When it comes to mobile communications and paid television markets, Costa Rica is poised to grow and foster a solid landscape for business competition. Such is the determination of a new report being offered by Research and Markets. This new report is titled Costa Rica: Pending LTE Auction Will Help Balance Mobile Operators’ Spectrum Holdings, Boosting Competition, and it was produced by Pyramid Research.

One of the highlights of the report is our country’s ongoing shift to long-term evolution (LTE) networks:

[In] Costa Rica an [upcoming] LTE auction will help to balance spectrum distribution among operators, boosting competition in the mobile market. A new Country Intelligence Report offers a precise incisive profile of Costa Rica’s mobile and fixed telecommunications and pay-TV markets based on comprehensive proprietary data and insights from our research in the Costa Rica market.

Other highlights of the report include:

• The Costa Rican telecom and pay-TV market generated an estimated $1.2bn in service revenue in 2013, up 17.6% from the previous year. The mobile voice and data segments alone generated 64.2% of the total revenue of the sector, while the fixed broadband, fixed voice and pay-TV segments accounted for 35.8%.
• Costa Rica closed 2013 with 7.1m active mobile subscriptions and a penetration rate of 145.5%, above the Latin American average of 117.9%. We project that Costa Rica’s mobile subscriber base will continue to expand from 2014 to 2019 at a 3.2% CAGR.
• The auction of 40 MHz of spectrum in the 1800MHz band and 30 MHz in the 1900/2100MHz bands during 2015 will balance spectrum distribution among operators, helping to boost competition.
• Broadband penetration in Costa Rica stood at 10.3% at the end of 2013, above the Latin American average (9.9%) and above the penetration of other Central American nations.

According to Research and Markets, the report provides an executive-level overview of the telecommunications market in Costa Rica today, with detailed forecasts of key indicators up to 2019. It delivers deep quantitative and qualitative insight into Costa Rica telecom market, analyzing key trends, evaluating near-term opportunities and assessing risk factors, based on proprietary data from Pyramid Research’s databases.