BMI View: Rise of number porting services and high penetration rates across Central America show that the local population is embracing the competition and keen to switch for a better deal. BMI believes that due to the strong competition it will be more difficult for new entrants, such as Xinewei , to penetrate the market as they would have to undercut the local providers. Mobile forecasts show much slower growth across the board, with only Nicaragua offering any real growth potential. Thus companies are investing heavily into 3G and 4G networks to boost mobile data use. The future for telecoms operators lies in the expansion of content and encouraging consumers to use their mobile connections for a growing range of lifestyle needs. Regional market leader Tigo has been most active in launching its range of mobile financial services (MFS), which are seeing rapid take up.
Number porting in Panama has increased 37.4% in 2014, this shows that the population in Panama are increasingly more willing to take advantage of better available deals as they switch operators.
We upgraded our 3G/4G forecasts for Costa Rica after Claro and Movistar launched new services. We expect 3G and 4G connections to account for nearly 62% of connections by the end of our forecast period.
Mobile growth outlook for Nicaragua for 2014 was dampened as it appears Xinwei, who won spectrum in the 1,785-1,805MHz band in 2012, will not be launching this year. As the company has announced that network trials were due to begin in October, BMI believes it more likely that Xinwei will launch operations in 2015.
Key Trends And Developments
Discussions over the introduction of number portability (NP) in El Salvador are ongoing. Market leader Tigo has urged the regulator to introduce the service, even though it has the most to lose. SIGET, the country's telecoms regulator, also plans to monitor quality of service and has called for amendments to the Telecommunications Act to...
The Central America Telecommunications Report features Business Monitor International (BMI)'s independent industry forecasts on the future strength of Panama, Guatemala, Nicaragua, El Salvador, Costa Rica, Belize, Honduras'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 Central America 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 Panama, Guatemala, Nicaragua, El Salvador, Costa Rica, Belize, Honduras.
- Benchmark BMI's independent telecoms industry forecasts for Panama, Guatemala, Nicaragua, El Salvador, Costa Rica, Belize, Honduras to test other views - a key input for successful budgeting and strategic business planning in the Panamanian, Guatemalan, Nicaraguan, Salvadoran, Costa Rican, Belizean, Honduran telecoms market.
- Target business opportunities and risks in Panama, Guatemala, Nicaragua, El Salvador, Costa Rica, Belize, Honduras's telecoms sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Panama, Guatemala, Nicaragua, El Salvador, Costa Rica, Belize, Honduras.
- Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity).
BMI Industry View
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 Rankings
BMI's Telecommunications Business Environment Rankings provides a country-comparative Risk-Reward Rankings index aimed at investors (vendors, operators and suppliers) in the regional telecoms market.
The rankings 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-2018 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).
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.
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.