Forecast: Number of Fixed Telephone Subscriptions in Chile

The number of fixed telephone subscriptions in Chile exhibited a declining trend from 2013 to 2023, decreasing from 3.3472 million to 2.0042 million. The year-on-year variations show a consistent decline post-2016, with notable decreases of -11.72% in 2022 and -9.59% in 2023. The 5-year CAGR leading up to 2023 averaged -7.73%, indicating a steady yearly decrease in fixed telephone subscriptions.

Looking forward, the forecast anticipates a continuation of this decline, with subscriptions expected to reach 0.96819 million by 2028. The 5-year forecasted CAGR is -11.59%, projecting a 46% reduction over this period. The primary trends to watch for include ongoing technological advancements, increased mobile and internet penetration rates, and a potential pivot towards more modern communication technologies that may further accelerate the decline of fixed telephone usage in Chile.