Total mobile service revenues generated an estimated $2.1 billion in 2018 and will reach $2.9 billion by 2023-end.

Guatemalan mobile market will see solid mobile revenue growth through to 2023 on the back of postpaid and machine-to-machine uptake.

Mobile subscription penetration of population is anticipated to reach an estimated 116.7% by year-end 2018, higher than the regional average of 113.4%, according to a business intelligence report by GlobalData.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Guatemala mobile uptake

The penetration will grow further to reach 123.3% by 2023-end, mainly driven by strong growth in postpaid handset subscriptions and rising machine-to-machine adoption, according to the analysis of the central American nation’s telecommunications markets, service providers and key opportunities.

Total mobile service revenues generated an estimated $2.1 billion in 2018 and will reach $2.9 billion by 2023-end, growing at a compound annual growth rate of 6.2% over the period 2018-2023, according to the 41-page report by the data and analytics company.

The growth will be driven by a rise in the consumption of mobile data services led by 4G LTE and LTE-A networks expansions by telecom operators. Although new customers will be added, this will be counterbalanced by the deduction of inactive prepaid accounts.

Average revenue per user (ARPU) will increase from an estimated $9.35 in 2018 to $10.46 by 2023-end, mainly driven by a significant increase in postpaid mobile subscriptions and sustained roaming rates.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

While prepaid ARPU will increase from $8.01 in 2018 to $8.18 by 2023, postpaid ARPU will grow from $23.06 in 2018 to $25.53 by 2023. An improving postpaid base, as well as the introduction of M2M solutions, will support an increase in ARPU, the authors of the report found.