Uruguay Telecom Growth Expected to Slow

Telecom News Editorials Reports Glossary

5:00 am on March 18, 2009 | Category: Business, Telecom Services

Signals Telecom Consulting has issued a new report predicting that Uruguay’s telecommunications sector will experience slower growth over the next few years, due to impending saturation of the consumer wireless market, as well as the weaker global economy.

“By 2013 we estimate that the market for mobile lines in Uruguay will have achieved real service penetration in the order of 97%,” predicted Signals’ market research director, Carlos Blanco.

The South American country’s high-speed internet market may also be nearing saturation, with broadband penetration now standing at 22.39%, higher than many of its neighbours, and the cost of DSL service remaining relatively high.