According to a recent study, barely four in every ten LATAM household has access to proper broadband connection. Uruguay leads the penetration with a rate of 79% homes having broadband, followed by Chile at 54%, Argentina at 49%, Mexico and Colombia at 48% and Brazil at 43%.
According to the study, most LATAM countries fall below the average figures having Guatemala stand at 17%, Nicaragua at 16% and Honduras at 9% standing at the bottom. Paraguay has 16% access to broadband, followed by Bolivia at 6%, Peru at 23% and Venezuela at 35%. OTT services are being launched every day but are limited to countries like Mexico, Argentina and Brazil.