Driven by Wider Coverage and Lower Prices, Fiber-optic Broadband Adoption gathers Pace in Latin America, Finds Frost & Sullivan

Driven by Wider Coverage and LowerDriven by Wider Coverage and Lower Prices, Fiber-optic Broadband Adoption gathers Pace in Latin America, Finds Frost & Sullivan PR Newswire BUENOS AIRES, Argentina, Oct. 28, 2013 - Educating consumers on the benefits of FTTH vital to strengthen demand With broadband adoption reaching saturation levels in major markets in Latin America, service providers are turning to new products to sustain growth amid intensifying competition. In line with this, fiber-to-the-home (FTTH) connections present a tremendous opportunity as the high speeds of fiber-optic broadband can attract heavy users such as gamers, streaming subscribers, or small and medium businesses that are willing to pay more for a better service. New analysis from Frost & Sullivan (http://www.ipcommunications.frost.com), Hot Topic—FTTH in Latin America, finds that the market earned revenues of $343.6 million in 2012 and estimates this to reach $1605.2 million in 2018. Main FTTH markets in Latin America (Argentina, Brazil, Chile and Mexico) are expected to grow at a compound annual growth rate of nearly 30 per cent. "Typically, first movers in the Latin American FTTH market have been small competitors trying to fight dominant operators," said Frost & Sullivan Information and Communication Technologies Senior Consultant Ignacio Perrone.