41% of all mobile phones sold in Latin America in 2011 will be based on the 3G technology
Third generation (3G) and LTE networks are replacing 2G in Latin America and 3.5G and 4G will account for nearly half of all mobile devices sold in this region in 2016, according to Pyramid Research.
The report predicts that mobile revenues in Latin America will be double the amount of the revenues in the fixed communication market by 2015.
Pyramid Research senior analyst Vinicius Caetano, therefore, said how markets in South America should have to cope with increasing data usage and how networks in the region must adapt and evolve.
Caetano said, "In fact, 41% of all mobile phones sold in Latin America in 2011 will be based on the 3G technology."
"Even so, we expect LTE subscriptions to account for 6.9% of all mobile subscription in Latin America in 2016, which is 4 years after its first commercial deployments in 2012."