Convergencia Research, Consultoría especializada en Latinoamérica y Caribe
Friday, September 22, 2023

Additional investments of US$ 17 billion are needed to achieve regional connectivity goals by 2030

The Telecommunications Study Center for Latin America ( and the Inter-American Development Bank (IDB) presented the report "Connectivity Gap and Investment Needs in Latin America and the Caribbean: An Economic-Financial Perspective."

The report indicated that, to achieve the aspirational coverage goals for the region by 2030, an additional investment effort of $17 billion is needed, which is 16% more than what was originally projected.

However, the telecommunications sector is not currently in a position to make these investments given its current financial conditions, market and local/global economic circumstances, as well as decreasing revenue trends.

The report suggests considering changes in regulatory, tax, and public policy frameworks that could modify the amount of investments allocated to network deployment.

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