The global biomedical refrigerators and freezers market is slated to magnify at a strong CAGR of 4.2% over the period amid 2016 and 2024. The market, which was worth $2.91 billion in 2015, is predicted to upswing to $4.28 billion by 2024…
BMI View: Argentina's strong telecoms growth story continues, keeping the market at the top of
developments in the region. The introduction of MVNOs will make the market even more competitive and
contribute further to growth, although operator ARPUs will likely suffer as a result. The decision for Arsat
to enter as an MVNO and a wholesale provider rather than a major MNO, and offering back spectrum to
incumbents, has allayed some of the concerns from last quarter. But industry risks remain over delays to the
4G auction and in the pay TV sector, the new media law currently being debated in the courts and could
severely restrict the country's largest cable operator. With the highest 3G penetration rate in the region,
and a continuing increase in the number of subscribers signing up to services, there is plenty for Argentina
to lose. Broadband is one of the success stories due to the 'Argentina Conectada' plan, encouraging large
investments and seeing positive rewards. Economic uncertainty and the political outlook are still potential
? Argentina's mobile market is showing no signs of saturation although we believe there to be a number of
? Market average ARPU increased 9% y-o-y in Q412, reaching ARS54 due to the success of mobile
? Fixed voice connections continued to fall, decreasing to 9.113mn in Q412. BMI revised forecasts to
show a sharper decline in 2012 and 2013 than before.
? Fixed and mobile broadband connections are on the rise, an estimated 13mn in service at the end of 2012.