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12 Apr 2019, EMIS Insights Industry Report Extract

Brazil: ICT Sector 2019/2023

Sector Overview

After poor financial and operating performance in the 2015-2017 period, Brazil’s ICT sector returned to a growth path in 2018. Apart from an uptick in economic activity and an improving job market, the sector was favoured by continued robust demand for internet-based services – both fixed and mobile – among local consumers. This led to a 2.9% y/y increase in the gross revenue of the sector in the first nine months of the year.

Sector Snapshot

In line with the increasing strength of the economy, the gross revenue of Brazil’s ICT sector rose by 2.9% y/y to BRL 176.6bn in the first nine months of 2018. The main factor in this positive performance was a 29.9% surge in fixed broadband turnover, supported by the expansion of the subscriber base and the migration of customers to plans with higher access speeds. The revenue from mobile telephony also grew by 3.2% y/y, favoured by higher demand for mobile broadband services, which offset decreases in both the usage of mobile voice services and average prices.

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