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

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  • 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.
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Caribbean Telecommunications Report
Product Price
$1,295.00

BMI View: Increasing competition in the Caribbean telecoms markets has potential to enhance innovation and improve customer choice. The announcement i n May 2016 that Jamaica had launched a third mobile operator, increas es the prospects of competition i n that market. Jamaica ' s mobile market is currently a duopoly between Digicel and LIME . Although th e arrival of a third mobile operator would help to shake up the Trinidad & Tobago mobile market , we still expect the process to take years to play out, as licence fees are agreed, spectrum allocated, networks deployed and services launched . 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%. Haiti and Cuba will both be excellent growth markets over the course of our forecast period.

  • In May 2016 it was announced that Jamaica would get a new mobile operator to challenge the market duopoly of Digicel and Flow. Jamaica's mobile customer base is expected to grow to almost 3.57mn mobile customers by 2020.

  • In March 2016 Trinidad & Tobago ISP Massy Communications (Massy) launched fibre-to-the-home (FTTH) and IPTV services. Competition is heating in Trinidad & Tobago's pay-TV sector as Massy and Digicel scale up to effectively compete with legacy players.

Third Jamaican Operator Could Shake Up Market
2013-2020
e/f = BMI estimate/forecast. Source: BMI
BMI Industry View
9
SWOT
10
Industry Forecast
12
Bahamas
12
Table: Telecoms Sector - Historical Data And Forecasts (Bahamas 2013-2020)
12
Barbados
15
Table: Telecoms Sector - Historical Data And Forecasts (Barbados 2013-2020)
15
Bermuda
17
Table: Telecoms Sector - Historical Data And Forecasts (Bermuda 2013-2020)
17
Cayman Islands
19
Table: Telecoms Sector - Historical Data And Forecasts (Cayman Islands 2013-2020)
19
Cuba
21
Table: Telecoms Sector - Historical Data And Forecasts (Cuba 2013-2020)
21
Dominican Republic
24
Table: Telecoms Sector - Historical Data & Forecasts (Dominican Republic 2013-2020)
26
Haiti
27
Table: Telecoms Sector - Historical Data & Forecasts (Haiti 2013-2020)
28
Jamaica
30
Table: Telecoms Sector - Historical Data And Forecasts (Jamaica 2013-2020)
32
Puerto Rico
33
Table: Telecoms Sector - Historical Data And Forecasts (Puerto Rico 2013-2020)
35
Trinidad & Tobago
36
Table: Telecoms Sector - Historical Data And Forecasts (Trinidad & Tobago 2013-2020)
38
Telecoms Risk/Reward Index
39
Latin America Telecoms Risk Reward Index
39
Table: Latin Americas Telecoms Risk/Rewards Index - Q216
41
Market Overview
43
Bahamas
43
Market Drivers And Trends
43
Mobile
43
Table: Bahamas Mobile Market, December 2015
46
Broadband And Wireline
46
Pay-TV
49
Barbados
50
Market Drivers And Trends
50
Mobile
50
Wireline Voice And Broadband
52
Table: Barbados Mobile Market, December 2015 Estimate
52
Pay TV
54
Bermuda
56
Market Drivers And Trends
56
Mobile
56
Wireline Voice And Broadband
61
Cayman Islands
66
Market Drivers And Trends
66
Mobile
66
Wireline Voice And Broadband
69
Cuba
74
Market Trends And Drivers
74
Mobile
74
Table: Cuban Mobile Market, December 2015 BMI Estimates
79
Wireline Voice And Broadband
80
Dominican Republic
85
Market Drivers And Trends
85
Mobile
85
Wireline Voice And Broadband
88
Table: Broadband Subscriptions By Technology, Q315
90
Pay-TV/Convergence
91
Haiti
93
Market Drivers And Trends
93
Mobile
93
Wireline Voice And Broadband
96
Jamaica
99
Market Drivers And Trends
99
Mobile
