Latin American mobile market to double in six years, says new report from Telecom Trends International

By 2008, GSM Technology Families to Capture Over 50 Percent of the Latin American Market

Report Highlights Strategies Operators Should Adopt for Market Success

The Latin American mobile market will more than double over the next six years – growing from 98.7 million subscribers in 2002 to 209.0 million subscribers in 2008, according to a report, “Latin American Mobile Market: Trends and Forecasts,” published by market research firm, Telecom Trends International (TTI).

According to the market analysis report, TDMA continued to dominate the market with 59.5 percent of subscribers in 2002. CDMA technologies – cdmaOne and 1X – had 27.6 percent of the subscribers, followed by GSM/GPRS technologies which had 7.3 percent of the subscribers. Over the next few years, GSM will emerge as the dominant technology, with the GSM family of technologies, including GPRS, EDGE, and W-CDMA, having 53 percent of the market by 2008, the report said.

Mobile communications have been the fastest growing segment of Latin America 's telecommunications industry, said Jose Otero, the author of the report. However, as market matures and the potential addressable market decreases mobile operators need to reinvent their position in the market to minimize customer churn and improve overall ARPU, he said

The TTI report presents an overview of the major challenges and opportunities faced by operators in Latin America . According to the report, the Latin American mobile market presents great opportunities for those vendors and operators. The report addresses the importance of understanding the dynamics of Latin America ’s mobile market conditions in order to identify available opportunities as well as market trends.

Source: Telecom Trends International

About Telecom Trends International
Telecom Trends International (TTI) is a leading consulting and market research company that offers expert advice on emerging telecommunications developments. TTI conducts leading-edge research on trends and developments in the telecommunications marketplace, and disseminates that research through published reports, custom projects, briefings, and advisory services. The company performs market analysis, technology assessment, strategic planning and due diligence.