Peru Telecoms Market Report

Telecoms, Mobile and Broadband - Statistics and Analyses

Report Cover Image New Release

Last updated: 29 Jan 2025 Update History

Report Status: Current

Report Pages: 236

Government support improves LTE availability in Peru’s rural areas

Revenue from Peru’s telecom sector quickly recovered from the downturn caused by the pandemic in 2020, though this was inconsistent, with revenue having fallen 2.5% in 2023, year-on-year. However, investment in network infrastructure increased 5.3% in the year. Investment has mainly been focused on rolling out fibre infrastructure for fixed broadband services, and on expanding the reach of LTE to rural areas.

Mobile services based on 5G are underdeveloped, with less than 2% of the nation’s 1,891 districts being covered. This is largely due to the existing capacity of LTE networks being able to satisfy the data requirements of subscribers. The main telcos have also taken the Non-Standalp0ne path for 5G, meaning that such services are based on LTE networks. To address this, the telecom regulator in August 2024 issued a decree to assign spectrum directly to licensees’ based on their commitments to provide standalone 5G coverage in underserved rural areas and along national highways. Spectrum to be made available later in 2025 includes 300MHz in the 3.3-3.4GHz and 3.6-3.8GHz bands as well as 800MHz in the 25.9-26.7GHz band, with concessions to be valid for 20 years.

Key developments:

  • Linzor Capital Partners acquires the residential fibre provider Wi-Net Telecom from Grupo ON.
  • Cirion nears completion of its second carrier-neutral data centre in Peru.
  • KKR Group’s plans to set up Peru’s nationwide open access fibre network provider fails.
  • Amazon’s Project Kuiper enters into an agreement to offer LEO satellite services for Peru.
  • ZTE completes an FttP network for Bitel Peru covering some 100,000 premises across 204 regions.
  • Global Fiber Peru builds a fibre network in the Amazon river to connect over 500,000 people in more than 400 communities.
  • Report includes the regulator's market data reports to September 2024, telcos' financial and operating data updates to Q3 2024, updated Telecom Maturity Index charts and analyses, recent market developments.

Companies mentioned in this report:

Telefónica del Perú (Movistar), América Móvil (Claro Perú), Americatel Perú (Entel), Viettel Peru (Bitel), Gilat To Home Perú, Flash Mobile, Cuy Móvil, Fibertel

Related Reports

Share this Report

TMT Intelligence

A platform to scale your intelligence tasks

Monitor critical insights with our AI-powered Market Intelligence Platform gathering and analyzing intelligence in real time. With AI trained to spot emerging trends and detect new strategic opportunities, our clients use TMT Intelligence to accelerate their growth.

If you want to know more about it, please see:

TMT Intelligence Platform

Research Methodology

BuddeComm's strategic business reports contain a combination of both primary and secondary research statistics, analyses written by our senior analysts supported by a network of experts, industry contacts and researchers from around the world as well as our own scenario forecasts.

For more details, please see:

Research Methodology

More than 4,000 customers from 140 countries utilise BuddeComm Research

Are you interested in BuddeComm's Custom Research Service?

News & Views

Have the latest telecommunications industry news delivered to your inbox by subscribing to BuddeComm's weekly newsletter.

Unsubscribe