TELECOM GROWTH. The Guatemalan telecom market is expected to reach $2.8 billion by 2015 growing at a compound annual growth rate (CAGR) of 4.8%, reports Caribbean News Now (Dec. 3, 2010). The drivers behind this expansion will be a 16-point advance in mobile penetration, as well as increases in data services and growth in pay-TV household penetration, according to a report from Pyramid Research. Guatemala is the largest market in Central America, and competition in the mobile segment has caused voice tariffs to drop to regional lows. "Despite this competitive scenario, Pyramid sees interesting opportunities in mobile data services where messaging, mobile Internet, and mobile broadband could close the gap in communications that fixed services could not," said Jose Magana, analyst at Pyramid.
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