Business Wire

4G to Become the Dominant Mobile Technology in Latin America by the End of the Year, Finds New GSMA Report

Jaa

4G is set to overtake 3G as the prevailing technology in Latin America by the end of 2018, according to a new GSMA report published at the Mobile 360 Series – Latin America event in Buenos Aires this week. The study – ‘The Mobile Economy: Latin America and the Caribbean 2018’ – outlines that 4G networks will account for the largest share of the region’s connections (38 per cent) by the end of the year, up from just 8 per cent three years earlier.

With 4G also reaching critical mass in terms of coverage (82 per cent of the population), operators will be investing substantially in network upgrades to support accelerating smartphone and data use, setting the path towards the 5G era. 4G is forecast to account for almost two-thirds of total connections by 2025, by which point the first 5G networks in the region will have been deployed in major markets such as Brazil and Mexico, accounting for 8 per cent of total connections in the region.

“Consumers across Latin America are now rapidly migrating to 4G services, driven by video consumption and social media usage – and traffic growth is requiring significant network investment to be able to support new and existing digital services,” said Michael O’Hara, Chief Marketing Officer at the GSMA. “We expect mobile operators in the region to invest almost $50 billion (capex) between 2018 and 2020 on network upgrades prior to the move to 5G. However, future success will depend heavily on a flexible policy environment that will encourage continued operator investment in networks, and in turn, deliver the benefits of high-quality mobile connectivity to end users.”

Subscriptions Grow, but Policy Incentives Are Still Needed to Bridge the Digital Divide

More than two-thirds of the region’s population are now connected to a mobile network. By mid-2018, there were 442 million unique mobile subscribers1 across Latin America and the Caribbean (68 per cent of the population), a figure forecast to grow to 517 million (74 per cent) by 2025. However, there is a wide variation in subscriber penetration levels; a number of countries – such as Argentina, Chile and Uruguay – are approaching full penetration, while others, including Guatemala, Honduras and Nicaragua, still have plenty of headroom for future subscriber growth.

“Today around half of the region’s population are connected to the mobile internet – this is set to grow to 65 per cent by 2025, but it means there is still to work to do to ensure millions of citizens are digitally included and benefiting from the social and economic opportunities of getting online,” added O’Hara. “It is therefore vital that the mobile industry is able to work in tandem with governments and other stakeholders to address the barriers to mobile internet adoption, such as excessive tax burdens and fees that negatively impact affordability and access.”

A Major Contribution to the Economy

Last year, mobile technologies and services generated 5 per cent of GDP in Latin America, a contribution that amounted to $280 billion of economic value added2. This contribution is forecast to rise to $330 billion (5.2 per cent of GDP) by 2022. The region’s mobile ecosystem also supported around 1.6 million jobs in 2017 (directly and indirectly) and made a substantial contribution to the funding of the public sector, with approximately $36 billion raised in 2017 via general taxation and sector specific levies.

Mobile Driving Innovation and Delivering Social Good

Latin America’s mobile ecosystem is supporting a wave of innovation across the region, driven by growth in new technologies, services and use cases. For example, mobile operators are making a significant contribution to the Internet of Things (IoT) market; the number of IoT connections in the region is set to triple between 2017 and 2025, reaching 1.3 billion, transforming both the consumer and industrial sectors.

The report cites examples of where mobile-based innovation is having a positive impact, contributing to the achievement of the United Nations’ Sustainable Development Goals (SDGs). In Cordoba, Argentina, Claro built a partnership to develop an IoT solution that connects machines and farm animals with sensors, allowing product traceability. In La Guajira, Colombia, Telefoìnica and the UN Food and Agriculture Organization (FAO) are using mobile big data to measure how climate change contributes to the internal displacement and movement of citizens. This initiative, part of the GSMA’s Big Data for Social Good (BD4SG) programme, aims to provide governments and organisations with the insights needed to make more informed decisions and targeted policy interventions.

‘The Mobile Economy: Latin America and the Caribbean 2018’ report is authored by GSMA Intelligence, the research arm of the GSMA. To access the full report and related infographics, please visit: www.gsma.com/mobileeconomy/latam.