99
Wireline Voice And Broadband
103
Puerto Rico
107
Market Drivers And Trends
107
Mobile
107
Wireline Voice And Broadband
110
Pay-TV/Convergence
112
Trinidad & Tobago
115
Market Drivers And Trends
115
Mobile
115
Wireline Voice And Broadband
119
Table: Trinidad & Tobago - Fixed Internet Market, Q312-Q414
121
Regulatory Development
122
Table: Caribbean Telecoms Regulators
122
Bahamas
123
Barbados
124
Bermuda
124
Cayman Islands
125
Cuba
126
Dominican Republic
127
Haiti
128
Jamaica
129
Puerto Rico
131
Trinidad & Tobago
131
Competitive Landscape
133
Table: Key Players - Caribbean Telecoms Sector
133
Company Profile
135
Digicel
135
Flow (Cable & Wireless Communications)
139
Demographic Forecast
144
Table: Population Headline Indicators (Barbados 1990-2025)
145
Table: Key Population Ratios (Barbados 1990-2025)
145
Table: Urban/Rural Population & Life Expectancy (Barbados 1990-2025)
146
Table: Population By Age Group (Barbados 1990-2025)
146
Table: Population By Age Group % (Barbados 1990-2025)
147
Demographic Forecast
149
Table: Population Headline Indicators (Bahamas 1990-2025)
150
Table: Key Population Ratios (Bahamas 1990-2025)
150
Table: Urban/Rural Population & Life Expectancy (Bahamas 1990-2025)
151
Table: Population By Age Group (Bahamas 1990-2025)
151
Table: Population By Age Group % (Bahamas 1990-2025)
152
Demographic Forecast
154
Table: Population Headline Indicators (Cuba 1990-2025)
155
Table: Key Population Ratios (Cuba 1990-2025)
155
Table: Urban/Rural Population & Life Expectancy (Cuba 1990-2025)
156
Table: Population By Age Group (Cuba 1990-2025)
156
Table: Population By Age Group % (Cuba 1990-2025)
157
Demographic Forecast
159
Table: Population Headline Indicators (Dominican Republic 1990-2025)
160
Table: Key Population Ratios (Dominican Republic 1990-2025)
160
Table: Urban/Rural Population & Life Expectancy (Dominican Republic 1990-2025)
161
Table: Population By Age Group (Dominican Republic 1990-2025)
161
Table: Population By Age Group % (Dominican Republic 1990-2025)
162
Demographic Forecast
164
Table: Population Headline Indicators (Haiti 1990-2025)
165
Table: Key Population Ratios (Haiti 1990-2025)
165
Table: Urban/Rural Population & Life Expectancy (Haiti 1990-2025)
166
Table: Population By Age Group (Haiti 1990-2025)
166
Table: Population By Age Group % (Haiti 1990-2025)
167
Demographic Forecast
169
Table: Population Headline Indicators (Jamaica 1990-2025)
170
Table: Key Population Ratios (Jamaica 1990-2025)
170
Table: Urban/Rural Population & Life Expectancy (Jamaica 1990-2025)
171
Table: Population By Age Group (Jamaica 1990-2025)
171
Table: Population By Age Group % (Jamaica 1990-2025)
172
Demographic Forecast
174
Table: Population Headline Indicators (Puerto Rico 1990-2025)
175
Table: Key Population Ratios (Puerto Rico 1990-2025)
175
Table: Urban/Rural Population & Life Expectancy (Puerto Rico 1990-2025)
176
Table: Population By Age Group (Puerto Rico 1990-2025)
176
Table: Population By Age Group % (Puerto Rico 1990-2025)
177
Demographic Forecast
179
Table: Population Headline Indicators (Trinidad & Tobago 1990-2025)
180
Table: Key Population Ratios (Trinidad & Tobago 1990-2025)
180
Table: Urban/Rural Population & Life Expectancy (Trinidad & Tobago 1990-2025)
181
Table: Population By Age Group (Trinidad & Tobago 1990-2025)
181
Table: Population By Age Group % (Trinidad & Tobago 1990-2025)
182
Glossary
184
Table: Glossary Of Terms
184
Methodology
186
Industry Forecast Methodology
186
Sources
188
Risk/Reward Index Methodology
188
Table: Risk/Reward Index Indicators
189
Table: Weighting Of Indicators
190

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.