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Mobile penetration in Costa Rica set to grow to 140 percent by 2016, up from 61 percent at present, says Pyramid Research

Thursday, November 17, 2011

Mobile penetration in Costa Rica will expand at an impressive rate to 140 percent by 2016, up from 61 percent in 2010, thanks to a rapid uptake of prepaid services and aggressive development in data services, according to a new report from Pyramid Research.

"Despite its relatively low penetration levels compared with its peers, Costa Rica's mobile sector contributes the majority of revenue, and Pyramid Research expects its share to widen by 5 percentage points by 2016," says José Magaña, senior snalyst at Pyramid.

The migration of more subscribers to prepaid services (for voice and data) and the further uptake of mobile Internet and mobile broadband will give operators more flexibility toward pricing and help users substitute fixed services with mobile offerings.

Original source: PR Newswire (press release)