Frost & Sullivan: Market consolidation Into Major Telco Groups in Brazil To Drive Competition Nationwide

Frost & Sullivan: Market consolidation Into Major Telco Groups in Brazil To Drive Competition Nationwide PR Newswire SAO PAULO, July 11, 2012 - Intensifying competition stokes the proliferation of services to offer competitive rates SAO PAULO, July 11, 2012 /PRNewswire/ -- A positive economic outlook as well as investments in multiple-play bundles and 3G mobile network expansions have given a huge boost to the Brazilian telecommunications services market. Brazil has been languishing behind most other Latin American countries in terms of household penetration of fixed broadband services and pay TV services, as well as mobile data services revenues. However, all this is set to change with operators recognizing an opportunity to increase service adoption through lower-priced services and multiple-play offerings. New research from Frost & Sullivan (http://www.ipcommunications.frost.com), Analysis of the Brazilian Total Telecommunications Services Market, finds that the market earned revenues of $66.15 billion in 2010 and estimates this to reach $97.64 billion in 2016. If you are interested in more information on this research, please send an email to Francesca Valente, Corporate Communications, at francesca.valente@frost.com, with your full name, company name, job title, telephone number, company email address, company website, city, state and country.