Analyst: LatAm broadband penetration at 50% by 2020
May 22, 2019
Latin America’s broadband penetration reached 45 per cent of households in 2018 from a previous 43 per cent in 2017. Going forward, 10 million new accesses are expected within two years and internet household penetration will reach 50 per cent of households in 2020, according to GlobalData, a data and analytics company.
Ivan Maldonado, Technology Analyst at GlobalData commented, “The total number of fixed broadband household penetration will rise 2 per cent or 5 million broadband connections in 2019, driven by telecommunication operators, reaching a household penetration of 47 per cent for the same period.”
xDSL currently is the largest broadband category, accounting for 39 per cent of total subscriptions, with Cable a close second at 37 per cent of the total broadband connections. However, by year-end of 2019, cable subscriptions are expected to overtake xDSL as the predominant technology, largely due to the push by cable operators upgrading to HFC networks.
Maldonado added: “During 2019-2023, Fibre will be fastest growing access technology, and it will become the second largest technology access by year-end 2023, largely due to telcos’ investing in fiber rollouts.”