Peru is considered the second country with the greatest global growth in fiber optics

The telecommunications sector in Peru is undergoing a remarkable transformation, especially in the fixed internet access sector, where fiber optics is emerging as the leading technology.

According to a report by Point Topic, Peru registered the second highest growth rate worldwide in fiber-optic fixed internet connection during the fourth quarter of 2022.

This achievement highlights not only the accelerated adoption of this technology in the country, but also its crucial role in global connectivity. This article by Guinea Mobile explores this phenomenon in depth, analyzing the context, the impact on competition and future projections.

Peru’s fiber optic boom

In the last quarter of 2022, Peru experienced an impressive 16.2% growth in fiber-optic fixed internet connection, according to Point Topic’s report.

This growth was only surpassed by Germany, consolidating Peru’s position as a key player in the expansion of global connectivity.

This analysis, which includes countries with at least 0.5 million connections, places Peru above nations such as Argentina, India and the United Kingdom in terms of FTTH/B technology adoption.

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More than 1.5 million fiber optic connections nationwide

The Supervisory Body of Private Investment and Telecommunications (Osiptel) reported the growth in the number of fiber optic internet connections. As of June 2023, there were more than 1.5 million connections using this technology.

In detail, at the end of the first half of the year, there was a 76.6% growth in fiber optic connections compared to the same period in 2022.

Furthermore, the increase was sustained over the last five years, accumulating an average annual growth rate of 108%, as indicated by the PUNKU software tool.

Dynamism of the Peruvian market

Lennin Quiso Córdova, Director of Regulatory Policies and Competition at OSIPTEL, highlights this achievement as a reflection of the dynamism of the Peruvian fixed Internet access market.

In the first quarter of this year, fiber optic connections already represent 39.8% of the total market. It is projected that by the end of the year, fiber optics will surpass cable modem as the predominant technology.

Competition and regulation

The telecommunications sector in Peru has maintained stable investments in recent years, contributing to the development of infrastructure and quality services.

Regulatory measures implemented by OSIPTEL, such as the promotion of infrastructure sharing, have fostered competition.

This increase in competition is evident in the fixed internet market, especially in regions outside Lima, where the participation of new operators is remarkable.

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Transformation of regional providers

Rafael Muente Schwarz, executive president of OSIPTEL, highlights a more intense competition in regions due to the entry of new players, many of which were previously cable TV service providers.

Existing pay TV infrastructure has become an asset for offering fiber optic internet services.

This change shows the initiative of small and medium-sized entrepreneurs competing directly with large companies, increasing the number of providers in the provinces.

Peru’s prominent position in the growth of fiber optic internet connection is a significant milestone.

This momentum reflects not only technological adoption, but also the competitive environment that is evolving thanks to regulatory measures and the entry of new players into the market.

Fiber optics is set to become the dominant technology, promoting not only connectivity, but also competition and innovation in the Peruvian telecommunications sector.

The future looks promising, with a continued increase in fiber optic penetration and further diversification of providers across the country.

At Guinea Mobile we are always on top of the latest trends in telecommunications. If you are looking to improve your company’s communication with these innovative technological advances. Contact us for personalized advice.

Frequently Asked Questions

What are telecommunications and examples?

Telecommunication includes many technologies such as radio, television, telephone and mobile telephony, data communications, computer networks, Internet, radio navigation or GPS or telemetry.

What do telecommunications people do?

They are responsible for the design, research and development of cable and satellite communications systems, cell phones, radio waves, Internet and e-mail.