El Salvador - Telecoms, Mobile and Broadband - Statistics and Analyses
Sydney, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Just released, this edition of BuddeComm report outlines the latest developments and key trends in the telecoms markets. - https://www.budde.com.au/Research/El-Salvador-Telecoms-Mobile-and-Broadband-Statistics-and-Analyses/?utm_source=GNW
There has been some market consolidation in recent years, including Telemóvil’s acquisition of the regional cable TV provider Caribena Cable. In May 2019, the competition authority began assessing the sale of Telefónica El Salvador to América Móvil, which operates in the country under the Claro brand. Due to regulatory hurdles, América Móvil at the end of 2020 decided against buying the company. After some delay, Telefónica sold the unit in October 2021, though at a considerably reduced price.
BuddeComm notes that the pandemic continues to have a significant impact on the telecoms market. On the consumer side, spending on telecoms services and devices is under pressure from the financial effect of large-scale job losses and the consequent restriction on disposable incomes. However, the crucial nature of telecom services, both for general communication as well as a tool for home-working, has offset such pressures. In many markets the net effect has been a reduced (and sometimes negative) subscriber growth.
Overall progress towards 5G has been postponed or curtailed in some countries.
Although it is challenging to predict and interpret the long-term impacts of the crisis as it develops, these have been acknowledged in the industry forecasts contained in this report.
The report also covers the responses of the telecom operators as well as government agencies and regulators as they react to the crisis to ensure that citizens can continue to make optimum use of telecom services. This can be reflected in subsidy schemes and the promotion of tele-health and tele-education, among other solutions.
Nicolas Bombourg: [email protected] Europe office: +44 207 097 1241 Oceania Office: +61 280 767 665
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