The newest entrants in Chile’s mobile market in 2012 have made a significant splash as they’ve grown to control more than 1 percent of the nation’s market, according to Subtel, the telecommunications regulator. The mobile broadband market saw the most success with its newcomers, as Nextel held 2.2% of the 3G connectivity in the nation; VTR and Virgin also held significant percentages of the market for new entrants. The latest players to enter the market have shifted the dynamics of the mobile sector, and Subtel expects that the development will help to innovate and strengthen the market’s infrastructure and lead to more specialized technology. TCLD, Chile’s antitrust authority, recently nulled a prior ruling that banned telecommunications companies from revising differential rates for on- and off-net services, which may have aided competition.
Full Content: BN Americas
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
ConocoPhillips Acquires Marathon Oil for $22.5 Billion in Major Energy Sector Consolidation
May 29, 2024 by
CPI
Judge Denies Amazon’s Bid to Dismiss FTC Lawsuit Over Prime Membership Practices
May 29, 2024 by
CPI
Germany and France Advocate for Major EU Competition Reform
May 29, 2024 by
CPI
Equifax Accused of Monopolizing Employment Verification Market in New Suit
May 29, 2024 by
CPI
Car Battery Makers to Challenge EU Cartel Charges in Brussels
May 29, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Merger Guidelines Retrospective
May 21, 2024 by
CPI
Mergers of Complements
May 21, 2024 by
CPI
Personality Traits, Private Equity, and Merger Analysis
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Lessons in the Importance of Incipiency, Modern Economics, and Monopsony
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Sharpening Merger Analysis
May 21, 2024 by
CPI