According to Frost & Sullivan, increasing investments in network coverage expansion, coupled with the enhanced political and economic stability in most Latin American countries, is driving the fixed broadband services market in the region. Furthermore, the low level of broadband penetration in some Latin American countries is opening up opportunities for service providers in the space.
The research house finds that the market earned revenues of $11.75 billion in 2013 and estimates it to reach $18.40 billion in 2018. The study covers ADSL, cable, wireless and fiber-to-the-home (FTTH) technologies. FTTH is emerging as the most promising technology in many countries across Latin America.
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