What's Happening?
Peru's telecoms regulator, OSIPTEL, has announced a 3% year-on-year increase in telecom sector revenues, reaching SOL12.5 billion (US$3.7 billion) in the first three quarters of 2025. This growth is primarily driven by increased demand for mobile and fixed
internet services. Mobile services generated SOL7.7 billion (US$2.3 billion) in revenue, while fixed internet services contributed SOL2.4 billion (US$713 million). The number of post-paid mobile lines rose from 18.7 million at the end of September 2024 to 20.3 million a year later. Fixed internet connections reached 4.3 million, supported by the expansion of fibre networks, which now account for 81% of all fixed broadband connections. Claro leads the market with a 34.3% share, followed by Integratel Peru, Entel, and Viettel-owned Bitel. Total investment in the sector reached SOL2.2 billion, up 26.8% year-on-year, with Claro leading capital investment despite reducing its spending.
Why It's Important?
The growth in Peru's telecom sector highlights the increasing demand for digital connectivity, which is crucial for economic development and social inclusion. The expansion of fibre networks and mobile services indicates a shift towards more reliable and faster internet access, which can enhance business operations and improve access to information and services for consumers. The investment trends suggest continued positive growth expectations, driven by competition and technological advancements. This development is significant for stakeholders in the telecom industry, including service providers, investors, and consumers, as it reflects a robust market with potential for further expansion and innovation.
