IFC on the Nicaraguan telecom industry
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IFC on the Nicaraguan telecom industry


An active tower market which could expand further thanks to Xinwei

TowerXchange: Guillermo, what is IFC’s view on Nicaragua?

Guillermo Mulville, TMT Sector Lead Latin America, IFC:

Nicaragua is the largest country in Central America, although with only six million inhabitants it is not densely populated. A GNI per capita of around US$1,800 makes it a lower-middle income country.

Although the telecoms sector accounts for a comparatively high percentage of the country’s GDP, by regional standards it is quite small, with combined revenues of less than US$1bn. Despite its size, the sector is showing healthy growth and, as expected, mobile data is driving a significant part of it.


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