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Venezuela - Telecoms Infrastructure, Operators, Regulations - Statistics and Analyses

  • December 2016
  • 18 pages
  • Paul Budde Communication Pty Ltd
Report ID: 3567529

Summary

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Venezuela's fixed-line teledensity remains relatively high for the region, though steady growth in the number of lines in recent years came to an end in 2015, when the number of lines in service fell 3.5% year-on-year.
In the local telephony market, five companies compete with state-owned incumbent CANTV: Convergia Venezuela, Telemic (Intercable), Movistar, Digitel and Veninfotel Communications. Convergia and Inter are primarily cable TV companies which provide fixed-line services over their cable TV network as part of bundled packages (including pay TV and broadband), while Movistar and Digitel are primarily mobile operators.

With a continuing economic crisis and high inflation, as well as lower prices for the country's key export commodity, oil, the general outlook for 2017 is not promising. A new government elected in December 2015 plans to amend the Telecommunications Act, while there are indications that it may also privatize CANTV, the main telecom player nationalised in 2007.
Despite the economic troubles, there is growth in some sectors, including LTE, satellite-based pay TV services and videostreaming. CANTV, and its main competitors Movistar and Digitel have maintained ambitious investment plans, largely aimed at improving their networks and expanding the reach and capabilities of new technologies and services.

This report provides an overview of Venezuela's telecom infrastructure, market and regulatory environment, together with profiles of major fixed-line operators. It also provides a range of statistics and market analyses.

Key developments:

Election of new government prompts consideration of CANTV privatisation; CANTV completes installation of 5,700kms of new fibre cabling; falling GDP and lower revenue from oil exports continue to place a strain on consumer spend for telecom services; high smartphone penetration encouraging growth in mobile data; report includes the regulator's market data to December 2015, operator data to Q3 2016, recent market developments.

Companies mentioned in this report:

CANTV, Movistar, Digitel, Inter, NetUno, Alodiga, Multiphone, Totalcom, Convergía.

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