22 July 2009

Dublin, Jul 22, 2009 (M2 PRESSWIRE via COMTEX) -- Research and Markets (http://www.researchandmarkets.com/research/cf2618/latin_american_con) has announced the addition of the "Latin American Convergence, Pay TV and Digital Media Market - 8th Edition" report to their offering.

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This report covers developments in the Convergence, Pay TV and Digital Media Market of Latin America and the Caribbean The countries covered in this report include: Argentina, Belize, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, the Dominican Republic, Ecuador, El Salvador, Guatemala, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Panama, Paraguay, Peru, Puerto Rico, Uruguay, Venezuela, and the small Caribbean island nations.

Convergence offers promising prospects in Latin America and the Caribbean, a continent with about 577 million people, a soaring broadband sector, low teledensity, relatively high TV penetration, and a growing VoIP market.

Convergence, however, has created a number of challenges for regulators, forcing them to revisit outdated laws in view of technological advances. In some countries, the broadcast and telecom industries are regulated by entirely separate authorities that do not always see eye to eye when it comes to convergence. As pay TV operators seek to branch into high-speed Internet and cable telephony, and telecom operators seek to add pay TV to their broadband and telephony services, these previously separate regulatory authorities must cooperate or merge to create a transparent and logical regulatory framework.

One of the consequences of triple play is the start of competition between cable TV and telecom operators. This is, of course, beneficial for customers, who have a greater choice between service providers. But in many countries, issues of market balance and fear of losing market share to competition have led to lengthy regulatory battles, involving cable TV companies, telecom operators, and regulatory authorities.

Although the region's pay TV market is still small, the long-term outlook is positive, particularly in view of convergence opportunities, the gradual upgrading of cable networks from analogue to digital, and the efforts to reduce signal piracy.

Nevertheless, pay TV in Latin America is beginning to suffer from the global economic downturn; the setback, however, is expected to be temporary. A more serious threat for cable and satellite TV operators will come eventually from IPTV, although bandwidth shortage and the lack of FTTx infrastructure are likely to delay widespread IPTV take-up.

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