-ENDS-

About the GSMA

The GSMA represents the interests of mobile operators worldwide, uniting more than 750 operators with over 350 companies in the broader mobile ecosystem, including handset and device makers, software companies, equipment providers and internet companies, as well as organisations in adjacent industry sectors. The GSMA also produces industry-leading events such as Mobile World Congress, Mobile World Congress Shanghai, Mobile World Congress Americas and the Mobile 360 Series of conferences.

For more information, please visit the GSMA corporate website at www.gsma.com. Follow the GSMA on Twitter: @GSMA

GSMA Latin America represents the mobile industry in the region. For more information in English, Spanish and Portuguese, please visit www.gsmala.com. Follow GSMA Latin America on Twitter @GSMALatam and Linkedin www.linkedin.com/showcase/gsmalatam

1 A unique mobile subscriber represents an individual that can account for multiple SIM connections. There were 674 million connections (excluding IoT) in Latin America at the end of 2017, forecast to rise to 775 million by 2025.

2 GDP contribution includes direct mobile operator contribution (0.85% of GDP); related industries (0.4%); indirect contribution (0.4%); and productivity improvements (3.4%).

Contact information

Media Contacts:
For the GSMA
Florencia Bianco
fbianco@gsma.com

Tatiana Cantoni
taticantoni@pimenta.com
+55 11 95210 2225

GSMA Press Office
pressoffice@gsma.com

Tietoja julkaisijasta

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Tilaa tiedotteet sähköpostiisi

Haluatko tietää asioista ensimmäisten joukossa? Kun tilaat mediatiedotteemme, saat ne sähköpostiisi välittömästi julkaisuhetkellä. Tilauksen voit halutessasi perua milloin tahansa.

Lue lisää julkaisijalta Business Wire

SCG Chemicals Company chooses gPROMS modelling for digital design and operations22.3.2019 18:55:00 EETTiedote

Process Systems Enterprise (PSE), the Advanced Process Modelling company, today announced that it has signed a long-term agreement with SCG, one of the largest integrated petrochemical companies in South East Asia, to standardise on PSE’s gPROMS® modelling technology for digital design and operations. SCG applies advanced process models within digital design initiatives to explore the process decision space rapidly and effectively, in order to reduce uncertainty and make better, faster and safer design and operating decisions. This help them to accelerate innovation and optimise the design and operation of their process plants. Dr Suracha Udomsak, SCG’s Emerging Business Director and R&D Director, says, “at SCG Chemicals, advanced process modelling (APM) is a key element in our Digital Manufacturing platform. APM accelerates innovation by making the development workflow ‘faster, cheaper & safer’, which are key considerations for us. It is a core technology building block that enables u

Logicor Announces Results for Year Ended 31 December 201822.3.2019 17:29:00 EETTiedote

Logicor announces strong financial performance for the year ended 31 December Net Operating Income (NOI): €639 million, which represents year on year growth of 2.5%, reflecting our strategic focus on increasing occupancy and capturing market rental growth. Over 60% of NOI is generated in the key markets of the UK (26%), Northern Europe1 (21%) and France (15%). Gross Asset Value: €12.5 billion, a 3.3% increase in valuation, which reflects the strong performance of our portfolio, in particular in Northern Europe. EPRA Occupancy: 94.4%, with physical occupancy up 70 bps over the year, underpinned by strong growth in each of our three largest regions of the UK (+120 bps), Northern Europe (+110 bps) and France (+220 bps). LTV: 51%, down from 52% at year end 2017 following increases in property values. At year end, our debt to EBITDA ratio was 11.3x. Capital Structure In 2018 Logicor (rated BBB (Stable) by S&P) established a Euro Medium Term Note (‘EMTN’) programme and raised €1.8 billion of

Delticom AG/Mytyres.co.uk: Buying Great Value Tyres Online Doesn’t Mean Missing out on Professional Fitting22.3.2019 17:15:00 EETTiedote

