Honduras: Operators Speed Up 3G Buildout to Comply With LTE License Terms, Accelerating Data Adoption,’ a new Country Intelligence Report by Pyramid Research, offers a precise, incisive profile of Honduras’ mobile and fixed telecommunications and pay-TV markets based on comprehensive proprietary data and insights from our research in the Honduran market. Published annually, this presentation-quality, executive-level report provides detailed analysis of the near-term opportunities, competitive dynamics and evolution of demand by service type and technology/platform across the fixed telephony, broadband, mobile and pay-TV sectors, as well as a review of key regulatory trends.
With revenue of $1.4bn in 2014, or 6.9% of GDP, the telecom services market in Honduras was the 13th largest in Latin America and the third largest in Central America, after Guatemala ($3.1bn) and Panama ($1.4bn). We project that between 2014 and 2019, telecom service revenue will expand at a CAGR of 2.4%, the lowest growth rate for the whole Central American region, after El Salvador.
The mobile data segment will remain one of the fastest-growing segments in Honduras, expanding at a 7.7% CAGR over the forecast period, increasing its share to 19.5% of total telecom service revenue by year-end 2019.
Honduras closed 2014 with a fixed-line penetration rate of 9.5%, below the Latin American average of 15.1% and also below neighboring Guatemala (12.1%) and El Salvador (13.5%). Low levels of penetration in the fixed market can be mainly attributed to a historical lack of investment in network infrastructure.
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