Nicaragua’s mobile penetration will top 80 percent by 2015 from
53.9 percent in 2010, according to research.
A report from Pyramid Research said the
expansion of prepaid subscriptions and urban mobile broadband
connections were driving the increase.
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Mobile penetration in Nicaragua is
expected to grow at a CAGR of 6.5 percent over the next five years
to advance from $478 million for 2010 to $655
million in 2015, well ahead of the 3.7 percent average
expected for Latin America, said Jose Magana, senior
analyst at Pyramid Research.
“In Central America, the growth rate
in Nicaragua will be the fastest of all countries due to
its still-early stage of penetration in mobile services and our
expectation for growth even in the fixed sector.”
Mobile penetration in Nicaragua will
close at 53.9 percent in 2010, the lowest in Central
America.
“The low competitiveness of the market, with
just two mobile operators, paired with the lowest income in the
region curbs the adoption of services,” Magana said.
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By GlobalData“There is still a large percentage of the
population underserved; by the same token, experiences
in Africa with mobile payments and health initiatives
prove that there are opportunities for operators if services
targeting the bottom of the pyramid succeed.”
