table: Telecoms Sector - Historical Data & Forecasts (Jamaica 2011-2018)
29
Puerto Rico
31
Table: Telecoms Sector - Historical Data & Forecasts (Puerto Rico 2011-2018)
31
Trinidad & Tobago
33
Table: Telecoms Sector - Historical Data & Forecasts (Trinidad & Tobago 2011-2018)
33
Industry Risk Reward Ratings
36
Caribbean Risk Reward Ratings
36
Table: Caribbean Risk/Reward Ratings Table, Q3 2014
40
Market Overview
41
Bahamas
41
Key Developments
41
Mobile Growth
42
Table: Bahamas Mobile Market, March 2014
46
Fixed Line
46
Broadband
48
Barbados
50
Key Developments
50
Mobile Growth
51
Table: Barbados Mobile Market, December 2013
53
Fixed Line
53
Broadband
54
Table: Barbados Internet Licence Holders
56
Bermuda
57
Fixed Line
60
Broadband
62
Table: Previous Licence Assignments By Class
65
Cayman Islands
65
Fixed Line
68
Broadband
71
Cuba
73
Key Developments
73
Mobile Growth
74
Table: Cuba Mobile Market, March 2014
77
Fixed Line
77
Broadband
78
Dominican Republic
81
Key Developments
81
Mobile Growth
82
Table: Dominican Republic Mobile Market, March 2014
85
Fixed Line
85
Broadband
86
Haiti
89
Key Developments
89
Mobile Growth
89
Table: Haiti Mobile Market, March 2014
93
Fixed Line
93
Broadband
94
Jamaica
96
Key Developments
96
Mobile
97
Table: Jamaica Mobile Market, March 2014
103
Fixed Line
103
Broadband
103
Puerto Rico
105
Key Developments
105
Mobile
106
Table: Puerto Rico Mobile Market, March 2014
109
Fixed Line
110
Broadband
110
Pay-TV
111
Trinidad & Tobago
113
Key Developments
113
Mobile Growth
114
Fixed Line
119
Broadband
120
Table: Trinidad & Tobago Fixed Internet Market
122
Regulatory Development
123
Regulatory Environment And Industry Developments
123
Table: Caribbean Telecoms Regulators
123
Competitive Landscape
135
Table: Key Players - Caribbean Telecoms Sector
135
Table: Selected Operators' Financial Indicators
136
Company Profile
137
LIME (Cable & Wireless Communications)
137
Digicel
143
Table: Digicel - Key Dates in Caribbean Expansion
147
Regional Overview
150
Internexa: Pan-American Fibre Network Keeps Content Local
150
Demographic Forecast
155
Bahamas
155
Table: Bahamas' Population By Age Group, 1990-2020 ('000)
156
Table: Bahamas' Population By Age Group, 1990-2020 (% of total)
157
Table: Bahamas' Key Population Ratios, 1990-2020
158
Table: Bahamas' Rural And Urban Population, 1990-2020
158
Barbados
159
Table: Barbados' Population By Age Group, 1990-2020 ('000)
160
Table: Barbados' Population By Age Group, 1990-2020 (% of total)
161
Table: Barbados' Key Population Ratios, 1990-2020
162
Table: Barbados' Rural And Urban Population, 1990-2020
162
Dominican Republic
163
Table: The Dominican Republic's Population By Age Group, 1990-2020 ('000)
164
Table: The Dominican Republic's Population By Age Group, 1990-2020 (% of total)
165
Table: The Dominican Republic's Key Population Ratios, 1990-2020
166
Table: The Dominican Republic's Rural And Urban Population, 1990-2020
166
Haiti
167
Table: Haiti's Population By Age Group, 1990-2020 ('000)
168
Table: Haiti's Population By Age Group, 1990-2020 (% of total)
169
Table: Haiti's Key Population Ratios, 1990-2020
170
Table: Haiti's Rural And Urban Population, 1990-2020
170
Jamaica
171
Table: Jamaica's Population By Age Group, 1990-2020 ('000)
172
Table: Jamaica's Population By Age Group, 1990-2020 (% of total)
173
Table: Jamaica's Key Population Ratios, 1990-2020
174
Table: Jamaica's Rural And Urban Population, 1990-2020
174
Puerto Rico
175
Table: Puerto Rico's Population By Age Group, 1990-2020 ('000)
176
Table: Puerto Rico's Population By Age Group, 1990-2020 (% of total)
177
Table: Puerto Rico's Key Population Ratios, 1990-2020
178
Table: Puerto Rico's Rural And Urban Population, 1990-2020
178
Trinidad & Tobago
179
Table: Trinidad & Tobago's Population By Age Group, 1990-2020 ('000)
180
Table: Trinidad & Tobago's Population By Age Group, 1990-2020 (% of total)
181
Table: Trinidad & Tobago's Key Population Ratios, 1990-2020
182
Table: Trinidad & Tobago's Rural And Urban Population, 1990-2020
182
Glossary
183
Table: Glossary Of Terms
183
Methodology
185
Industry Forecast Methodology
185
Sources
186
Risk/Reward Ratings Methodology
187
Table: Risk/Reward Ratings Indicators
188
Table: Weighting Of Indicators
189

