Movistar and Entel continue to lose fixed market share in Peru

Peruvian fixed internet connections increased by 156,000 in the 12 months to September, according to regulator Osiptel.

Most growth was captured by new fiber optics operators, while Telefónica and Entel continue to lose customers.

The Wi-Net and Optical Technologies group of companies continues to consolidate as the biggest winner, capturing 7.9% of the market, up 4.6 percentage points, becoming the third player after Claro (26.7%) and Movistar (54.5%).

Operator Wow increased its share from 0.5% to 2.6%, while the group of companies made up of Fiberlux and Fiberline grew 0.7 percentage points to reach a 1% market share.

Entel captured 2.9%, while Hughes' satellite offer remains in last place with 0.9% of total connections.

At the end of the third quarter, 3.2mn connections were in service, an increase of 5.1%.

According to Osiptel, the Q3 growth was due to an increase in connections in the residential segment, which totaled 2.9mn, up 6.1%. Residential connections represent 92.9% of total lines.

For its part, the commercial segment fell 5.8% to 228,045 connections.