Mobile revenue in Latin America reached $63.6 billion

Latin America 4G subscriber growthMobile revenue in Latin America reached $63.6 billion (+3.5 percent) in 2017, according to a research report by Dataxis.

The mobile subscriber base fell 0.5 percent to 685.7 million. The mobile penetration in Latin America was 108.7 percent.

Mobile monthly ARPU of telecom operator in Latin America is $7.70.

Post-paid subscriber base is gaining share and reached 26.7 percent of the total lines in Latin America. 4G subscriber base already totalized 33.7 percent of the total mobile phone users in Latin America.

America Movil is the leader of the Latin American mobile phone market with 34.2 percent of the mobile lines, followed by Telefonica with 27.3 percent.