Try our corporate solution for free!
(212) 419-8286
hadley.ward@statista.com

Telecommunications industry in Latin America - statistics & facts

Worldwide, the telecommunication services industry is worth about 1.6 trillion U.S. dollars. By spending around 150 billion dollars on telco services, Latin America contributes less than 10 percent of that global sum. Owing to its large population, Brazil is by a clear margin the largest market in the region. Followed by Mexico and Colombia, this South American nation contributes approximately a third of Latin America’s total telecommunication services spending. In comparison, the revenue of telco services in the United States stands at over 170 billion U.S. dollars, while reaching nearly 190 billion dollars in China.

Mobile vs. fixed-line usage

“Mobile-first” is a clear trend on the Latin American telecommunications market. Mobile revenues are nearly twice as high as in the fixed-line sector and there are well over four times as many mobile subscribers as there are fixed-line telephony or broadband connections. There are several countries in the region, e.g. Paraguay or Honduras, where the fixed-line penetration never reached the ten-percent mark and has been dropping over the recent years, while the number of mobile subscriptions per 100 inhabitants is near or already exceeds a hundred.

Market leaders

Headquartered in Mexico and owned by the wealthy Carlos Slim Helú, América Móvil is the only Latin American company to make it on the global top ten list of telecommunication operators. Depending on the region, América Móvil functions under varying brand names, such as Telcel in Mexico and Claro in other Latin American countries.These América Móvil-owned brands form the top two most valuable communication providers in the region. América Móvil also does business outside of Latin America, operating as TracFone in the United States and A1 in selected countries in Central and Eastern Europe. Having home advantage, América Móvil is the largest telco provider in Latin America, followed by Madrid-based Telefónica, and Dallas-based AT&T.

Impact of COVID-19

Early estimates saw the revenue of Latin American telecommunication providers drop between 2.6 and 14.2 percent in 2020, depending on the length of coronavirus-related lockdown measures. As large shares of the population switched to working and learning from home, the increased telecommunications traffic strained residential networks, which were generally not built with such intense usage in mind. In Colombia, for example, fixed-line traffic increased by 40 percent, while mobile traffic rose by 12 percent. As a consequence, download speeds decreased significantly across Latin America and the Caribbean, with Panama regeristing the largest drop of nearly 49 percent.

Key figures

The most important key figures provide you with a compact summary of the topic of "Telecommunications in Latin America" and take you straight to the corresponding statistics.

Mobile segment

Smartphones

Fixed-line segment

Infrastructure

Interesting statistics

In the following 5 chapters, you will quickly find the {amountStatistics} most important statistics relating to "Telecommunications in Latin America".

Telecommunication industry in Latin America

Dossier on the topic

All important statistics are prepared by our experts – available for direct download as PPT & PDF!
TOP SELLER

Telecommunications industry in Latin America - statistics & facts

Worldwide, the telecommunication services industry is worth about 1.6 trillion U.S. dollars. By spending around 150 billion dollars on telco services, Latin America contributes less than 10 percent of that global sum. Owing to its large population, Brazil is by a clear margin the largest market in the region. Followed by Mexico and Colombia, this South American nation contributes approximately a third of Latin America’s total telecommunication services spending. In comparison, the revenue of telco services in the United States stands at over 170 billion U.S. dollars, while reaching nearly 190 billion dollars in China.

Mobile vs. fixed-line usage

“Mobile-first” is a clear trend on the Latin American telecommunications market. Mobile revenues are nearly twice as high as in the fixed-line sector and there are well over four times as many mobile subscribers as there are fixed-line telephony or broadband connections. There are several countries in the region, e.g. Paraguay or Honduras, where the fixed-line penetration never reached the ten-percent mark and has been dropping over the recent years, while the number of mobile subscriptions per 100 inhabitants is near or already exceeds a hundred.

Market leaders

Headquartered in Mexico and owned by the wealthy Carlos Slim Helú, América Móvil is the only Latin American company to make it on the global top ten list of telecommunication operators. Depending on the region, América Móvil functions under varying brand names, such as Telcel in Mexico and Claro in other Latin American countries.These América Móvil-owned brands form the top two most valuable communication providers in the region. América Móvil also does business outside of Latin America, operating as TracFone in the United States and A1 in selected countries in Central and Eastern Europe. Having home advantage, América Móvil is the largest telco provider in Latin America, followed by Madrid-based Telefónica, and Dallas-based AT&T.

Impact of COVID-19

Early estimates saw the revenue of Latin American telecommunication providers drop between 2.6 and 14.2 percent in 2020, depending on the length of coronavirus-related lockdown measures. As large shares of the population switched to working and learning from home, the increased telecommunications traffic strained residential networks, which were generally not built with such intense usage in mind. In Colombia, for example, fixed-line traffic increased by 40 percent, while mobile traffic rose by 12 percent. As a consequence, download speeds decreased significantly across Latin America and the Caribbean, with Panama regeristing the largest drop of nearly 49 percent.

Interesting statistics

In the following 5 chapters, you will quickly find the {amountStatistics} most important statistics relating to "Telecommunications in Latin America".

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Hadley Ward
Hadley Ward
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Ziyan Zhang
Ziyan Zhang
Customer Relations– Contact (Asia)

Mon - Fri, 11:30am - 10pm (IST)

Contact Kisara Mizuno
Kisara Mizuno
Customer Success Manager– Contact (Asia)

Mon - Fri, 9:30am - 5:30pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Catalina Rodriguez
Catalina Rodriguez
Key Account Manager - LAC– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)