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Uruguay Phone Card News / Uruguay Telecom News
Uruguay Telecom Revenues Projected at $1.07 Billion in 2012

Date: 1/1/2008 2:37:56 AM

Telecommunications revenues in the South American country of Uruguay are expected to total at least US$1.07 billion in 2012, according to a recent study by Signals Telecom Consulting.

Signals expects Uruguay’s telecom sector to grow at a compound annual rate of 4% between 2007 and 2012, as mobile phone carriers continue to experience success competing with the country’s fixedline telephone monopoly, Antel.

Analysts said that the combined revenue of Uruguay’s mobile phone carriers should exceed Antel’s fixedline revenues by the end of 2007. The country’s mobile penetration rate currently stands at around 76.5%, and is likely to reach 100% by 2011.

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