IDC: LatAm Telecom Market Worth US$92bn in 2006

The Latin American telecommunications market generated revenues of US$92bn in 2006 compared to US$88bn in 2005, according to a recent study by tech consultancy IDC.

According to IDC, this figure represents 9% of the global telecommunications market.

"The region is seeing three key tendencies: mobility, convergence and broadband," IDC senior telecoms analyst for Latin America Diego Anesini told BNamericas.

The study stated that the telecommunications sector last year generated US$37.3bn in Brazil, US$20.3bn in Mexico, US$7.3bn in Argentina and US$2.9bn in Chile.

Chile is one of the leading early adopters of telecommunications technologies and has the highest broadband penetration rate in the region, Anesini said.

According to the study, mobile voice services represented 43% of revenues, fixed voice services (36%), fixed data services (12%) of revenues, broadband services (7%) and mobile data services (2%) of total revenues."

Posted to the site on 12th April 2007