Lionel Sujay Vailshery
Research expert covering cloud computing and emerging tech industries
Telecoms in Latin America - statistics & facts
From the heavenly Copacabana Beach to the heights of Bogotá, the telecommunications sector in Latin America has looked to invest in infrastructure to meet the demands of a population of over 656 million people, as well as a data-hungry digital economy. 5G has been a core focus for governments and operators, with benefits expected for a large array of industries. 5G subscriptions are expected to soar alongside this, with a forecast of over 54 million 5G subscriptions in 2024 – up from just 10 million in 2022. As the successor to 4G, 5G offers users lower latency, higher reliability, and better connection performance, and is expected to contribute greatly to digital transformation on the continent.
