Mexico, May 10 (Notimex) .- During the first quarter of the year, revenues generated by telecommunications companies grew at an annual rate of 2.6 percent, 7.7 times higher than what the economy as a whole did, indicated the consultant the Competitive Intelligence Unit (CIU).
In a report, it referred that the mobile segment, which generates six out of 10 pesos of the total of sectoral, illustrates to a large extent the evolution and competitive "stumble" of the market in general.
Consumption in terms of lines and mobile data intensity increased, to result in annual growth of 3.0 percent during the quarter; however, this growth dynamic was not homogeneous among operators, being the prevailing the one taking the greatest advantage of its condition.
Meanwhile, the fixed segment continued the packaging of double or triple play services and the creation of aggressive and competitive strategies by operators in the provision of the Internet, as well as an improvement in the conditions of supply to the final consumer.
Nevertheless, the CIU added, although the fixed broadband service registers stable growth in the upward contracting, it has been insufficient to compensate for the drop in segment revenues derived from the loss of added value due to the use of fixed telephone lines.
It stressed that the pay television market resumed its usual double-digit growth dynamics, despite registering a contraction in the satellite technology subscriber base of 8.3 percent per year.
"This is how the sector outlines a dynamic of positive growth during 2019, superior to that of the national economy, as a result of the increase in consumption, the contracting of services, the aggressiveness of competitors' offers, the packaging of services and the improvement in its quality," it pointed out.