The presence of MVNOs in the Latin American region has been very limited thus far, particularly when compared to more mature regions such as Western Europe and North America, where MVNOs have attracted a considerable number of subscribers.

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MVNOs Latin America Market Share, Size, Industry Profile,
Market Prize, Forecast and Overview 2015
The presence of MVNOs in the Latin American region has been very limited thus far, particularly when
compared to more mature regions such as Western Europe and North America, where MVNOs have
attracted a considerable number of subscribers. Over the last few years, there has been a resurgence of
interest in the MVNO model in Latin America and regulators and policy makers across the region,
looking for ways to stimulate competition in their respective mobile markets, have recently started to
issue specific laws to regulate the entry and activity of MVNOs. This report analyzes regulation as one of
key growth drivers for MVNOs in the region.
Key Findings
Niche and telco are currently the most prevalent business models in Latin America, accounting for 31%
and 24% of the total active MVNOs in the region. MVNO sub-brans account for 21%, while the remaining
MVNOs are focused on the M2M, discount, retail and ethnic markets.
Pyramid Research anticipates MVNO subscriptions in Latin America will top 7.0m by year-end 2015 or
0.9% of the region's total mobile base, making it the fourth-largest MVNO region in terms of penetration
worldwide. Colombia will remain as the largest MVNO country, both in terms of subscribers and
penetration, distantly followed by Chile.

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Growth in the Latin American MVNO market will be mainly driven by regulatory changes aimed at
stimulating competition in the mobile segment and reducing entry barriers for new players.
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Synopsis
“MVNOs in Latin America: Regulatory Changes Create Growth Opportunities for New Market Players”, a
new Latin America Telecom Insider by Pyramid Research, provides an executive-level overview of the
MVNO market in Latin America today, with forecasts of key indicators up to 2020. It delivers deep
quantitative and qualitative insight into the Latin America MVNO market, analyzing key trends, drivers,
and challenges, assessing business models, evaluating market players, based on proprietary data from
Pyramid Research's databases.
It provides in-depth analysis of the following:
Global and regional MVNO market context; a comparative review of the MVNO market size and
forecast, network business models, and positioning within the mobile communications market in Latin
America
Analysis of the regulation that impacts the growth of MVNO market in Latin America.
Market details; a look at case studies of key players within the MVNO market in Latin America,
providing a competitive analysis showcasing their current and near-term strategies to succeed this in
this market.
Conclusions; this section details the key findings regarding the MVNO market in Latin America and the
near-term opportunities for operators, investors and regulators in the telecommunications and MVNO
markets in Latin America
Reasons To Buy
Facilitates the telecom services provider to gain a context of the MVNO market in Latin America, to
align their services offering.
Helps the telcos to identify the main business models currently available in Latin America and gain
knowledge on some of the most successful initiatives for each business model.
Understand the regulatory and support framework for MVNO growth in Latin America, as well as the
impact of the main regulatory trends in the region.

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Identifies the countries in Latin America which hold the greatest potential for the development of
MVNOs, so as to enable telcos launch their operations in some of these countries.
Gain an understanding of what regulators, MNOs and MVNOs can do to make the MVNO market more
dynamic and take advantage of existing growth opportunities.
Table Of Content
Introduction: MVNO definition and main business models
MVNO definition
MVNO business models
Global and regional MVNO market context
MVNO market worldwide
MVNO market in Latin America
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Most prevalent MVNO business models in Latin America
MVNO market evolution in Latin America
Regulatory context
Regional market outlook
Market details: Case studies
MNO sub-brand: Tuenti
M2M + retail MVNO: Porto Seguro Conecta
Retail MVNO: Exito Movil
Conclusions: Key findings and recommendations
Appendix: Acronyms and Definitions
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About Us:
Hexa Reports is a market research and consulting organization, offering industry reports, custom
research and consulting services to a host of key industries across the globe. We offer comprehensive
business intelligence in the form of industry reports which help our clients obtain clarity about their
business environment and enable them to undertake strategic growth initiatives.

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