In the fourth quarter of 2020, Claro – a mobile phone company owned by América Móvil – concentrated 38 percent of all wireless subscriptions in Argentina. Telecom Argentina’s Personal and Telefónica’s Movistar followed with 33 and 29 percent of market share, respectively.
Small screens, big players
The holdings behind the three brands presented stand among the leading telecommunication providers in Latin America and the Caribbean. Altogether, América Móvil, Telefónica, and Telecom Argentina generated almost 61 billion U.S. dollars in revenue in the region in 2020. That year, the revenue of Carlos Slim’s group added up to 56.7 billion dollars in the Southern Cone alone, which, by América Móvil’s accounts, include Argentina, Chile, Paraguay, and Uruguay.
Argentine mobile market on the rise
It was forecast that, in 2021, there were over 36 million smartphone users in Argentina. This number was projected to surpass 40 million by 2025. There is still room for growth within this segment, however. It was estimated that less than 80 percent of the Argentine population used smartphones as of 2021, which suggests that the mobile market remains set to expand in that South American country.
Leading wireless operators in Argentina in 4th quarter 2020, by market share
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American Tower. (March 9, 2021). Leading wireless operators in Argentina in 4th quarter 2020, by market share [Graph]. In Statista. Retrieved May 20, 2022, from https://www.statista.com/statistics/488707/mobile-market-share-argentina-by-provider/
American Tower. "Leading wireless operators in Argentina in 4th quarter 2020, by market share." Chart. March 9, 2021. Statista. Accessed May 20, 2022. https://www.statista.com/statistics/488707/mobile-market-share-argentina-by-provider/
American Tower. (2021). Leading wireless operators in Argentina in 4th quarter 2020, by market share. Statista. Statista Inc.. Accessed: May 20, 2022. https://www.statista.com/statistics/488707/mobile-market-share-argentina-by-provider/
American Tower. "Leading Wireless Operators in Argentina in 4th Quarter 2020, by Market Share." Statista, Statista Inc., 9 Mar 2021, https://www.statista.com/statistics/488707/mobile-market-share-argentina-by-provider/
American Tower, Leading wireless operators in Argentina in 4th quarter 2020, by market share Statista, https://www.statista.com/statistics/488707/mobile-market-share-argentina-by-provider/ (last visited May 20, 2022)