Nicaragua telecoms market ripe for investment
23 May 2012 |
Nicaragua’s telecommunications market generated $506 million in 2011, increasing slightly on 2010, according to Pyramid Research.
Growth is forecast to come from data services over the next few years. Broadband revenue is expected to expand from $22 million in 2011 to $51 million in 2016 with a CAGR of 18.2%. Pay-TV services are forecast to grow at a CAGR of 6.4% reaching over $47 million in revenue in 2016, up from $34 million in 2011.
Mobile voice is expected to rise 2.2% over the forecast period as mobile adoption increases. VoIP will rapidly expand at a CAGR of 56.3% over the forecast period, but will only account for 1% of total revenues in 2016.
Low penetration levels across all services mean that the Nicaraguan market is ripe for investment.
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