Spring is just around the corner, and it’s time for drivers to start thinking about changing to summer tyres. However, a tyre check may show that your current summer tyres are getting old, worn out, or have visible damage, such as cracks or bumps. If this is the case, then it's time for a new set of tyres. The legal minimum tread depth is 1.6 mm, however experts recommend significantly more – summer tyres should be replaced even if the tread depth is 3 mm. Regardless of mileage, you should change your tyres at least every eight to ten years. This is because the rubber starts to harden, the tyres lose grip on the road, and driving performance is affected. Of course, a set of four new tyres is a significant investment – authorised workshops can often charge between 250 and 350 pounds. If you want to save money, consider the alternatives: the result is an increasing number of customers turning to online shops such as Mytyres.co.uk to buy new tyres. The market share of tyres sold online ha

Trueman Man Clinic Achieves 10000 Surgery Milestone with Its SWITCH Operation22.3.2019 16:00:00 EETTiedote

Trueman Man Clinic Network announced that the 10,000th surgery utilizing its SWITCH Premature Ejaculation Surgery (Nerve Conservation), has been successfully completed. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190322005013/en/ Trueman Man Clinic Network has been successfully completed the 10,000th surgery utilizing its SWITCH Premature Ejaculation Surgery (Nerve Conservation). The SWITCH Premature Ejaculation Surgery (SWITCH operation) developed in 2010 by Dr. Yang, the chief director of the Trueman Man Clinic Network, can reduce the side effects of penile neurectomy and maintain the stable reduction of the glans sensation. The Trueman Man Clinic Network is the leading hospitals for male enhancement surgeries in Korea consists of 11 clinics, with 16 doctors working. As of 2019, more than 43,000 man clinic surgeries have been performed. (Photo: Business Wire) The Trueman Man Clinic Network is the leading hospitals for m

Janssen Seeks Expanded Use of DARZALEX®▼ (daratumumab) Combination Therapy for Patients with Newly Diagnosed Multiple Myeloma Who Are Transplant Ineligible22.3.2019 14:22:00 EETTiedote

The Janssen Pharmaceutical Companies of Johnson & Johnson today announced the submission of a Type II variation application to the European Medicines Agency (EMA) for DARZALEX®▼ (daratumumab) in combination with lenalidomide and dexamethasone (Rd) for the treatment of patients newly diagnosed with multiple myeloma who are ineligible for autologous stem cell transplant (ASCT). “Today’s submission brings us one step closer to our goal of improving treatment outcomes for people newly diagnosed with multiple myeloma,” said José Antonio Burón Vidal, VP Medical Affairs, Europe, Middle East and Africa (EMEA), Janssen-Cilag Limited. “We are incredibly grateful to the patients and investigators who participated in the MAIA clinical trial programme and look forward to working closely with the regulatory authorities to secure approval of this new combination.” The submission is supported by data from the Phase 3 MAIA (MMY3008) study, which were presented at the 60th Annual Meeting of the American

Bartek Ingredients Expands Leadership Team22.3.2019 01:35:00 EETTiedote

Bartek Ingredients Inc. recently completed a 4,000 ton/year capacity expansion for its malic and food-grade fumaric acid production facility, and today it announces the expansion of its leadership team, with the hiring of Jeff Billig as Vice President of Marketing & Business Development and Heinrich G. Schaefer as International Sales Director. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190321005785/en/ The global leader in malic and fumaric acid ingredients expands its leadership team. (Photo: Business Wire) Bartek’s investment in both its team and facilities reinforces its position as the leader in malic and fumaric acid globally and aligns with its mission to facilitate growth and increase global reach to better serve existing customers and markets while opening up new ones. Bartek’s addition of Billig and Schaefer lays the foundation for additional resource investment in the near future while rapidly increasing its sa

Uutishuoneessa voit lukea tiedotteitamme ja muuta julkaisemaamme materiaalia. Löydät sieltä niin yhteyshenkilöidemme tiedot kuin vapaasti julkaistavissa olevia kuvia ja videoita. Uutishuoneessa voit nähdä myös sosiaalisen median sisältöjä. Kaikki STT Infossa julkaistu materiaali on vapaasti median käytettävissä.

Tutustu uutishuoneeseemme