Internet market share in LATAM

Our recent market analysis unveils a notable presence of independent internet companies across the region, surpassing those owned by large conglomerates. Surprisingly, they still fall short of capturing 20% of the customer base.

Brazil takes the lead with the highest number of deployed companies, attracting nearly 1/3 of the customers. In contrast, independent ISPs in Chile and Uruguay hold 2% and 1% of the market share, respectively. These insights shed light on Brazil’s highly competitive ISP market, while Uruguay’s ANTEL dominates over 90% of the market share, and in Chile, seven companies control more than 90% of the market.

Sources 

BB Media – Audinet | 4Q 2023

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