Subscriptions In the Honduras Telecom Market Will Surge to 30 Percent by 2014,
Pyramid Research Finds
CAMBRIDGE, Mass., Apr. 8 /PRNewswire-AsiaNet/ --
3G subscriptions in the Honduras telecommunications market will surge to
30 percent by 2014, up from 2 percent today, according to a new report from
Pyramid Research (www.pyr.com), the telecom research arm of the Light Reading
Communications Markets in Honduras offers a precise, incisive profile of
the country's converged telecommunications, media, and technology sectors
based on proprietary data from our research in the Honduran market. This
26-page report provides detailed competitive analysis of both the fixed and
mobile sectors, tracks the market shares of technologies and services, and
monitors the introduction and spread of new technologies such as WiMax, IPTV,
and VoIP. This executive study provides a holistic view of the Honduran
communications market by analyzing key trends, evaluating near-term
opportunities, and assessing upcoming risks factors. Download an excerpt of
this new report here:
With a total revenue of $863 million in 2008, the telecommunications
market in Honduras ranks 14th in Latin America and fourth in Central America.
However, the market will expand at a CAGR of 4.6 percent over the next five
years, the fourth highest expansion rate in the region, notes Jose Magana,
analyst at Pyramid Research and co-author of the report.
"The mobile market in Honduras is rapidly expanding from subpar
penetration levels seen over the last few years compared with more dynamic
markets in Central America," says Magana. "Mobile penetration, which closed
at 87 percent in 2008, will advance to 109 percent at the end of the forecast
period. Currently, 3G+ subscriptions account for less than 2 percent of the
total base, but Pyramid anticipates they will represent more than 30 percent
by 2014," he adds.
"Claro launched 3G services in early 2008 under the UMTS standard, then
launched the iPhone in Q4 2008, also promoting its 3G services such as video
calls and mobile Internet," Magana explains. "Tigo is expected to follow in
2009 using HSDPA, since its operations in Guatemala and El Salvador already
enjoy 3G coverage under that standard," he continues. Tigo enjoys over 70
percent of this voice-centric market, giving the company leeway to deploy
advanced networks, paying careful attention to their cash balances as the
financial crisis makes financing expansions more costly.
Communications Markets in Honduras is part of Pyramid Research's Latin
America Country Intelligence Report Series. Pyramid Research's premium
Country Intelligence Reports are the industry's best available analysis on
market trends, regulatory environments, and competitive dynamics for 60
countries worldwide.
Download an excerpt of this new report here:
Communications Markets in Honduras is priced at $990 and can be purchased
online here:
through Dave Williams via email at dave.williams@pyr.com or telephone at
+1 858-485-8870.
For more information about Pyramid Research's products and services,
please visit www.pyr.com or contact us at info@pyr.com.
About Pyramid Research
Pyramid Research (www.pyr.com) offers practical solutions to the complex
demands our clients face in the telecommunications, media and technology
industries. Our analysis is uniquely positioned at the intersection of
emerging markets, emerging technologies and emerging business models, powered
by the bottom-up methodology of our market forecasts for over 100 countries-a
distinction that has remained unmatched for more than 25 years. As the
telecom research arm of the Light Reading Communications Network, Pyramid
Research works with Heavy Reading, providing the communications industry's
most comprehensive market data, trusted research and insightful technology
analysis.
About Light Reading
online media, research, and focused event company serving the $3 trillion
worldwide communications market. Lightreading.com is the ultimate source for
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Light Reading was acquired by United Business Media in August 2005 and
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About TechWeb
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*13.3 million business decision-makers: based on number of monthly
connections
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jbaker@pyr.com
SOURCE: Pyramid Research
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