The Supervisory Body for Private Investment in Telecommunications (Osiptel) projected that the income of the telecommunications sector will remain above S/ 20,000 million in 2022 and 2023, given the expansion of connectivity of telecommunications services to levels prior to the COVID-19 pandemic.
According to the Directorate of Regulatory Policies and Competition (DPRC) of the regulatory entity, the estimated dynamism will be explained by the next advances expected for the mobile market, the sale of equipment and the growth of fixed internet connections, both in the short term and in the future. the long term, given the greater demand for connectivity, driven, in turn, by the expectation in the adoption of the 5G technology in the country.
The same positive outlook is expected for investments in telecommunications. The investment commitments for the deployment of regional broadband networks in Ancash, Arequipa, Huánuco, La Libertad, Pasco and San Martín, included in the forecasts, would explain, in part, the US$ 1,054 million projected for the end of 2021, which which would mean an escalation of 28.8% compared to the previous year.
Likewise, by 2022, investments in the sector are expected to be driven by the auction of the AWS-3 and 2.3 GHz spectrum bands.
More lines and connections
Osiptel projections also estimate that, at the end of 2022, there will be 43.9 million active mobile lines and that this sum will rise to 44.9 million by 2023.
According to the regulator’s calculations, this increase is explained by changes in content consumption, work and study habits that have adopted connectivity as part of the new normal after the coronavirus pandemic. COVID-19, as well as the impulse that the advance of 5G in the country could give.
The incorporation of technology will also be reflected in the estimated expansion of connectivity to the fixed internet access service, which would grow to 3.4 million connections this year and exceed 3.7 million connections next year after a growth rate of 9.7 %.