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Market Report, "Caribbean Telecommunications Report Q3 2011", published

Recently published research from Business Monitor International, "Caribbean Telecommunications Report Q3 2011", is now available at Fast Market Research

 
PRLog - Jul. 19, 2011 - As we publish our first report for 2011, all of BMI's forecasts have been extended to 2015. Our outlook  on the mobile sector varies widely across the region over this time horizon, with penetration rates inching  less than 4 percentage points (pps) in Trinidad & Tobago, while surging more than 20pps in the Bahamas.  Without a doubt, one of the most anticipated events in the Caribbean telecoms industry has been the  privatisation of Bahamas Telecommunications Company (BTC). After much speculation and years of  delays, it seems that the dust is finally settling. Cable & Wireless Communications (CWC) has signed a  memorandum of understanding (MoU) with the Bahaman government to buy a 51% stake in BTC, with a  three-year exclusivity deal to provide mobile services in the country. CWC agreed to pay US$210mn for  the stake, and the government will retain the remaining 49%.  Haiti, as it struggles to get its recovery from the massive earthquake early 2010 on firm footing, presents  unique challenges. Heightened political tension due to the perceived mishandling of the reconstruction  effort, along with an outbreak of cholera blamed on foreign soldiers, have made an already difficult  situation worse. Nevertheless, our longer-term outlook for mobile operators in the country is positive, as  we expect Haiti to become a fast-growing market, increasing the total number of subscriptions by 50%  over the next five years. Mobile banking was announced on the island in November 2010 and is expected  to provide a valuable service to unbanked Haitians, as well as create a new way to drive mobile growth.  Cuba saw a remarkable spike in net additions to mobile subscriptions in Q210, but this was tempered by  much more subdued growth in Q310. It appears that BMI's hopes that the long-awaited take-off in the  sector had finally begun in earnest will have to be put on ice. The sector still saw healthy growth for the  quarter, 4% q-o-q and over 40% y-o-y, but after a 23% increase in Q310, the data was somewhat  disappointing. We still believe that growth will accelerate to eventually take advantage of the huge  unserved demand for mobile services on the island. This is reflected in our forecasts, which indicate that  penetration will rise to 22.1% by 2015 (from 5.5 in 2009).  While mobile saturation is an issue in some markets, there is still ample room for growth in the provision  of broadband services. We expect two countries (Martinique and Barbados) to edge towards 60%  broadband penetration rate by 2015, which is impressive by any standard. Most of the other Caribbean  economies will likewise see strong growth, with the lone exceptions of Haiti and Cuba, which suffer from  unfavourable political and economic environments.  Fixed lines are declining in many markets where they must compete with mobile services, but continue to  climb in Cuba. Curiously, fixed line growth outpaced mobile growth in Q310 in Puerto Rico. While we  do not expect this to be a trend reversal in the country (where fixed lines have been declining over the  past decade), it does show that fixed lines can still show signs of life in a largely wireless age.
About Business Monitor International

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Full Report Details at
- http://www.fastmr.com/prod/208436_caribbean_telecommunica...
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Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets.  BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports.  Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports.  View more research from Business Monitor International at http://www.fastmr.com/catalog/publishers.aspx?pubid=1010

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

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Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

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Source:Fast Market Research
Phone:1.800.844.8156
Zip:01267
State/Province:Massachusetts - United States
Industry:Telecom, Technology, Mobile
Tags:mobile, q310, broadband, btc, ampamp, Wireless, island, subscriptions, saw, cwc
Shortcut:prlog.org/11589748
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