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Increase in mobile and internet Regional Context: Brasil vs Latam

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Increase in mobile and internet adoption in Latam Mobile users +165% 500 Internet users 451 +319% 400 355 Millions of users 300 285 205 200 170 60% 75% 60% 100 68 31% 35% 12% 2005 2010 2015 Internet users Mobile users Sources: America Economia Business Unit. Euromonitor International. Fnbox projections. 9

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