Colombia ICT Sector Research Highlights

Overview

Growing digital economy creates opportunities in Colombia and emerging markets
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More and more commercial transactions are moving online and the so-called digital economy continues to expand its reach into every facet of the traditional analogue economy. For businesses, this means they have access to new channels to reach existing clients as well as new opportunities to expand market share with a competitive digital offering. For consumers, the ever-expanding digital economy…

Overview

New ICT laws and attention to innovation increase Colombia's internet coverage
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With high demand for telecommunications services, an emphasis on innovation in commerce and industry, and the passing of a new ICT law in June 2019, Colombia’s ICT sector is poised to regain momentum in the coming years. According to international analyst BMI Research, the market value of the country’s ICT sector was $6.29bn in 2018, with this predicted to increase by 6.8% in 2020. Structure…

Interview

Ignacio Roman Vila, President, Avantel; Fabián Hernández, President, Telefónica Movistar Colombia; and Marcelo Cataldo, President, TigoUNE: Interview
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Interview:Ignacio Roman Vila; Fabián Hernández; Marcelo Cataldo How has the sector adapted to new technologies, and how will it benefit the broader economy? IGNACIO VILA: A reduction in the prices of telecoms services would increase GDP by two percentage points through increased connectivity. A 10-percentage-point increase in connectivity could result in a 1.3-percentage-point increase in…

Country Report

The Report: Colombia 2019
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Colombia is home to a distinctive blend of ethnicities, cultures and geography, has the second-largest population in South America and is the continent’s fourth-largest country. After spending much of the second half of the 20th century embroiled in the world’s second-longest modern civil war, the 2016 peace accord brought a formal end to the conflict between FARC and the government. The end o

Chapter

The Report: Colombia 2019: ICT
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The ICT sector is one of the most promising sectors in Colombia with high demand for telecommunications services, and an emphasis on innovation in commerce and industry. However, financial challenges, such as changes in interest rates, also significantly impact the growth of ICT due to the long-term nature of investments in the sector. Similarly, companies can struggle to access financing to offer…

Event

Conecta Colombia

TELECOM FORUM is in its 5th edition and is the main event focused on bringing together the high level executives from operators in Colombia in order to discuss the sector issues in the region and have access to very qualified networking with all players in the industry. This event is a partnership between Conecta Latam and Cintel. For more information, please click here.…

Overview

Colombia's ICT sector grows with increased IT usage
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The rapid development experienced by the Colombian economy has been matched by the progressive adoption of IT by firms and end users. Although the reduction in oil export earnings is causing budgetary constraints, authorities continue to invest in improving access to IT and telecoms services for Colombians, as well as supporting digitalisation efforts across economic sectors. The ongoing implementation…

Chapter

The Report: Colombia 2017: ICT
OBG
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The telecoms sector is adapting to the move from voice to data. Although this is set to affect operators’ financial results in the near term, rapid expansion of smartphones and 4G accessibility is set to enlarge the potential for new offers. Furthermore, the merger of different entities into a single regulatory body would simplify the rules for operators, ease procedures and remove the need to interact…

Overview

Colombian telecoms operators adapt to rising competition and data demands
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These have not been easy times for Colombia’s telecoms industry. Accustomed to growth averaging an annual rate of 7% over the past 15 years, the sector registered a 2% decrease in 2015. Competition and a more robust regulatory framework have helped reduce prices for voice and data, as well as improve service quality. Though some aspects of regulation need revision, the sector continues to…

Interview

David Luna, Minister of Information and Communication Technologies: Interview
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Interview:David Luna Can the target of the digital economy accounting for 5% of Colombia’s GDP be met by 2018? DAVID LUNA: We are experiencing a transformation known as the Fourth Industrial Revolution, which makes it possible for many goods and services to be produced by new business models supported by technology. Colombia is not foreign to this trend. With the Digital Live Plan, we have…

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Colombia ICT Sector Research Highlights

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