Due to its low penetration, Peru’s mobile market represents a significant opportunity and ranks as one of the most attractive mobile markets in the region based on revenue growth and ARPS.
While the Peruvian market is very attractive, a key factor a new entrant should consider is its ability to gain market share from strong pan-regional players.
New entrant subscriber growth will require national coverage and intensive investment, as incumbents are fueling growth by expanding and penetrating regions outside of Lima.