Caribbean Telecommunications Report

Published 07 April 2015

  • 213 pages
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  • Includes 3 free updated quarterly reports
 
$1,295.00
Caribbean Telecommunications Report

BMI View: Our expectation for major changes in the Caribbea n has already begun to play out, with the news that CWC will need to sell its 49% stake in operator Telecommunications Services of Trinidad and Tobago (TSTT). This means the market is looking at a significant shake-up, one of many that will take pla ce in the region. The CWC acquisition of Columbus International will have a far-reaching regional impact in the broadband internet and pay-TV markets, which remain underdeveloped and ripe for growth and is already affecting regulatory environments in other markets. In response to the acquisition we expect acquisition activity from rival Digicel in the broadband and pay-TV market, as it looks to match CWC's scale. Digicel already agreed to the buyout of Bermuda Telephone Company and more can be expected in the coming year. We expect interest in the region to really take off in 2015, with plenty of opportunities for interested players to enter these markets.

Key Data:

  • Cayman Islands has the highest mobile penetration at over 160%, while Cuba's penetration rate remained below 20%.

  • ETECSA plans to activate 800,000 new mobile lines in 2015, according to ETECSA Communications Director Luis Manuel Diaz. The operator reportedly activated 565,000 new mobile lines in 2014. ETECSA also expects to activate 30,000 landlines in 2015, up 42% from 2014. Diaz revealed that the reduction in international mobile tariffs, initially valid until December 30 2014, will be extended until June 30 2015.

  • 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.

  • Altice posted revenues of EUR607.3mn in 2014 in the Dominican Republic, almost flat compared to the year-ago period. The operator's EBITDA totalled EUR283.2mn, surging 27% compared to y-o-y, while the EBITDA margin stood at 46.6%, up from 36.6% y-o-y. Altice ended December with 3.57mn...

