TMCnet News
Venezuela - Telecoms, Mobile, Broadband and Digital Media - Statistics and AnalysesNEW YORK, Nov. 8, 2017 /PRNewswire/ -- Venezuelan economic crisis causing revenue chaos for telcos Venezuela's fixed-line teledensity remains relatively high for the region, though the steady growth in the number of lines in recent years has come to an end and by late 2016 fixed-line penetration dipped below 25%. Read the full report: https://www.reportlinker.com/p03567518 Three major players operate in the Venezuelan mobile market: Movilnet, the mobile subsidiary of state-owned CANTV, Movistar, the Venezuelan unit of Spain's Telefónica, and Digitel, a locally owned private company. In terms of revenue, the mobile sector accounts for about 60% of overall telecom sector revenue, compared to 7% for internet services and 14% for subscription TV services. This report provides an overview of Venezuela's telecom infrastructure, market and regulatory environment, together with profiles of major fixed-line operators. It also covers the mobile market, reviewing the main players and providing key market statistics and analyses. In addition the report covers the fixed and fixed-wireless broadband markets as well as the pay TV markets. Mobile and broadband subscriber forecasts are provided to 2022. Key developments: Movilnet starts offering long-distance telephony services; CANTV managing 22,000kms of fibre cabling; Falling GDP and lower revenue from oil exports continue to place a strain on consumer spend for telecom services; Movilnet sets up 280 LTE base stations as of June 2017; Mobile data traffic grows 21% in the third quarter of 2016, year-on-year; Movistar switches off its CDMA mobile and fixed-wireless voice and data network; Movilnet announces plan to close its CDMA infrastructure; CANTV makes progress with Wi-Fi rollout program; Report update includes the regulator's market data to September 2016, operators' data updates to Q2 2017, recent market developments. Companies mentioned in this report: CANTV, Movistar, Digitel, Inter, NetUno, Alodiga, Multiphone, Totalcom, Convergía, Movilnet, MovilMax, Tesacom, SuperCable, DirecTV. Read the full report: https://www.reportlinker.com/p03567518 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. https://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 View original content:http://www.prnewswire.com/news-releases/venezuela---telecoms-mobile-broadband-and-digital-media---statistics-and-analyses-300552493.html SOURCE Reportlinker |