Share Square: Peru
Mobile market overview
Peru had a population of 31.0 million people and 31.4 million mobile subscriptions at the end of 2014, giving a mobile penetration of 101% - the lowest level of penetration of the major countries of South America. Around 68% of subscribers had a pre-paid account.
There are four Mobile Network Operators (MNOs) serving the Peru market (See figure 1), with two companies dominating the market – Movistar (Telefónica) with 16.8m subscribers and Claro (América Móvil) with 12.5m.