BMI View: The Argentine IT market has considerable potential, but economic challenges have been a drag
on growth in recent years. Challenging economic conditions are again a negative for IT demand in 2016 as
a result of the devaluation of the peso in December 2015, pa ..."
BMI View: The new regulator is taking an investor-friendly approach to market development, although
further reforms are still needed. Mobile subscription growth has stalled and the ability for operators to
embrace converged services could not come at a more apposite t ..."
BMI View: Argentina's consumer electronics market performance has been driven by economic factors in
recent years, as devaluations in 2014 and late 2015 hit affordability. As a result there is pent-up demand
that we expect to be unlocked as the economy improves from 2 ..."
BMI View: Argentina has a large local electronics assembly industry that accounts for the majority of
devices sold in the country, but due to the high level of reliance on imported components, this did not offer
much insulation against the affordability squeeze from a ..."
BMI View: Latest developments from the new telecoms regulator indicate an increasingly investor friendly
environment, although further reforms are still needed. We, however, still maintain the view that as the
mobile market saturates, and 3G/4G access grows, operators ..."
BMI View: The devaluation of the peso in December 2015 was the latest macroeconomic event to impact
the Argentine IT market, with retail hardware spending rising in anticipation of expected price rises, and
we believe it will result in a contraction in spending in 201 ..."
BMI View: Conflict between the government and the judiciary over the proposed restructuring of
Argentina's telecoms and media regulators will weigh on operators' investment strategies for the short-tomedium
term. The market is fluctuating, with the move towards more a ..."
BMI View: After another devaluation in December 2015 we envisage a sharp contraction in Argentine
consumer electronics spending in 2016 as purchasing power is eroded in global markets - ie, for imported
devices. We expect performance to mirror that of 2014, the previo ..."
BMI View: The Argentine IT market is forecast to continue to grow in local currency terms in 2016, but
contract by over 30% in US dollar terms as a result of the devaluation in December 2015. In addition to the
direct impact on purchasing power and economic sentiment ..."
BMI View: We hold the view that 2016 will witness the Argentine consumer electronics market decline significantly in US dollar terms due to the sharp devaluation of the peso. We had changed our forecasts in the Q415 report to reflect on the positive growth in 2015 but we expect t ..."