Ecuador: Country Intelligence Report

Ecuador: Country Intelligence Report

Summary

"Ecuador: Country Intelligence Report", a new Country Intelligence Report by GlobalData, provides an executive-level overview of the telecommunications market in Ecuador today, with detailed forecasts of key indicators up to 2023. Published annually, the 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 segments, as well as a review of key regulatory trends.

Ecuador's telecom & pay-TV services revenue will grow from USD 2.9 billion in 2018 to USD 3.2 billion by 2023, reflecting a CAGR of 1.6% over 2018-2023, led by growth in mobile data, fixed broadband, and pay-TV segments. Mobile data will be the largest revenue generator segment, representing 33% of total revenues by 2023, driven by rising mobile internet subscriptions and higher mobile data ARPU. Projected growth in M2M connections will further add to mobile data revenues over the next five years. Fixed broadband revenue will expand at the fastest CAGR of 7.3% over 2018-2023, driven by steady rise in cable and DSL subscriptions and projected growth in FTTx subscriptions.

Key Findings

- The overall telecom and pay-TV services revenue in Ecuador will grow at a CAGR of 1.6% during 2018-2023.

- Mobile revenue will account for 59.4% of the total telecom and pay-TV services revenue in 2023, driven by growing adoption of 4G services.

- Fixed broadband revenue will be the fastest growing segment with 7.3% CAGR over 2018-2023.

- 4G will be the most adopted mobile technology across the 2019-2023 period, supported by ongoing LTE network expansions to underserved areas by MNOs. We expect 5G to be commercially available in 2022.

- Claro dominates Ecuador's prepaid and postpaid mobile markets in terms of subscriptions, followed by Movistar and CNT. To further strengthen their foothold in the market, Claro and Movistar both focus on wireless network upgrades and expansions, in addition to competitively priced mobile plans.

Scope

The Country Intelligence Report provides in-depth analysis of the following-

- Demographic and macroeconomic context in Ecuador.

- The regulatory environment and trends: a review of the regulatory setting and agenda for the next 18-24 months as well as relevant developments pertaining to spectrum licensing, national broadband plans, tariff regulation and more.

- Telecom and pay-TV services market outlook: analysis as well as historical figures and forecasts of service revenue from the fixed telephony, broadband, mobile voice, mobile data and pay-TV markets.

- The competitive landscape: an examination of the positioning of leading players in the telecom and pay-TV services market as well as subscription market shares across segments.

- Company snapshots: analysis of the financial position of leading service providers in the telecommunications and pay-TV markets.

- Underlying assumptions behind our published base-case forecasts, as well as potential market developments that would alter, either positively or negatively, our base-case outlook.

Reasons to buy

- This Country Intelligence Report offers a thorough, forward-looking analysis of Ecuador's telecommunications markets, service providers and key opportunities in a concise format to help executives build proactive and profitable growth strategies.

- Accompanying GlobalData's Forecast products, the report examines the assumptions and drivers behind ongoing and upcoming trends in Ecuador's mobile communications, fixed telephony, broadband markets, including the evolution of service provider market shares.

- With more than 20 charts and tables, the report is designed for an executive-level audience, boasting presentation quality.

- The report provides an easily digestible market assessment for decision-makers built around in-depth information gathered from local market players, which enables executives to quickly get up to speed with the current and emerging trends in Ecuador's telecommunications markets.

- The broad perspective of the report coupled with comprehensive, actionable detail will help operators, equipment vendors and other telecom industry players succeed in the challenging telecommunications market in Ecuador.