While telecoms revenue is expected to dip in Mexico for 2017, down 6.8 percent on 2016 to $16.9bn, between now and 2022 it will be one of the fastest growing markets in Latin America.
The market in Mexico has lost over a third of its US-denominated value since 2012, the combined result of a weakened peso, regulatory measures imposed on market leaders Telmex and Telcel and competition driving down prices.
[verdict_chart id=”23922″]Over the next five years the industry is forecast to grow at 5.2 percent, driven by increased competition between more evenly sized players, as Grupo Televisa and AT&T expand their presence to challenge Telmex and Telcel.
New projects like Altan’s Red Compartida LTE wholesale network and the Red Troncal fiber-optic backbone owned by CFE will drive new users.
Mobile data and fixed broadband will see the biggest revenue increases over the next five years, with a combined $7.6bn lift between 2016 and 2022.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
