Colombia Telecommunications Sector Report H2 2024

Colombia's economy is on a gradual recovery path, with real GDP growth expected to reach 2% in 2024 and 2.8% in 2025, according to BBVA Research estimations. Inflation is forecast to decline, reaching 5.2% in December 2024 and 3.8% by December 2025, leading to further interest rate cuts. The ICT sector could face challenges due to increased import costs for technology infrastructure. However, investments in infrastructure, AI and digital transformation will fuel the sector's growth. Adopting emerging technologies presents opportunities, but also challenges such as the lack of infrastructure in rural areas, and cybersecurity risks need to be addressed collaboratively by the government, private sector and education institutions.

This report provides a complete and detailed analysis of the "TMT" sector for Colombia. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "TMT" sector in Colombia
• Crystallise the forces both driving and restraining this sector in Colombia
• Ascertain Colombia’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in Colombia.
• Build a clear picture of trends, output and consumption for specific sub-sectors