ICT Articles & Analysis

Chapter | ICT from The Report: Colombia 2017

The telecoms sector is adapting to the move from voice to data. Although this is set to affect operators’ financial results in the near term, rapid expansion of smartphones and 4G accessibility is set to enlarge the potential for new offers. Furthermore, the merger of different entities into a single regulatory body would simplify the rules for operators, ease procedures and remove the need to interact with a number of different watchdogs. In terms of IT, usage across Colombia, along with the deployment of the necessary infrastructure over several years, have created an environment in which the permeation of IT across business and society is well established, and is set to continue. As such, domestic conditions bode well for the continued expansion of the IT industry in the country over the medium term. This chapter includes an interview with David Luna, Minister of Information and Communication Technologies.
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A national drive is gaining pace in Trinidad and Tobago to prioritise access to data services as an engine for economic growth, part of wider plans to reduce the country’s reliance on hydrocarbons.

 

These have not been easy times for Colombia’s telecoms industry. Accustomed to growth averaging an annual rate of 7% over the past 15 years, the sector registered a 2% decrease in 2015.

 

With rising numbers of internet users and improved access to telecoms services across the country, Colombian consumers are turning to e-commerce as an easy option for shopping.

 

The rapid development experienced by the Colombian economy has been matched by the progressive adoption of IT by firms and end users.

 

Can the target of the digital economy accounting for 5% of Colombia’s GDP be met by 2018?

Chapter | ICT from The Report: Colombia 2017

The telecoms sector is adapting to the move from voice to data. Although this is set to affect operators’ financial results in the near term, rapid expansion of smartphones and 4G accessibility is set to enlarge the potential for new offers. Furthermore, the merger of different entities into a single regulatory body would simplify the rules for operators, ease procedures and remove the need to...