Venezuela - Telecoms, Mobile and Broadband - Statistics and Analyses

Venezuela - Telecoms, Mobile and Broadband - Statistics and Analyses

  • November 2021 •
  • 159 pages •
  • Report ID: 5622704 •
  • Format: PDF
Venezuela’s telecom sector continues to feel the pinch

All areas of Venezuela’s telecom market have been affected by the ongoing economic crisis.

The stress on household expenditure has resulted in lower revenue for operators, while the exceptional hyperinflation has rendered it difficult for telcos to pay for the equipment necessary to maintain or upgrade infrastructure. This difficult environment has been exacerbated by the decline in the population, as a growing number of Venezuelans seek economic opportunities in neighbouring countries.

Among South American countries, Venezuela ranks last for fixed and mobile broadband penetration, placing the country among the lowest in the region in BuddeComm’s Telecom Maturity Index.

Key developments:


  • Simon Bolivar Satellite (VeneSat-1) drifts off its allocated orbital path and becomes non-operational;

  • AT&T closes its DirecTV Latin America unit in Venezuela due to US sanctions, Chilean investment firm Scale Capital acquires DirecTV’s operations, aims to launch mobile services;

  • Pluto TV launches ad-supported streaming platform;

  • Chilean investment firm Scale Capital acquires DirecTV’s operations, aims to launch mobile services;

  • Conatel awards new ISP licence to Conext Venezuela;

  • Report update includes the regulator’s market data to December 2019, operator data updates to Q4 2020, Telecom Maturity Index charts and analyses, assessment of the global impact of Covid-19 on the telecoms sector, recent market developments.


Companies mentioned in this report:
Movilnet, Movistar, Digitel, MovilMax, Tesacom, CANTV, Inter, NetUno, SuperCable, Alodiga, Multiphone, Totalcom, Convergía
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