Publication Date: March 2024
Report Pages: 126
Analyst: Henry Lancaster
The Dominican Republic’s telecom sector continued its solid though unspectacular form throughout 2020 and into 2021, shrugging off the economic turmoil unleashed by the Covid-19 pandemic to maintain a decade-long run of low but positive growth across all areas of the market.
A show of stability in the face of widespread disruption is a sure sign of strength in the sector, yet the Dominican Republic remains behind most of its counterparts in the Latin American region, especially in terms of fixed-line network coverage. Mobile penetration is more on a par with the regional average, but at penetration levels of around 88% there is still ample opportunity for growth.
In terms of growth, the standout winner was once again the mobile broadband segment. The market was expected to have seen close to 8% growth in 2021, building further on the gains it made in 2020 when lockdowns and work-from-home rules encouraged many people to find ways to upgrade their internet access and performance. The limited coverage of fixed-line broadband networks makes mobile the first, if not only, choice for most people in the country.
Claro Dominicana (América Móvil); Altice Dominicana; Orange Dominica; Tricom; Viva (Trilogy Dominicana); Centennial Dominicana; BEC-Tel; Wind Telecom; Onemax.
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