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: 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
11
Industry Forecast
13
Bahamas
13
Table: Telecoms Sector - Historical Data & Forecasts (Bahamas 2013-2020)
13
Barbados
16
Table: Telecoms Sector - Historical Data & Forecasts (Barbados 2013-2020)
16
Bermuda
18
Table: Telecoms Sector - Historical Data & Forecasts (Bermuda 2013-2020)
18
Cayman Islands
20
Table: Telecoms Sector - Historical Data & Forecasts (Cayman Islands 2013-2020)
20
Cuba
22
Table: Telecoms Sector - Historical Data & Forecasts (Cuba 2013-2020)
22
Dominican Republic
25
Table: Telecoms Sector - Historical Data & Forecasts (Dominican Republic 2013-2020)
26
Haiti
27
Table: Telecoms Sector - Historical Data & Forecasts (Haiti 2013-2020)
28
Jamaica
29
Recent Updates
29
Structural Trends
29
Table: Telecoms Sector - Historical Data & Forecasts (Jamaica 2013-2020)
31
Puerto Rico
32
Recent Updates
32
Structural Trends
32
Table: Telecoms Sector - Historical Data & Forecasts (Puerto Rico 2013-2020)
34
Trinidad & Tobago
35
Recent Updates
35
Structural Trends
35
Table: Telecoms Sector - Historical Data & Forecasts (Trinidad & Tobago 2013-2020)
37
Telecoms Risk/Reward Index
38
Latin America Risk/Reward Index
38
Table: Latin America - Telecoms Risk/Reward Index, Q3 2016
40
Market Overview
42
Bahamas
42
Market Drivers And Trends
42
Mobile
42
Table: Bahamas Mobile Market, December 2015
45
Broadband And Wireline
45
Pay-TV
48
Barbados
49
Market Drivers And Trends
49
Mobile
49
Wireline Voice And Broadband
51
Table: Barbados Mobile Market, December 2015 Estimate
51
Pay TV
53
Bermuda
55
Market Drivers And Trends
55
Mobile
55
Wireline Voice And Broadband
60
Cayman Islands
65
Market Drivers And Trends
65
Mobile
65
Wireline Voice And Broadband
68
Cuba
72
Market Trends And Drivers
72
Mobile
72
Table: Cuban Mobile Market, December 2015 BMI Estimates
77
Wireline Voice And Broadband
78
Dominican Republic
83
Market Drivers And Trends
83
Mobile
83
Wireline Voice And Broadband
86
Table: Broadband Subscriptions By Technology, Q315
88
Pay-TV/Convergence
89
Haiti
91
Market Drivers And Trends
91
Mobile
91
Wireline Voice And Broadband
94
Jamaica
97
Market Drivers And Trends
97
Mobile
98
Wireline Voice & Broadband
102
Puerto Rico
106
Market Drivers And Trends
106
Mobile
106
Wireline Voice & Broadband
109
Pay-TV/Convergence
111
Trinidad & Tobago
114
Market Drivers And Trends
114
Mobile
114
Wireline Voice & Broadband
118
Table: Trinidad & Tobago - Fixed Internet Market, Q313-Q415
120
Pay TV & Convergence
120
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)
140
Demographic Forecast
145
Table: Population Headline Indicators (Barbados 1990-2025)
146
Table: Key Population Ratios (Barbados 1990-2025)
146
Table: Urban/Rural Population & Life Expectancy (Barbados 1990-2025)
147
Table: Population By Age Group (Barbados 1990-2025)
147
Table: Population By Age Group % (Barbados 1990-2025)
148
Demographic Forecast
150
Table: Population Headline Indicators (Bahamas 1990-2025)
151
Table: Key Population Ratios (Bahamas 1990-2025)
151
Table: Urban/Rural Population & Life Expectancy (Bahamas 1990-2025)
152
Table: Population By Age Group (Bahamas 1990-2025)
152
Table: Population By Age Group % (Bahamas 1990-2025)
153
Demographic Forecast
155
Table: Population Headline Indicators (Cuba 1990-2025)
156
Table: Key Population Ratios (Cuba 1990-2025)
156
Table: Urban/Rural Population & Life Expectancy (Cuba 1990-2025)
157
Table: Population By Age Group (Cuba 1990-2025)
157
Table: Population By Age Group % (Cuba 1990-2025)
158
Demographic Forecast
160
Table: Population Headline Indicators (Dominican Republic 1990-2025)
161
Table: Key Population Ratios (Dominican Republic 1990-2025)
161
Table: Urban/Rural Population & Life Expectancy (Dominican Republic 1990-2025)
162
Table: Population By Age Group (Dominican Republic 1990-2025)
162
Table: Population By Age Group % (Dominican Republic 1990-2025)
163
Demographic Forecast
165
Table: Population Headline Indicators (Haiti 1990-2025)
166
Table: Key Population Ratios (Haiti 1990-2025)
166
Table: Urban/Rural Population & Life Expectancy (Haiti 1990-2025)
167
Table: Population By Age Group (Haiti 1990-2025)
167
Table: Population By Age Group % (Haiti 1990-2025)
168
Demographic Forecast
170
Table: Population Headline Indicators (Jamaica 1990-2025)
171
Table: Key Population Ratios (Jamaica 1990-2025)
171
Table: Urban/Rural Population & Life Expectancy (Jamaica 1990-2025)
172
Table: Population By Age Group (Jamaica 1990-2025)
172
Table: Population By Age Group % (Jamaica 1990-2025)
173
Demographic Forecast
175
Table: Population Headline Indicators (Puerto Rico 1990-2025)
176
Table: Key Population Ratios (Puerto Rico 1990-2025)
176
Table: Urban/Rural Population & Life Expectancy (Puerto Rico 1990-2025)
177
Table: Population By Age Group (Puerto Rico 1990-2025)
177
Table: Population By Age Group % (Puerto Rico 1990-2025)
178
Demographic Forecast
180
Table: Population Headline Indicators (Trinidad & Tobago 1990-2025)
181
Table: Key Population Ratios (Trinidad & Tobago 1990-2025)
181
Table: Urban/Rural Population & Life Expectancy (Trinidad & Tobago 1990-2025)
182
Table: Population By Age Group (Trinidad & Tobago 1990-2025)
182
Table: Population By Age Group % (Trinidad & Tobago 1990-2025)
183
Glossary
185
Table: Glossary Of Terms
185
Methodology
187
Industry Forecast Methodology
187
Sources
189
Risk/Reward Index Methodology
189
Table: Risk/Reward Index Indicators
190
Table: Weighting Of Indicators
191

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.