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 Friday, December 05, 2008

Mexico’s telecoms sector has grown 24% in the third quarter of 2008, year-over-year, in terms of overall subscribers, boosted by gains in the fixed line telephony and pay TV segments, according to a report published by Cofetel. The telecommunication industry has posted a rise of 31.4% for the first three quarters. It adds 304,000 new fixed telephony lines and totals subscriber base to 20.4 million. The growth is attributed to number portability, introduced in July’08 and cable players as well.  In mobile telephony, the number of minutes of traffic grows to 35.9% year-on-year. The subscriber base reaches the mark of 73.1 million, grew 16.9% in comparison to 3Q07. The mobile penetration rate reaches 68.5%.

Source: Wireless Federation.