Wednesday, 28 January 2015
Honduras: Operators Speed up 3G Buildout to Comply With LTE License Terms, Accelerating Data Adoption Market, Trends, Share, Size Research Report
With revenue of $1.4bn in 2014, or 6.9% of GDP, the telecom services market in Honduras was the 13th largest in Latin America and the third largest in Central America, after Guatemala ($3.1bn) and Panama ($1.4bn). We project that between 2014 and 2019, telecom service revenue will expand at a CAGR of 2.4%, the lowest growth rate for the whole Central American region, after El Salvador. The mobile data segment will remain one of the fastest-growing segments in Honduras, expanding at a 7.7% CAGR over the forecast period, increasing its share to 19.5% of total telecom service revenue by year-end 2019. Honduras closed 2014 with a fixed-line penetration rate of 9.5%, below the Latin American average of 15.1% and also below neighboring Guatemala (12.1%) and El Salvador (13.5%). Low levels of penetration in the fixed market can be mainly attributed to a historical lack of investment in network infrastructure. Browse Full Report @ http://www.researchmoz.us/honduras-operators-spee
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