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August 27, 2010, Cambridge, Massachusetts - Costa Rica’s telecommunications market offers opportunities with its new liberalization, opening the door for competition across all segments and boosting mobile penetration to 136 percent by 2015 with prepaid subscriptions, according to a new report from Pyramid Research (www.pyr.com).
Costa Rica: Liberalization Will More Than Double Mobile Subscribers by 2015 offers a precise profile of the country’s telecommunications, media, and technology sectors based on proprietary data from our research in the market. It provides detailed competitive analysis of both the fixed and mobile sectors, tracks the market shares of technologies and services, and monitors the introduction and spread of new technologies. Download an excerpt of this report here.
Costa Rica is the last country in Latin America to liberalize its telecommunications industry. Now, the regulator in Costa Rica has been quite busy with the liberalization of fixed and mobile services taking place. “Costa Rica is auctioning three mobile licenses over the next few months, and the process is expected to be completed before year end,” says Jose Magana, Senior Analyst at Pyramid Research. “New regulation includes number portability and infrastructure sharing.”
“Mobile penetration of the population closed at 52 percent in 2009, one of the lowest rates in Latin America and not consistent with the income level of the population,” says Magana. “We forecast that after liberalization, mobile penetration will advance to 136 percent by 2015 with prepaid subscriptions accounting for 79 percent of the total, and that mobile revenue will advance to $831 million by 2015 from $603 million in 2009, with gains coming mostly from data services, such as mobile broadband.”
Due to the competitiveness of the new liberalized market and the attractiveness of mobile data services, 3G handsets will quickly gain share in the total base, even ahead of Costa Rica’s Central American peers. By 2015, 40 percent of all handsets will be 3G. “The lack of subsidies in Costa Rica make replacement of handsets very expensive for subscribers, but we forecast that competition will boost the adoption of advanced handsets, particularly among the high-end segment,” adds Magana.
Costa Rica: Liberalization Will More Than Double Mobile Subscribers by 2015 is part of Pyramid Research's Latin America Country Intelligence Report Series and is priced at $990. This report can be purchased online at www.pyr.comor by emailing us at info@pyr.com.
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About Pyramid Research
Pyramid Research (www.pyr.com) offers practical solutions to the complex demands our clients face in the telecommunications, media and technology industries. Our analysis is uniquely positioned at the intersection of emerging markets, emerging technologies and emerging business models, powered by the bottom-up methodology of our market forecasts for over 100 countries – a distinction that has remained unmatched for more than 25 years. As the telecom research arm of the Light Reading Communications Network, Pyramid Research works with Heavy Reading, providing the communications industry's most comprehensive market data, trusted research and insightful technology analysis.
About Light Reading
Founded in 2000, Light Reading (www.lightreading.com) is the leading online media, research, and event focused company serving the $3 trillion worldwide communications market. Lightreading.com is the ultimate source for technological and financial analysis of the communications industry, leading the media sector in terms of traffic, content, and reputation. Light Reading’s research arms, Heavy Reading and Pyramid Research, provide the most comprehensive communications research, market data, and technology analysis in close to 100 markets around the world. Light Reading produces nearly 20 targeted communications events including TelcoTV, and TelcoTV Asia, Ethernet Expo New York and Ethernet Europe, and The Tower Summit @ CTIA, as well as focused one-day events tailored for cable, mobile, and wireline executives in the US, Europe, India, and China. Light Reading was acquired by United Business Media in August 2005 and operates as a unit of TechWeb.
About UBM TechWeb
UBM TechWeb (http://www.ubmtechweb.com/), the global leader in technology media and business information, enables people and organizations to harness the transformative power of technology. Through its core businesses - media solutions, marketing services, and professional information - UBM TechWeb produces the most respected and consumed brands, applications, and services in the technology market. More than 14.5 million business and technology professionals (CIOs, IT and IT Support managers, Web and digital professionals, software and game developers, government decision makers, telecom providers and business executives) actively participate in UBM TechWeb’s communities. UBM TechWeb brands include: global face-to-face events such as Interop, Game Developers Conference (GDC), Web 2.0, Black Hat, and VoiceCon; large-scale online networks such as InformationWeek, Light Reading, and Gamasutra; research, training, and certification services, including HDI, Pyramid Research, and InformationWeek Analytics; and market-leading magazines such as InformationWeek and Wall Street & Technology. UBM TechWeb is part of UBM, a global provider of media and information services for professional B2B communities and markets.
Press Contact:
Jennifer Baker
Pyramid Research
+1 617-871-1910
jbaker@pyr.com
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