Antel managed to maintain its leadership in the Uruguayan telecommunications market at the end of 2022, reaching a share of 49.3% and a difference of almost 20% with its closest competitor. This figure represents an increase of 1.9 percentage points relative to its end-2021 market sharewhich was located in the 47.4%according to data from the state entity.
This increase in participation was due to the incorporation of more than 111,400 new services during the year 2022which shows Antel’s ability to adapt and grow in an increasingly competitive market.
In addition, the Ursec report indicates that the total number of subscriptions to the different mobile telephony companies in Uruguay increased by 5% during the same period, going from 2,225,367 in December 2021 to 2,336,811 in December 2022. .
According to the president of Ursec, Gabriel Gurméndez, these results are a reflection of the “effectiveness of Antel’s business plans and strategies” in an increasingly demanding and competitive environment.
A drop of several points compared to 2019
Although Gurméndez and the government celebrate this increase compared to 2021, when compared to 2019, the year before the pandemic, a rather noticeable drop can be seen.
According to URSEC data at the time, Antel had a 53% stake in mobile telephony, followed by Movistar with 31%, and Claro with 16%. In that year, the total number of voice services without Internet access was divided into: Claro with 51%, Antel with 39% and Movistar with 10%.
