This is compared with the same period in 2025. The causes were higher memory and SoC costs, as well as the impact of sales channels increasing their inventories in anticipation of the price increase.

Smartphone shipments in Latin America fell 10% year on year in the second quarter of 2026, reflecting memory shortages and lower inventories held by sales channels following a significant increase in the first quarter ahead of expected price adjustments, according to Counterpoint Research’s Market Monitor for the second quarter of 2026.

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The group expanded its scale, demonstrating the effectiveness of its model focused on profitability and cash flow. Revenue reached US$ 2.179 billion. The mobile customer base increased 33.6% year over year to 55.8 million users. In the fixed business, the group’s networks now pass more than 22.1 million homes.

List all analysis

Regional smartphone market plunged 10% in second quarter

This is compared with the same period in 2025. The causes were higher memory and SoC costs, as well as the impact of sales channels increasing their inventories in anticipation of the price increase.

MORE ANALYSIS

Viettel enters the market and targets Claro, Altice and Viva

The Vietnamese operator, which is already present on the other side of the island in Haiti, was awarded 240 MHz of spectrum. What will be the first steps for the new fourth player entering a market with more than 11 million mobile lines?

At Antel Summit 2026, Uruguayan operator identifies reducing the AI access gap as a challenge

Telecom posts 13.4% increase in consolidated sales in first half

The digital Caribbean: Connectivity's bright spots and challenges in a fragmented region

Millicom consolidates regional expansion in record second quarter

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G20 countries sign “Carolina Principles” to avoid regulating AI