Latin America Positioned To Build Out Additional Broadband InfrastructureDecember 13, 2010
With all of the new applications available to consumers online, there seems to be an ever-growing need for more bandwidth (the means for delivering content to consumers through the Internet airwaves). Rising popularity and consumer demand for video streaming and music downloads is taking its toll on the Internet – resulting in serious Internet congestion and, inevitably, slow downloads. According to a recent report by Pyramid Research, Latin America’s network operators are exploring new ways to deliver services to consumers and tackle this problem head on.
According to Jose Manuel Mercado, Senior Analyst at Pyramid, broadband access is a must for developing countries. Without it, Latin America “runs the risk of enlarging the digital divide and becoming second class citizens within the global order.”
According to Pyramid, the deployment of fiber to the home (FTTH) or bandwidth-boosting technologies is a necessary step for reducing the technological gap between Latin America and the developed world. Worldwide broadband penetration currently stands at 7 percent and is expected to reach 12.4 percent by 2015. The broadband penetration rate for Latin America is expected to double by 2015 to 12 percent, due to a high degree of innovation that is occurring within the region. Given this expected increase in broadband deployment and use, one thing remains certain – this trend makes for good business all around since Latin America and the regions that conduct business with Latin America stand to benefit from a broadband industry that continues to show signs of growth and innovation.This entry was posted in Broadband, Digital Divide, International and tagged broadband, cellular-news, digital divide, Jose Manuel Mercado, Latin America, Pyramid Research. Bookmark the permalink. ← Survey Finds That Youth Want Entrepreneurial Education and Experience Hispanics Gaining Momentum According to New Census 2010 Findings →