Movistar and Entel continue to lose fixed market share in Peru

Bnamericas Published: Thursday, November 17, 2022
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.

Subscribe to the most trusted business intelligence platform in Latin America. Let us show you our solutions for Suppliers, Contractors, Operators, Government, Legal, Financial and Insurance.

Subscribe to Latin America’s most trusted business intelligence platform.

Other projects in: ICT

Get critical information about thousands of ICT projects in Latin America: what stages they're in, capex, related companies, contacts and more.

Other companies in: ICT (Peru)

Get critical information about thousands of ICT companies in Latin America: their projects, contacts, shareholders, related news and more.

  • Company: Viettel Peru S.A.C  (Bitel)
  • The telecom company Bitel is a subsidiary of the Vietnamese Viettel Group and offers 3G and 4G mobile services to individuals as well as companies. Bitel has been operating in P...
  • Company: Americatel Perú S.A.  (Americatel Perú)
  • Americatel Perú S.A. is a company owned by the Chilean group Entel which participates in the Peruvian market of telecommunications and information technologies since 2002. Based...
  • Company: AI Inversiones Palo Alto II S.A.C.  (CANVIA)
  • AI Inversiones Palo Alto II S.A.C. (CANVIA), formerly known as GMD S.A., is a business process outsourcing and information technology (IT) outsourcing company based in Peru. The...