BMI View: We expect Peru's IT market to recover from the dip in performance in 2015 and move to a much
stronger growth trajectory by 2017, as economic performance improves. Our Country Risk team expects
strong economic growth, with further upside from substantial so ..."
BMI View: We revised up both the data for 2015 and the medium-term outlook for Peru's consumer
electronics market in the Q416 update. The upgrade to 2015 reflects the latest import data that show the
decline in the PC and AV segments was slightly below our expectation ..."
BMI View: We maintain our positive outlook for the Peruvian telecommunications sector, particularly for
the mobile market. The mobile market posted healthy growth but organic growth rates have tapered off in
recent quarters, compared with the previous robust growth. N ..."
BMI View: With Peru's consumer electronics market highly dependent on imported devices, nuevo sol
depreciation was a drag on demand growth, and we expect there to be further pressure on affordability in
2016. The medium-term outlook is, however, brighter and we envisa ..."
BMI View: We believe Peru's IT market has quite strong growth potential over the medium term, although
economic headwinds will continue to present challenges in 2016. It is one of the smaller regional IT
markets, and the local industry is relatively underdeveloped, pa ..."
BMI View: MVNO entrance and the continued presence of Bitel and Entel will continue to spur competition
in the market, but with the downside risk of decreasing ARPU and revenues. The auction and subsequent
deployment of 4G in the 700MHz band will boost mobile broadban ..."
BMI View: After a contraction of the consumer electronics devices market in both 2015 and 2016 we
envisage a return to growth over the medium term as Peruvian purchasing power increases, which is
expected to deepen the market and help alleviate price sensitivity. This ..."
BMI View: Peru's IT market is one of the least developed in Latin America, with low device and solution
penetration among households and enterprises, but we do consider it to have bright prospects as the
household income profile improves over the medium term, alongsid ..."
BMI View: The launch of Bitel, offering low cost, prepaid services, while Entel has adopted an aggressive
strategy that will increase competition. Meanwhile, Azteca's Fibre Optic Backbone Network, set to be
completed in March 2016, will significantly boost wireline br ..."
BMI View: Depreciation against the US dollar negatively affected the consumer electronics spending
growth trend in Peru in 2015, but we expect this to be a minor dip and growth should move back to a
stronger growth trajectory from 2016. We hold a bullish outlook for m ..."