Synopsis
Internet and broadband penetration in Venezuela are below average for Latin America and much lower than would be expected, considering that the country’s GDP per capita is the highest in the region. State-owned incumbent CANTV has a monopoly in the provision of ADSL, with which it dominates the broadband sector. The only competition comes from cable modems, wireless broadband, and satellite. As a result, ADSL in Venezuela is slower and more expensive than in other Latin American countries. Inter occupies a distant second place after CANTV in the broadband market, with a triple-play package that includes cable TV, cable modem, and telephony. This report provides an overview of Venezuela’s Internet, broadband, and pay-TV markets, accompanied by relevant statistics, analyses, and broadband scenario forecasts for the years 2015 and 2020.