Main wireless operators in Argentina 2021, by market share

In the fourth quarter of 2021, Claro – a mobile phone company owned by América Móvil – concentrated 41 percent of all wireless subscriptions in Argentina. Telecom Argentina’s Personal and Telefónica’s Movistar followed with 31 and 28 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.