New figures suggest strong growth for the rollout of fixed broadband lines in Argentina in the next four years.
In fact, according to data and analytics company GlobalData, fixed broadband lines in Argentina will grow from 8.4 million in 2019 to 9.9 million by the end of 2024, led by operator investment in fixed infrastructure.
Why this growth? GlobalData points out that growing demand for high-speed data services on fixed lines among residential and business customers, along with government initiatives to expand broadband services to rural and underserved areas, have led to the investment. It estimates that fixed broadband penetration will increase from an estimated 18.6 percent in 2019 to 21.0 percent by 2024.
Cable will represent 42.2 percent of total fixed broadband lines in 2019 and will remain the leading broadband technology through to 2024. Fibre lines will grow at the fastest compound annual growth rate (CAGR) – 13.1 percent over 2019-2024 – mainly supported by rising demand for high-speed broadband connectivity and ongoing fibre network roll-outs by operators like Movistar Argentina.
GlobalData additionally highlights the role of Argentina’s National Broadband Plan, launched in October 2018 to improve fixed broadband infrastructure across the country. The plan includes a new rural broadband tender, support to ISPs with financial backing, and roll-out of internet services to localities with up to 5,000 residents in 2019.
The state-owned satellite company ARSAT will also receive some $154m from a universal service fund (USF) by 2020 to help complete the Federal Fibre Optic Network, a federal backbone network made up of thirteen geographic regions, as well as provincial networks interconnected to the backbone.