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Thursday, March 24, 2011

Nicaragua to Grow Faster Than Latin American Average Through 2015 http://www.insidecostarica.com/dailynews/2011/march/24/centralamerica1103002402.htm

With a total revenue forecast around $448 million for 2011, Nicaragua ranks last in Latin America. However, the country is expected to grow at a CAGR of 5.8 percent over the next five years, ahead of the 4.9 percent average expected for Latin America, according to a new report from Pyramid Research.Nicaragua: Growing Faster than Latin American Average through 2015 offers a precise profile of the country's telecommunications, media and technology sectors based on proprietary data from Pyramid's research in the market. It provides detailed competitive analysis of both the fixed and mobile sectors, tracks the market shares of technologies and services and monitors the introduction and spread of new technologies.

"Not only will Nicaragua grow at a faster rate than Latin America's average, the growth rate in Nicaragua will be the fastest of all countries in Central America due to its still-early stage of penetration in mobile services and Pyramid's expectation for growth even in the fixed sector, while other countries in the region are seeing fixed-to-mobile migration," notes Juliana Gomez, Research Analyst at Pyramid.

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