ICT
From The Report: Peru 2019
View in Online Reader

A highly competitive market has ensured mobile usage has expanded rapidly, and companies continue to invest in the networks, despite finding their margins squeezed. In some ways, Peru is playing technological catch-up. Key indicators lag behind similar economies in the region, and slow progress in rolling out regional fibre-optic networks has stalled the government’s plans to digitally connect the entire country. However, a competitive market pushing operators to improve services and lower prices means that there has been progress in mobile coverage. With one of the most positive economic outlooks in Latin America, stable domestic demand and impressive growth in new segments such as agri-business, Peru certainly has the potential to be a centre for innovation. More agile government policy, including digitalising the state apparatus itself, could see Peru become a major player in the Fourth Industrial Revolution. This chapter contains an interview with Mariana Costa, CEO and Co-founder, Laboratoria.

Articles from this Chapter

Overview

Making connections: Consumers continue to benefit from market competition, while stakeholders look at how best to boost service to rural areas
OBG
plus

Since new operators entered the market in 2014, investment and consumption have risen, boosting the dynamism of the telecommunications sector. A highly competitive market has ensured mobile usage has expanded rapidly, and companies continue to invest in the networks despite finding their margins squeezed. The sector has consistently grown at a faster rate than Peru’s GDP, according to latest data from Peru’s National Institute of Statistics and Informatics, expanding by 10-11.5% per year…

Interview

Chance amid challenges: Mariana Costa, CEO and Co-founder, Laboratoria, on prioritising equality while responding to digital upheaval
OBG
plus

Interview:Mariana Costa How is digitalisation affecting Peruvian workers? MARIANA COSTA: Laboratoria has two founding objectives that are tightly linked to the needs of the labour market on one hand and the private sector on the other. The first involves the provision of technical skills and talent to Peru’s workforce, especially to women. During the past few decades, both Peru and the whole of Latin America have not sufficiently valued technical skills. Driven in part by the needs of…

Analysis

System reboot: The national broadband network undergoes reassessment while private operators ramp up infrastructure investment
OBG
plus

The development of infrastructure is vital to Peru’s goal of increasing the percentage of the population connected to the internet. Consultancy and research firm Analysys Mason estimates that Peru requires $35bn of investment in digital infrastructure by 2025 for the country’s internet connectivity level to match that averaged by OECD nations. To that end, the Ministry of Transport and Communications (Ministerio de Transportes y Comunicaciones, MTC) proposed to spend 10% of its budget…

Overview

Bridging the divide: The ever-expanding digital economy is creating widespread opportunities in emerging economies
OBG
plus

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 promises greater access to products and services at their fingertips, as well as increased ease in accessing and comparing information about them. This also tends to encourage more competitive pricing among providers. In emerging economies, the…

Overview

Bridging the divide: The ever-expanding digital economy is creating widespread opportunities in emerging economies
OBG
plus

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 promises greater access to products and services at their fingertips, as well as increased ease in accessing and comparing information about them. This also tends to encourage more competitive pricing among providers. In emerging economies, the…