Chile’s mobile penetration is among the highest in South America, and as a result growth has slowed considerably. In 2015 the subscriber base fell 2% year-on-year, though some recovery is anticipated further into 2016 and 2017 as the availability of LTE networks and services widens. Movistar and Entel remain the market leaders, with a similar market share, while Claro accounts for about 23% 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, and rebranded as WOM in 2015.
All three MNOs had launched LTE networks by 2014, and since then a number of MVNOs have also launched services.
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 2021.
Movistar and Entel launch LTE services using the 700MHz band; regulator introduces a nine number dialling system for fixed and mobile lines; regulator renews Telcordia’s contract to administer MNP; 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; 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; report update includes the regulator’s market data updates to December 2015, telcos’ financial and operating data to Q1 2016, , recent market developments.
Companies mentioned in this report:
Entel, Movistar, Claro, Nextel, VTR, GTD, Virgin Mobile, Falabella.