Venezuela - Telecom Market Trends, Key Statistics and Regulatory Overview

Synopsis

State-owned CANTV dominates Venezuela’s fixed-line, mobile, and broadband markets. Although a number of private operators compete in all three sectors, their business has been dwindling. While Venezuela’s economy contracted by 1.4% in 2010, its telecommunications industry registered a 9.3% growth, performing better than any other sector. But the expansion involved primarily CANTV, as most private companies in all but pay TV saw flat or declining results. Private telecom investment has been dampened by the country’s galloping inflation, the government’s nationalisation drive, a 50% currency devaluation in 2010, and foreign currency controls, among other factors. Nevertheless, some investment opportunities still exist, particularly for internet-based businesses. This report provides an overview of Venezuela’s telecom sector and regulatory environment, accompanied by statistical data, analyses, and outlook.

Table of Contents

• 1. Synopsis
• 2. Key statistics
• 3. Country overview
  • 3.1 Outlook
• 4. Telecommunications market
  • 4.1 Overview of Venezuela’s telecom market
  • 4.2 Market analysis – 2011
• 5. Regulatory environment
  • 5.1 Regulatory authority
    • 5.1.1 Telecom Ministry
    • 5.1.2 Conatel
• 6. Related reports

• Table 1 – Country statistics – 2011
• Table 2 – Telephone network statistics – 2011
• Table 3 – Internet user statistics – 2011
• Table 4 – Broadband statistics – 2011
• Table 5 – Mobile statistics – 2011
• Table 6 – National telecommunications authority
• Table 7 – Evolution of GDP in Venezuela – 2000 - 2011
• Table 8 – Fixed and mobile market share – 1998 - 2011
• Table 9 – Telecom revenues and investments – 2001 - 2011
• Table 10 – Telecom revenues by segment – 2008 - 2011

• Chart 1 – Fixed and mobile subscribers in Venezuela – 1998 - 2011
• Chart 2 – Evolution of revenues and investments – 2001 - 2011
• Chart 3 – Telecom revenue breakdown at a glance – 2011

• Exhibit 1 – Map of Venezuela