Chile’s mobile penetration is one of the highest in South America, and as a result growth has slowed considerably. Movistar and Entel are the market leaders with a similar market share, while Claro accounts for about 24% of the market. There are a number of smaller MVNOs which together have 3% of the market.
Mobile number portability has helped to increase competition and reduce prices for consumers. Of the MVNOs, Falabella Movil and Virgin Mobile are the two largest, while Nextel Chile was sold in mid-2014 by NII Holdings.
All three MNOs had launched LTE networks by 2014, and in late 2015 trials provided data at up to 2050Mb/s.
The sale of smartphones in increasing rapidly, driven by the popularity of social media and improved 3G and LTE coverage, as well as by the reduction in the price of devices.
This report provides an overview of the mobile market in Chile, including and a profile of mobile operators and key MVNOs, market statistics and market analyses. It also contains scenario forecasts to 2020.
Entel trials LTE-A, providing mobile data at up to 250mb/s; Nextel Chile sold to Novator Partners, and rebrands as WOM; Spanish bank BBVA launches a mobile wallet solution; regulator begins 700MHz spectrum allocation process; MTRs set to fall 73% over five years; regulator negotiates reduced roaming charges with Argentina and Peru; Chile’s Tower Act helps promote MVNOs and infrastructure sharing; regulator bans the sale of carrier-locked handsets, orders operators to unlock devices free of charge; VTR closes down its wireless network to become solely an MVNO; Claro expands LTE service; telcos’ financial and operating data to Q3 2015; regulator’s market data updates to June 2015; recent market developments.
Companies mentioned in this report:
Entel, Movistar, Claro, Nextel, VTR, GTD, Virgin Mobile, Falabella.