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...
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...
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...
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...
Peru has seen relatively stable economic growth and significantly reduced the number of people living in poverty. Still, there have been multiple cases of corruption, but the government of President Martín Vizcarra Cornejo, who took office in 2018, has focused efforts on combatting this and stabilising the political climate. Nevertheless, challenges to ensuring sustainable development remain.
