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Chile: Mobile market welcoming fresh competition

 |  March 20, 2013

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.

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