Caribbean Telecommunications Report

Providing expert analysis, independent forecasts and competitive intelligence on the telecommunications industry.

Report includes: BMI Industry View, Industry SWOT Analysis, BMI Industry Forecast Scenario, Telecommunications Risk Reward Index, Market Overview, Regulatory Environment, Company Profiles and Competitive

Why you should buy this report

  • Benefit from the latest market opportunities
  • Understand the threats to your operations and investments and protect your company against future risks
  • Gain insight on emerging trends that could support, strengthen or disrupt your activities in the market
  • Get a full view of the competitive landscape to assess your market position.
×

Sign up to download the Caribbean Telecommunications Report

By submitting this form you are acknowledging that you have read and understood our Privacy Policy.

Thank you for your interest

You will shortly receive your free executive summary by email.

Caribbean Telecommunications Report
Product Price
$1,295.00

BMI View: Haiti and Cuba represent the largest organic growth opportunities in the region, as both are significantly underdeveloped compared to their peers. However, the risks associated with business in these two markets mean that a mobile subscription boom is far from likely.

Key Data

  • Cayman Islands has the highest mobile penetration, at 153.4% in 2015, while Cuba's penetration rate remains below the regional average, at 28.9%.

  • The number of mobile lines in Cuba reached the 3mn mark in Q215, up from 2.4mn lines at the start of 2015, according to data published by state-owned telecoms operator Empresa de Telecomunicaciones de Cuba (ETECSA). The increase was mainly owing to a promotion, called Si activas ganas 30, wherein new users obtained USD30 in credit for activating a line for the same amount. ETECSA revealed that 300,000 new mobile subscribers signed up in just five days due to the promotion. Digicel Jamaica currently has 1mn smartphone users on its mobile network, which accounts for more than 45% of the operator's overall subscriber base in Jamaica.

  • Haiti and Cuba will both be excellent growth markets over the course of our forecast period.

