MAP > Internet Providers in Venezuela

The Venezuela‘s fixed-line of teledensity was a bit high for the locale before steady development in number of the lines which came to an end in the year 2015. Since number of the lines has gone on and plummeted, and as of 2018, teledensity had gone on and fallen to close to 14%. Cause is heavuly linked to country’s ongoing economic ups and downs which have gone on and compelled very many people to go on and terminate the fixed line telecom services. But there are some that went on and lost the customers, there are some which have been relying on the mobile networks for the voice as well as the data services. The sector has enjoyed a decline in some subscribers, financial concerns of the customers have gone and be exacerbated by decrepit state of fixed network, hampered by difficulty to be able to pay for the equipment from the foreign vendors.

This is what has resulted in the poor quality of the service in very many areas of this country. Economic troubles have been causing considerable distortions in market, in terms of the reportable revenue as well as investment. The mobile penetration in Venezuela has been below average for the South America, while the development in this sector has been set back in the recent years. Some mobile subscribers have gone on and fell 11.2% in the year 2017 as the subscribers terminated services in the bid to be able to reduce the discretionary spending. A portion of the decline has also been related to a large number of the people who have been able to fled the economic hardships; United Nation’s International Organization for the Migration estimated which 2.3 million Venezuelans got to lave country since the year 2014.

However, there has been a growth in the mobile data traffic, which has been spurred by popularity of the social networks, prevalence if the smartphones and the continuing investments from the operators in the LTE infrastructure despite the difficulties in financing the network upgrades as well as the paying for the equipment. Movilnet got to delay the launching of its LTE service until early 2017 as a result of the inability to be able to purchase the equipment from the foreign vendors. Regarding the mobile revenue, sector gets to account for close to 46% of the overall telecom sector revenue when compared to close to 11.7% for internet services.