Synopsis
Fixed broadband penetration in Venezuela is below average for Latin America, lagging behind most of the region’s major markets. 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, broadband in Venezuela is slower and more expensive than in other Latin American countries. In fact, Venezuela’s mean download speed is the 11th slowest in the world, and the second slowest in Latin America after Bolivia. Pay TV penetration is relatively high for Latin America. The market leader is satellite TV operator DirecTV, closely followed by cable TV/triple play provider Inter. For digital terrestrial television, Venezuela has adopted the ISDB-Tb standard, and the first transmissions are expected to take place in five Venezuelan cities during 2011. 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 2010, 2015 and 2020.