BMI View: The region ' s telecoms markets are increasingly competitive, with four out of eight Central American countries having introduced mobile number portability. In several Central American markets, high mobile penetration rates have significantly slowed subscriber growth. However, markets such as Nicaragua offer considerable growth potential. Government intervention remains a problem in some regional markets such as Guatemala , where it is seemingly increasing . Across the region, data-driven 3G/4G services offer strong future potential and the region ' s largest operators are investing heavily into new infrastructure and technologies for such technological uptake .
We have revised our forecasts for the Guatemalan mobile market and hold the view that a much slower growth will be seen throughout our forecast period to 2020. Continued growth will also be counterbalanced by the deduction of inactive prepaid accounts from operators' reported total.
In El Salvador, which has one of the region's highest mobile penetration rates, the competitive environment is strong, but there are signs that subscriber growth is slowing down. We expect the trend of steady but moderate growth to continue throughout our forecast period to 2020. Operators, however, will have new opportunities in 3G and 4G services and offering mobile data products to their subscribers.
The high mobile penetration rate in Honduras suggests there is a high proportion of multiple SIM owners and inactive subscriptions that were taken up due to operator promotions. However, we believe operators will focus on driving up revenues from existing subscribers and focus less on acquiring new ones. This is amid an increasing focus on 4G and increasing availability of 3G and lower cost smartphones .
|Slowing Growth As Markets Mature|
|Mobile Penetration Rates|
|e/f = BMI estimate/forecast. Source: Operators, regulators, BMI|
The Central America Telecommunications Report features BMI Research's independent industry forecasts on the future strength of Panama, Guatemala, Nicaragua, El Salvador, Costa Rica, Belize, Honduras'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 Central America 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 Panama, Guatemala, Nicaragua, El Salvador, Costa Rica, Belize, Honduras.
- Benchmark BMI's independent telecoms industry forecasts for Panama, Guatemala, Nicaragua, El Salvador, Costa Rica, Belize, Honduras to test other views - a key input for successful budgeting and strategic business planning in the Panamanian, Guatemalan, Nicaraguan, Salvadoran, Costa Rican, Belizean, Honduran telecoms market.
- Target business opportunities and risks in Panama, Guatemala, Nicaragua, El Salvador, Costa Rica, Belize, Honduras's telecoms sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Panama, Guatemala, Nicaragua, El Salvador, Costa Rica, Belize, Honduras.
- Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity).
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).
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.
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.
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.