Cuba And Haiti - Primed For Growth
2013-2020
e/f = BMI estimate/forecast. Source: Telecom Italia, BMI
BMI Industry View
9
SWOT
11
Industry Forecast
13
Bahamas
13
Table: Telecoms Sector - Historical Data & Forecasts (Bahamas 2012-2019)
13
Barbados
16
Table: Telecoms Sector - Historical Data & Forecasts (Barbados 2012-2019)
16
Bermuda
18
Table: Telecoms Sector - Historical Data & Forecasts (Bermuda 2012-2019)
18
Cayman Islands
20
Table: Telecoms Sector - Historical Data & Forecasts (Cayman Islands 2012-2019)
20
Cuba
23
Table: Telecoms Sector - Historical Data & Forecasts (Cuba 2012-2019)
23
Dominican Republic
26
Table: Telecoms Sector - Historical Data & Forecasts (Dominican Republic 2012-2019)
26
Haiti
29
Table: Telecoms Sector - Historical Data & Forecasts (Haiti 2012-2019)
29
Jamaica
31
Table: Telecoms Sector - Historical Data & Forecasts (Jamaica 2012-2019)
31
Puerto Rico
34
Table: Telecoms Sector - Historical Data & Forecasts (Puerto Rico 2012-2019)
34
Trinidad & Tobago
37
Table: Telecoms Sector - Historical Data & Forecasts (Trinidad & Tobago 2012-2019)
37
Telecoms Risk/Reward Index
39
Industry Risk Reward Index
39
Table: Latin Americas Telecoms Risk/Rewards Index - Q1 2016
41
Market Overview
42
Bahamas
42
Key Developments
42
Mobile Growth
42
Cable Bahamas New Favourite For Second Licence
46
Table: Bahamas Mobile Market, March 2015
48
Fixed Line
48
Broadband
51
Barbados
54
Key Developments
54
Mobile Growth
54
Networks
56
Table: Barbados Mobile Market, December 2014
57
Fixed Line
57
Broadband
58
Table: Barbados Internet Licence Holders
61
Bermuda
62
Duopoly Will Maintain Market Momentum
67
Fixed Line
67
Broadband
69
Table: Previous Licence Assignments By Class
73
Cayman Islands
74
Fixed Line
77
Broadband
80
Cuba
82
Key Developments
82
Mobile Growth
83
Table: Cuba Mobile Market, March 2015
88
Fixed Line
88
Broadband
90
Dominican Republic
94
Key Developments
94
Mobile Growth
95
Fixed Line
99
Broadband
100
Haiti
104
Key Developments
104
Mobile Growth
104
Fixed Line
109
Broadband
110
Jamaica
112
Key Developments
112
Mobile
113
Fixed Line
120
Broadband
121
Puerto Rico
124
Key Developments
124
Mobile
124
Fixed Line
128
Broadband
129
Pay-TV
130
Trinidad & Tobago
133
Key Developments
133
Mobile Growth
134
Fixed Line
138
Broadband
140
Table: Trinidad & Tobago Fixed Internet Market
142
Regulatory Development
143
Regulatory Environment And Industry Developments
143
Table: Caribbean Telecoms Regulators
143
Competitive Landscape
155
Table: Key Players - Caribbean Telecoms Sector
155
Company Profile
157
Digicel
157
LIME (Cable & Wireless Communications)
163
Demographic Forecast
168
Table: Population Headline Indicators (Barbados 1990-2025)
169
Table: Key Population Ratios (Barbados 1990-2025)
169
Table: Urban/Rural Population & Life Expectancy (Barbados 1990-2025)
170
Table: Population By Age Group (Barbados 1990-2025)
170
Table: Population By Age Group % (Barbados 1990-2025)
171
Demographic Forecast
173
Table: Population Headline Indicators (Bahamas 1990-2025)
174
Table: Key Population Ratios (Bahamas 1990-2025)
174
Table: Urban/Rural Population & Life Expectancy (Bahamas 1990-2025)
175
Table: Population By Age Group (Bahamas 1990-2025)
175
Table: Population By Age Group % (Bahamas 1990-2025)
176
Demographic Forecast
178
Table: Population Headline Indicators (Cuba 1990-2025)
179
Table: Key Population Ratios (Cuba 1990-2025)
179
Table: Urban/Rural Population & Life Expectancy (Cuba 1990-2025)
180
Table: Population By Age Group (Cuba 1990-2025)
180
Table: Population By Age Group % (Cuba 1990-2025)
181
Demographic Forecast
183
Table: Population Headline Indicators (Dominican Republic 1990-2025)
184
Table: Key Population Ratios (Dominican Republic 1990-2025)
184
Table: Urban/Rural Population & Life Expectancy (Dominican Republic 1990-2025)
185
Table: Population By Age Group (Dominican Republic 1990-2025)
185
Table: Population By Age Group % (Dominican Republic 1990-2025)
186
Demographic Forecast
188
Table: Population Headline Indicators (Haiti 1990-2025)
189
Table: Key Population Ratios (Haiti 1990-2025)
189
Table: Urban/Rural Population & Life Expectancy (Haiti 1990-2025)
190
Table: Population By Age Group (Haiti 1990-2025)
190
Table: Population By Age Group % (Haiti 1990-2025)
191
Demographic Forecast
193
Table: Population Headline Indicators (Jamaica 1990-2025)
194
Table: Key Population Ratios (Jamaica 1990-2025)
194
Table: Urban/Rural Population & Life Expectancy (Jamaica 1990-2025)
195
Table: Population By Age Group (Jamaica 1990-2025)
195
Table: Population By Age Group % (Jamaica 1990-2025)
196
Demographic Forecast
198
Table: Population Headline Indicators (Puerto Rico 1990-2025)
199
Table: Key Population Ratios (Puerto Rico 1990-2025)
199
Table: Urban/Rural Population & Life Expectancy (Puerto Rico 1990-2025)
200
Table: Population By Age Group (Puerto Rico 1990-2025)
200
Table: Population By Age Group % (Puerto Rico 1990-2025)
201
Demographic Forecast
203
Table: Population Headline Indicators (Trinidad & Tobago 1990-2025)
204
Table: Key Population Ratios (Trinidad & Tobago 1990-2025)
204
Table: Urban/Rural Population & Life Expectancy (Trinidad & Tobago 1990-2025)
205
Table: Population By Age Group (Trinidad & Tobago 1990-2025)
205
Table: Population By Age Group % (Trinidad & Tobago 1990-2025)
206
Glossary
208
Table: Glossary Of Terms
208
Methodology
210
Industry Forecast Methodology
210
Sources
212
Risk/Reward Index Methodology
212
Table: Risk/Reward Index Indicators
213
Table: Weighting Of Indicators
214

The Caribbean Telecommunications Report features BMI Research'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

BMI Industry View

Summary of BMI’s key industry forecasts and views, covering the ARPU, fixed-line, mobile (including 3G & 4G), 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.

BMI Industry Forecast Scenario

Historic data series (2010-2013) and forecasts to end-2019 for all key industry indicators, 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; and where available, 3G & 4G subscribers (‘000); 3G & 4G subscribers/100 inhabitants; 3G & 4G subscribers as a percentage of overall mobile market.
  • Internet Markets – Internet users (‘000); internet users/100 inhabitants; broadband internet subscribers (‘000); broadband internet subscribers/100 inhabitants.

BMI’s Telecommunications Risk Reward Index

BMI’s Risk Reward Indices provide investors (vendors, operators and suppliers) looking for opportunities in the region with a clear country comparative assessment of a market’s risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry, economic and demographic data points to provide an Indices of highest to lowest appeal to investors, with each position explained.

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 & 4G, WiMAX, IPTV, pay-TV, LTE and valueadded 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 & 4G 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. Also covers 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.

Sources

The Telecommunications Reports draw on an extensive network of primary sources, such as multilateral organisations, government departments, industry associations, chambers and company reports.

*Company profiles are not available for every country. Those reports instead contain information on the current activities of prominent companies operating in the market.