Competition and Market Consolidation Augment Industry Convergence
January 18, 2017 | Frost & SullivanEstimated reading time: 1 minute
New business models such as over-the-top (OTT) video services from operators and content providers, business and home applications of broadband services, and machine-to-machine and payment applications in mobile networks are transforming and consolidating telecommunication services in Colombia. Stakeholders and investors need to offer value-added services, new sustainable business models and advanced technology in order to thrive in an evolving ecosystem.
“Traditional telecommunication services will experience increasing competition and lower margins, therefore market participants will need to think outside of the box and elevate their message by raising it above ‘connectivity’ - forging new narratives around business innovation and digital transformation capabilities,” said Frost & Sullivan Digital Transformation Senior Industry Analyst Gina Sanchez.
Colombia Total Telecommunications Services Market, Forecast to 2021, new analysis from Frost & Sullivan’s Communication Services Growth Partnership Service, finds that industry consolidation is likely to continue due to increasing capital expenditure requirements and decreasing margins. Projects and service portfolio transformation, seamless fixed-mobile convergence, and non-traditional sources of revenue will drive growth in the future.
Colombia’s total revenue from the telecommunications services market reached $9.1 billion in 2015 and is expected to top $11.5 billion by 2021 driven by TV and video services, mobile connectivity demand, bundled offerings, network upgrades and expansion as well as recovery of purchasing power.
While mobile data, fiber-to-the-home (FTTH) and Internet protocol television (IPTV) revenue services grew by double digits in 2015, mobile and fixed-voice services presented a significant drop due to decreasing mobile termination rates and substitution for other types of communication.
Azteca Telecomunicaciones, a regional player, and Orange Business, a global player, are examples of innovative companies that are growing above the market due to customer service, innovation and network expansion.
“Going forward, players will need to identify a vertical focus based on their skills, expertise, and partnerships,” noted Sanchez. “They should monetize new opportunities through innovative business models and introduce fresh capabilities and resources when developing new processes.”
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community.
Testimonial
"Advertising in PCB007 Magazine has been a great way to showcase our bare board testers to the right audience. The I-Connect007 team makes the process smooth and professional. We’re proud to be featured in such a trusted publication."
Klaus Koziol - atgSuggested Items
LPKF Strengthens Structural Resilience: 'North Star' Initiative Aims to Secure Long-term Profitability
09/16/2025 | LPKFLPKF Laser & Electronics SE has launched the "North Star" initiative, a far-reaching package of measures designed to strengthen the company's long-term profitability.
The Marketing Minute: Cracking the Code of Technical Marketing
09/17/2025 | Brittany Martin -- Column: The Marketing MinuteMarketing is never a one-size-fits-all endeavor, but the challenges are magnified for highly technical industries like electronics. Products and processes are complex, audiences are diverse, and the stakes are high, especially when your customers are engineers, decision-makers, and global partners who depend on your expertise.
Beyond the Board: What Companies Need to Know Before Entering the MilAero PCB Market
09/16/2025 | Jesse Vaughan -- Column: Beyond the BoardThe MilAero electronics supply chain offers opportunities for manufacturers that are both prestigious and strategically important. Serving prime contractors and Tier-1 suppliers can mean long-term program stability and the satisfaction of contributing to national security. At the same time, this sector is unlike commercial electronics in almost every respect. Success requires more than technical capabilities, it requires patience, preparation, attention to detail, and a clear understanding of how the business model differs.
Global Interposer Market to Surge Nearly Fivefold by 2034
09/15/2025 | I-Connect007 Editorial TeamRevenue for the global interposer market is projected to climb from $471 million in 2025 to more than $2.3 billion by 2034, according to a new report from Business Research Insights. The growth represents a CAGR of nearly 20 percent over the forecast period.
Indium Promotes Huang to Senior Manager, Marketing Communications
08/28/2025 | Indium CorporationWith its commitment to innovation and growth through employee development, Indium Corporation announces the promotion of Jingya Huang to Senior Manager, Marketing Communications, to continue to lead the company’s branding and promotional efforts.