BMI View: We have made some minor downwards revisions to our Brazilian mobile market forecast in the
Q416 report update. The revisions account for the negative growth in 2015 and H116. Furthermore, the
challenging macroeconomic environment and the uncertain politica ..."
BMI View: Economic and political crisis in Brazil has hit consumer electronics spending hard, with steep
declines in 2015 and 2016. The outlook is subdued as a result of a sluggish economic recovery that means a
bounce back in device spending is unlikely, with the pur ..."
BMI View: The Brazilian IT market contracted sharply in 2015, with further, albeit less substantial, decline
forecast for 2016 due to a combination of political and economic factors. As the economy emerges from
recession and the political situation stabilises we envis ..."
With an economic shrinkage in 2015, Brazil is facing a massive slowdown with weakening commodity prices and a slumping currency. This is in line with Kable's survey which illustrates that most Brazilian enterprises are decreasing their ICT budg ..."
BMI View: Brazil's large electronics industry provided little insulation to the market in 2015, as a reliance
on imported components and a sharp deterioration in household purchasing power resulted in a sharp
contraction in spending on consumer electronics devices. We ..."
BMI View: Risk remains elevated in Brazil with an ongoing corruption scandal and impeachment
proceedings, while the economic environment is still a negative in 2016. We therefore expect another year
of local currency IT spending contraction, and sharp decline in US do ..."
BMI View: The challenging macroeconomic environment and the uncertain political outlook cast a long
shadow over all sectors in Brazil, including telecommunications. Ambitious national broadband expansion
initiatives, plans to abolish the legacy geographic wireline con ..."
BMI View: We maintain our negative outlook for the Brazilian consumer electronics segment in 2016 as we
forecast this to be the final year of market contraction before returning to growth trajectory from 2017
onwards. Brazilian consumer electronics spending declined s ..."
BMI View: The Brazilian IT market was severely impacted by US dollar appreciation in 2015, but the
decline in the Brazilian market specifically was severe due to the negative impact of the commodity
downturn and domestic economic and political uncertainties. We estima ..."
BMI View: The principal trend in 2016 will be one of consolidation involving mobile and wireline sectors.
The biggest deal would be the sale or break-up of TIM Brasil, with leading players Vivo and Oi the likely
winners. These companies would obtain significant market ..."