Venezuela 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.
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Venezuela Telecommunications Report
Product Price
$1,295.00

BMI View : The election of a more pro-b usiness government offers hope that Venezuela's stagnant telecoms market can be reinvigorated through the application of external investment. However, the judiciary and civil service are largely manned by socialist sympathisers , and we expect efforts to privatise incumbent CANTV will be resisted. Additionally, economic reforms will be slow to be applied and slower still to bring any tangible benefits, meaning that disposable incomes will remain low. Furthermore, the macroeconomic situation keeps deteriorating in the country with most recent news suggesting electricity blackouts and reduced workdays as the cash-strapped government looks to cope with its fiscal woes.

Saturation And Falling Incomes Impede Growth
Venezuela Mobile Market Forecasts
e/f = BMI estimate/forecast. Source: BMI, Conatel

Latest Updates And Industry Developments

  • The mobile market shrank markedly in 9M 15 owing to the disconnection of inactive accounts and falling incomes. 3G/4G uptake proved more vibrant than expected due to state subsidies and enforced low tariffs.

  • The market posted a strong rebound according to official data, adding over 1.6mn subscribers in Q415, ending the year with 32.310mn subscribers.

  • The 'broadband' market has been shrinking as consumers discard dedicated mobile broadband access in favour of smartphone-delivered voice-and-data services . The ageing last-mile access network of CANTV cannot support wireline broadband expansion unless significant investment is obtained. We forecast 3.5mn broadband subscriptions by 2020, versus 3.4mn at the end of 2015.

BMI Industry View
7
SWOT
8
Industry SWOT
8
Industry Forecast
10
Latest Updates
10
Structural Trends
10
Table: Telecoms Sector - Historical Data & Forecasts (Venezuela 2013-2020)
13
Industry Risk/Reward Index
14
Latin America Telecoms Risk Reward Index
14
Table: Latin Americas Telecoms Risk/Rewards Index - Q216
16
Industry Risk/Rewards Index
18
Market Overview
19
Market Drivers & Trends
19
Mobile
19
Wireline Voice & Broadband
24
Table: Venezuela: Quarterly Broadband Subscribers (000) And Internet Revenues, 2013-2015
26
Pay-TV/Convergence
26
Table: Venezuela: Quarterly Pay-TV Subscriptions (000) And Revenues
27
Regulatory Development
29
Regulatory Overview
29
Table: Venezuela Regulatory Bodies And Their Responsibilities
29
Regulatory Developments
30
Competitive Landscape
32
Table: Key Players - Venezuelan Telecoms Sector
32
Mobile Operator Data
33
Table: Venezuela Mobile Market 2013-2015
33
Table: Movilnet
33
Table: Telefonica Movistar
34
Table: Digitel
34
Company Profile
35
Telef-nica M-viles Venezuela
35
Corporaci-n Digitel
38
Demographic Forecast
41
Demographic Outlook 2015
41
Table: Population Headline Indicators (Venezuela 1990-2025)
42
Table: Key Population Ratios (Venezuela 1990-2025)
42
Table: Urban/Rural Population & Life Expectancy (Venezuela 1990-2025)
43
Table: Population By Age Group (Venezuela 1990-2025)
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Table: Population By Age Group % (Venezuela 1990-2025)
44
Glossary
46
Table: Glossary Of Terms
46
Methodology
48
Industry Forecast Methodology
48
Sources
50
Risk/Reward Index Methodology
50
Table: Risk/Reward Index Indicators
51
Table: Weighting Of Indicators
52

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

Key Benefits

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