Table of Contents

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
28
Table: Telecoms Sector - Historical Data & Forecasts (Haiti 2012-2019)
28
Jamaica
30
Table: Telecoms Sector - Historical Data & Forecasts (Jamaica 2012-2019)
30
Puerto Rico
32
Table: Telecoms Sector - Historical Data & Forecasts (Puerto Rico 2012-2019)
32
Trinidad & Tobago
34
Table: Telecoms Sector - Historical Data & Forecasts (Trinidad & Tobago 2012-2019)
34
Industry Risk Reward Ratings
36
Industry Risk Reward Index
36
Table: Latin America Risk/Reward Index Q215
40
Market Overview
41
Bahamas
41
Key Developments
41
Mobile Growth
41
Table: Licensing Timeline
43
Table: Bahamas Mobile Market, December 2014
46
Fixed Line
47
Broadband
50
Barbados
52
Key Developments
52
Mobile Growth
52
Table: Barbados Mobile Market, December 2014
55
Fixed Line
55
Broadband
56
Table: Barbados Internet Licence Holders
58
Bermuda
59
Fixed Line
63
Broadband
65
Table: Previous Licence Assignments By Class
68
Cayman Islands
69
Fixed Line
72
Broadband
75
Cuba
77
Key Developments
77
Mobile Growth
77
Table: Cuba Mobile Market, December 2014
83
Fixed Line
83
Broadband
84
Dominican Republic
88
Key Developments
88
Mobile Growth
88
Table: Dominican Republic Mobile Market, September 2014 (latest data available)
92
Fixed Line
92
Broadband
93
Haiti
97
Key Developments
97
Mobile Growth
97
Table: Haiti Mobile Market, December 2014
101
Fixed Line
101
Broadband
102
Jamaica
104
Key Developments
104
Mobile
104
Table: Jamaica Mobile Market, December 2014
110
Fixed Line
111
Broadband
111
Puerto Rico
114
Key Developments
114
Mobile
114
Table: Puerto Rico Mobile Market, December 2014
118
Fixed Line
119
Broadband
119
Pay-TV
120
Trinidad & Tobago
122
Key Developments
122
Mobile Growth
123
Fixed Line
129
Broadband
130
Table: Trinidad & Tobago Fixed Internet Market
132
Latin America Mobile Content
132
Table: Most Popular Sites In Brazil
134
Regulatory Development
138
Regulatory Environment And Industry Developments
138
Table: Caribbean Telecoms Regulators
138
Competitive Landscape
150
Table: Key Players - Caribbean Telecoms Sector
150
Table: Selected Operators' Financial Indicators
151
Company Profile
152
LIME (Cable & Wireless Communications)
152
Digicel
157
Regional Overview
162
Demographic Forecast
167
Table: Population Headline Indicators (Barbados 1990-2025)
168
Table: Key Population Ratios (Barbados 1990-2025)
168
Table: Urban/Rural Population & Life Expectancy (Barbados 1990-2025)
169
Table: Population By Age Group (Barbados 1990-2025)
169
Table: Population By Age Group % (Barbados 1990-2025)
170
Demographic Forecast
172
Table: Population Headline Indicators (Bahamas 1990-2025)
173
Table: Key Population Ratios (Bahamas 1990-2025)
173
Table: Urban/Rural Population & Life Expectancy (Bahamas 1990-2025)
174
Table: Population By Age Group (Bahamas 1990-2025)
174
Table: Population By Age Group % (Bahamas 1990-2025)
175
Demographic Forecast
177
Table: Population Headline Indicators (Cuba 1990-2025)
178
Table: Key Population Ratios (Cuba 1990-2025)
178
Table: Urban/Rural Population & Life Expectancy (Cuba 1990-2025)
179
Table: Population By Age Group (Cuba 1990-2025)
179
Table: Population By Age Group % (Cuba 1990-2025)
180
Demographic Forecast
182
Table: Population Headline Indicators (Dominican Republic 1990-2025)
183
Table: Key Population Ratios (Dominican Republic 1990-2025)
183
Table: Urban/Rural Population & Life Expectancy (Dominican Republic 1990-2025)
184
Table: Population By Age Group (Dominican Republic 1990-2025)
184
Table: Population By Age Group % (Dominican Republic 1990-2025)
185
Demographic Forecast
187
Table: Population Headline Indicators (Haiti 1990-2025)
188
Table: Key Population Ratios (Haiti 1990-2025)
188
Table: Urban/Rural Population & Life Expectancy (Haiti 1990-2025)
189
Table: Population By Age Group (Haiti 1990-2025)
189
Table: Population By Age Group % (Haiti 1990-2025)
190
Demographic Forecast
192
Table: Population Headline Indicators (Jamaica 1990-2025)
193
Table: Key Population Ratios (Jamaica 1990-2025)
193
Table: Urban/Rural Population & Life Expectancy (Jamaica 1990-2025)
194
Table: Population By Age Group (Jamaica 1990-2025)
194
Table: Population By Age Group % (Jamaica 1990-2025)
195
Demographic Forecast
197
Table: Population Headline Indicators (Puerto Rico 1990-2025)
198
Table: Key Population Ratios (Puerto Rico 1990-2025)
198
Table: Urban/Rural Population & Life Expectancy (Puerto Rico 1990-2025)
199
Table: Population By Age Group (Puerto Rico 1990-2025)
199
Table: Population By Age Group % (Puerto Rico 1990-2025)
200
Demographic Forecast
202
Table: Population Headline Indicators (Trinidad & Tobago 1990-2025)
203
Table: Key Population Ratios (Trinidad & Tobago 1990-2025)
203
Table: Urban/Rural Population & Life Expectancy (Trinidad & Tobago 1990-2025)
204
Table: Population By Age Group (Trinidad & Tobago 1990-2025)
204
Table: Population By Age Group % (Trinidad & Tobago 1990-2025)
205
Glossary
207
Table: Glossary Of Terms
207
Methodology
209
Industry Forecast Methodology
209
Sources
211
Risk/Reward Index Methodology
211
Table: Risk/Reward Index Indicators
212
Table: Weighting Of Indicators
213

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.

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Testimonials

'An essential, multi-faceted research tool. BMI’s thorough understanding of the major market players enables an informed – and informative – review of the sector’s actual performance, together with useful insights into current industry issues, which are topped-off with detailed and invaluable forecasts of industry and macroeconomic trends.’

Senior Research Analyst, ABC International Bank plc