Mexican Telecom Industry Forecast to Grow Ten Times by 2015
Reforms taken on by the Calderon administration to deregulate optic fiber are expected to offer Mexicans increased availability and access to communications in the 21st century. According to Pyramid Research, the Mexican fiber optic market is expected to grow 10 times by 2015 and will be worth $3.6 billion.
By 2012, half of Mexico’s households will have access to services provided by cable companies due to the latest initiative to deregulate optic fiber, said President Felipe Calderon during the 2011 Expo of the National Chamber of the Cable Telecommunications Industry (CANITEC), held in May.
New optic fiber offerings, including broadband Internet, television, home and wireless phone, will begin in August 2011. It is anticipated that this operation will benefit 10 million users in Mexico.
The deregulation measure is part of a series of consumer-centered initiatives led by the Calderon administration to ensure fair competition, improve service and increase network growth in the industry. Currently, telecommunications services in many Mexican cities have traffic and coverage problems, resulting in dropped calls or an inability to text message, while Internet and cable television services can suffer service outages. These new offerings should significantly enhance the reliability of the telecommunications services across the country.
