Peru Telecommunications Report

Published 15 July 2015

  • 68 pages
  • Instant access to your report online and PDF format through your account library
  • Includes 3 free updated quarterly reports
Peru Telecommunications Report

BMI View : The Peruvian telecoms industry has strong potential for growth, despite the effective duopoly of Telefonica's Movistar and Telmex's Claro. The two companies took nearly 95% of the mobiles market in Q215, Telefonica leads the broadband and pay-TV sector and both offer triple-play packages rivals cannot compete with. However, with 4G auctions and Virgin Mobile, AT&T and Falabella prospectively the first MVNOs in H215, competition is set to intensify and push down prices for end users. BMI supports the view that Azteca's Fibre Optic Backbone Network, set to be completed in March 2016 will significantly boost broadband coverage, although mobile broadband will continue to be a key growth area. Despite telecoms penetrations lagging behind many other countries in the region, the market is innovative with mobile banking and OTT TV launching. Due to Peru's size, stronger long-term growth can be achieved if infrastructural problems and piracy are overcome.

Key Data

  • Mobile subscriptions rose to 31.5mn in 2014 with strong net additions of 1.4mn. This followed a decline of 1.9% in 2013 with penetration falling to 96%, although this will return to over 100% in 2015. The decline was a one-off event due to a change in Claro's churn policy, with more stable growth forecast towards 37mn in 2019.

  • Nearly 18% of the market take 3G services and this is set to grow to near a third of subscribers by 2019. 4G connections reached 2mn by May 2015, with 700,000 additions from end-2014. The big three operators offer 4G, but Claro leads the way with 1mn subscribers.

  • Internet users continue to rise, up 9% to 8.7mn in 2014 but the country's geography limits expansion of infrastructure. Fixed line penetration has struggled to remain over 10% so there is great potential for mobile broadband services across the country. Just 29% of Internet users will take fixed line broadband in 2019.

  • Due to widespread piracy across the region and slow progress towards digitisation...

BMI Industry View
SWOT Analysis
SWOT Mobile
Operational Risk
Industry Forecast
Table: Telecoms Sector - Historical Data & Forecasts (Peru 2012-2019)
Industry Risk Reward Index
Industry Risk Reward Ratings
Table: Latin America - Q4 2015
Market Overview
Table: Peru Mobile Subscriptions By Contract ('000)
Table: Pay-TV Subscriptions In Lima, 2014
Table: Peru Fixed Line Data, 2007-2014
Table: Fixed Lines In Service By City, Q115
Regulatory Development
Table: Peru: Regulatory Bodies And Their Responsibilities
Industry Developments
Competitive Landscape
Table: Movistar
Table: Claro
Table: Entel (formerly Nextel)
Company Profile
Telef-nica del Per-
Telef-nica M-viles Per- (Movistar)
Am-rica M-vil Per- (Claro)
Entel Per-
Demographic Forecast
Table: Population Headline Indicators (Peru 1990-2025)
Table: Key Population Ratios (Peru 1990-2025)
Table: Urban/Rural Population & Life Expectancy (Peru 1990-2025)
Table: Population By Age Group (Peru 1990-2025)
Table: Population By Age Group % (Peru 1990-2025)
Table: Glossary Of Terms
Industry Forecast Methodology
Risk/Reward Index Methodology
Table: Risk/Reward Index Indicators
Table: Weighting Of Indicators

The Peru Telecommunications Report features BMI Research's independent industry forecasts on the future strength of Peru'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 Peru 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 Peru.

Key Benefits

  • Benchmark BMI's independent telecoms industry forecasts for Peru to test other views - a key input for successful budgeting and strategic business planning in the Peruvian telecoms market.
  • Target business opportunities and risks in Peru's telecoms sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Peru.
  • 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).

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.


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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