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Latin America telecoms market: trends and forecasts 2019–2024

Jakub Konieczny Research Analyst
Rémy Giraud Analyst, Research
Julia Martusewicz-Kulinska Senior Analyst, Research

"Fixed broadband revenue in Latin America will increase at a CAGR of 5.3% between 2018 and 2024, driven by the rapid adoption of NGA-based and 4G/5G BFWA services."

The telecoms sector in Latin America (LATAM) will grow slowly between 2019 and 2024, driven by mobile data services and the increased adoption of next-generation access (NGA). This report provides a full update of our 5-year forecast of more than 180 mobile and fixed KPIs for LATAM as a whole and for six key countries.

This report and associated data annex provide:

  • a 5-year forecast of more than 180 mobile and fixed KPIs for the LATAM region as a whole and for six key countries
  • an in-depth analysis of the trends, drivers and forecast assumptions for each type of mobile and fixed service, and for key countries
  • an overview of operator strategies and country-specific topics, in order to highlight similarities and differences by means of a cross-country comparison
  • a summary of results, key implications and recommendations for mobile and fixed operators.


Geographical coverage


Key performance indicators

Region modelled

  • Latin America (LATAM)


Countries modelled individually

  • Argentina
  • Brazil
  • Chile
  • Colombia
  • Mexico
  • Peru





  • Handset, mobile broadband, IoT
  • Prepaid, contract
  • 2G, 3G, 4G, 5G
  • Smartphone,



  • Voice, broadband, IPTV, dial-up
  • Narrowband voice, VoBB
  • DSL, FTTP/B, cable, BFWA, 5G, other


Fixed and mobile voice traffic

  • Outgoing minutes, MoU



  • Service, retail
  • Prepaid, contract
  • Handset, mobile broadband, IoT
  • Handset voice, messaging, data



  • Service, retail
  • Voice, broadband, IPTV, dial-up, business services
  • DSL, FTTP/B, cable, BFWA, other


Mobile ARPU

  • SIMs, handset
  • Prepaid, contract
  • Handset voice, data