The Caribbean Telecommunications Report features Business Monitor International (BMI)'s independent industry forecasts on the future strength of Barbados, Bahamas, Jamaica, Trinidad & Tobago, Cuba, Haiti, Martinique, Dominican Republic, Puerto Rico, Guadeloupe's ICT market, covering the fixed-line, mobile and internet segments and analyses latest regulatory developments and corporate news, including investment activity, mergers and acquisitions, joint ventures and partnerships. Leading operators and manufacturers are fully profiled, highlighting their quarterly financial performance, capital expenditure plans and latest contracts.

BMI's Caribbean Telecommunications Report provides industry professionals and researchers, operators, equipment suppliers and vendors, corporate and financial services analysts and regulatory bodies with independent forecasts and competitive intelligence on the telecoms industry in Barbados, Bahamas, Jamaica, Trinidad & Tobago, Cuba, Haiti, Martinique, Dominican Republic, Puerto Rico, Guadeloupe.

Key Benefits

  • Benchmark BMI's independent telecoms industry forecasts for Barbados, Bahamas, Jamaica, Trinidad & Tobago, Cuba, Haiti, Martinique, Dominican Republic, Puerto Rico, Guadeloupe to test other views - a key input for successful budgeting and strategic business planning in the Barbadian, Bahamian, Jamaican, Trinidadian, Cuban, Haitian, Martiniquais, Dominican, Puerto Rican, Guadeloupe telecoms market.
  • Target business opportunities and risks in Barbados, Bahamas, Jamaica, Trinidad & Tobago, Cuba, Haiti, Martinique, Dominican Republic, Puerto Rico, Guadeloupe's telecoms sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Barbados, Bahamas, Jamaica, Trinidad & Tobago, Cuba, Haiti, Martinique, Dominican Republic, Puerto Rico, Guadeloupe.
  • Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity).

Coverage

Executive Summary

Summary of BMI's key industry forecasts and views, covering the ICT, fixed-line, mobile (including 3G), internet and broadband markets.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the wireline and wireless sectors and within the broader political, economic and business environment.

Business Environment Ratings

BMI's Telecommunications Business Environment Ratings provides a country-comparative Risk-Reward Ratings index aimed at investors (vendors, operators and suppliers) in the regional telecoms market.

The ratings methodology makes sophisticated use of more than 40 industry, economic and demographic data points.

BMI Industry Forecast Scenario

Historic data series and forecasts to end-2017 for all key industry indicators (see list below) supported by explicit assumptions, plus analysis of key downside risks to the main forecast.

  • Fixed-Line Telephony - Telephone lines ('000); telephone lines/100 inhabitants.
  • Cellular Telephony - Mobile phone subscribers ('000); mobile phone subscribers/100 inhabitants; mobile phone subscribers/100 fixed line subscribers.
  • Internet Markets - Internet users ('000); internet users/100 inhabitants; broadband internet subscribers ('000); broadband internet subscribers/100 inhabitants.

Market Data Analysis

Detailed market analysis of the mobile, mobile content, fixed line and internet segments, broken down into:

  • Market Data - Analysis of market size, operator shares, dominant trends, competitive landscape and key quarterly data.
  • Technology/Service Rollout - Analysis of rollout/adoption of new technology, such as 3G, WiMAX, IPTV, pay-TV, LTE and value-added handset services (gaming, music, video, apps etc.).
  • Mobile Content - The latest trends in content and services available and being introduced by mobile operators. Including a timeline of all the latest major mobile content developments.
  • Company Database - A comprehensive breakdown of KPIs of the leading mobile operators, including subscriber figures by type (pre-paid and post-paid); 3G subscriber figures; net additions; market share; ARPU; churn rates; minutes of use; voice and non-voice revenue; financial figures (including operating revenues, net profits and EBITDA).

Regulatory Environment

Details of the regulatory bodies and their responsibilities, as well as a special focus on the rules surrounding competition and interconnection. The latest updates in the market's development and regulatory rulings.

Company Profiles

Examines the competitive positioning and short- to medium-term business strategies of key industry players. Strategy is examined within the context of BMI's industry forecasts, our macroeconomic views and our understanding of the wider competitive landscape to generate Company SWOT analyses.

The latest financial and operating statistics and key company developments are also incorporated within the company profiles, enabling a full evaluation of recent company performance and future growth prospects.

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