ERRATUM: 3.5G and 4G Devices to Account for Nearly Half of all Mobile Devices Sold in Latin America in 2016

CAMBRIDGE, Mass., Nov. 17, 2011 /PRNewswire/ -- 3G and LTE networks are quickly displacing 2G in Latin America, with 3.5G and 4G to account for nearly half of all mobile devices sold in the region in 2016 according to Vinicius Caetano, Senior Analyst at Pyramid Research (www.pyr.com) who discussed trends in Latin America's LTE market in a live webinar produced by TeleSemana (www.telesemana.com) yesterday.

During this live webinar for Latin American service providers, Caetano presented Pyramid's predictions on how mobile revenues in Latin America will represent twice the amount of the revenues in the fixed communication market by 2015, and that in order to keep up with increasing data usage, networks in the region must adapt and evolve.  

"Within 3-4 years of its first deployments in the region, 3G networks already account for 26% of the subscriptions in service in Latin America," says Caetano. "In fact, 41% of all mobile phones sold in Latin America in 2011 will be based on the 3G technology."

With the high speeds already provided by 3G, Pyramid Research expects that LTE will take a little longer to develop. "Even so, we expect LTE subscriptions to account for 6.9% of all mobile subscription in Latin America in 2016, which is 4 years after its first commercial deployments in 2012", Caetano explains. "In 2016, 3.5G and 4G devices will account for 47% of all mobile devices sold."

The webinar is a result of Pyramid's partnership with TeleSemana to help both companies better serve the Latin American telecom industry, and is one of several collaborative webinars scheduled between the two organizations.

Register to view a replay of the webinar at no charge:  http://www.telesemana.com/blog/2011/10/20/testeando-lte-cuanto-han-cambiado-realmente-las-reglas-del-juego/.  

For more information on Pyramid's research and analysis on Latin America's telecom market, please visit www.pyr.com, or click on one of the related products below.  If you are a Pyramid client, and would like to add the content below to your account, please contact us at [email protected].

Latin America Demand Forecasts

Pyramid Research renowned market forecasts follow a structured methodological approach to forecasting. Our forecasts provide intelligence at both the country, regional and operator level for approximately 20 markets in Latin America.  

Country Intelligence Reports

Pyramid Research's premium Country Intelligence Reports are the industry's best available analysis on market trends, regulatory environments and competitive dynamics. Each report offers a precise, incisive profile of the converged telecommunications, media and technology sectors, based on proprietary data from Pyramid Research's country-by-country research.

Latin America Telecom Insiders

Telecom Insiders deliver concise, data-driven analysis of emerging market and service trends affecting the Latin-American region. Each Insider report is packed with trend analysis, industry best practices, market sizing and forecasting, competitor analysis, and case studies ― all the essential information to make more informed business decisions.

SOURCE Pyramid Research

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