Latin America is the second largest mobile market in the world

Latin America has become the second largest mobile market in the world after beating the first to Western Europe, according to consulting firm Wireless Intelligence.
The sub had a total of 530 million mobile phone connections June 30 - ie 11% of all wireless connections in the world - after having increased their numbers by 15 million between April and June, the company said in its second quarter report released in October and Latin America and Mobile Market..
A third of the subscriptions in the region - some 188 million - are concentrated in Brazil, the fifth largest market in the world for the sector and where they should reach 200 million connections by the end of the year.

Latin America and Mobile Market

"Compared to saturated markets in Europe, Latin America still has much room to grow," he said in a statement analyst at Wireless Intelligence, Joss Gillett.Of the recent growth is due to increased investment by operators in the region in marketing and technology, said Gillett Latin America and Mobile Market.

The consultant points out, moreover, that more than half of the 20 fastest growing markets in the region are in the Caribbean, but for now it represents only 5% of total Latin American connections Latin America and Mobile Market..

LA Cell Phones Market

Thanks to its 530 million subscriptions in Latin America for the first time surpassed Western Europe, with 515 million after reporting a net decline of five million connections in the second quarter.
The main market, however, remains the Asia / Pacific with 2,400 million connections, or nearly 47% of all those gathered to Wireless Intelligence is across the globe Latin America and Mobile Market..