BY CHRONICLE STAFF
The number of broadband subscriptions in Latin America and the Caribbean will double by 2011, according to Strategy Analytics.
This year, there will likely be 16.4 million broadband subscriptions in Latin America, an increase of 34.9 percent from last year, Strategy says. By 2011, that figure will reach 35.0 million, or more than twice todays level. That represents a Compound Annual Growth Rate (CAGR) of 23.6 percent.
"The 5 year [Latin American] CAGR (2007-2011) of 23.6 percent is the second-highest in the world, trailing only Central/Eastern Europe," says Ben Piper, director of Strategy Analytics broadband network strategies.