LatAm LTE subs to reach 29mn this year
LTE subscriptions in Latin America and the Caribbean could reach 29mn by the end of the year and 259mn in 2020, 4G Americas reported citing data from consultancy Ovum.
Latin America and the Caribbean ended Q2 with 22.5mn LTE subscriptions, up 324% from June 2014. There were 70mn commercial networks in 28 countries, 52 in Latin America and 18 in the Caribbean.
The quarter ended with 54% of subscribers on GSM, 41% on HSPA, and only 3% on LTE.
At the same time an additional 68mn subscribers upgraded to HSPA networks while users of GSM-only technology dropped by 66mn.
4G Americas Latin America and Caribbean director José Otero said that the "announcements that several governments have made to assign spectrum for mobile broadband make for a more encouraging outlook for LTE in the region."
Argentina recently awarded 3G and 4G spectrum, and Colombia and Peru have announced upcoming auctions for the 700MHz band.
LTE subscriptions worldwide surpassed 10% of global subscribers of mobile communications technologies in Q2 for the first time, according to Ovum, citing information from the Global Suppliers Association (GSA).
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