Report: Latin and South American VoIP revs to hit $10.2B in 2014

Signals Telecom Consulting released the second edition of its "Analysis of VoIP Services: Latin America," which predicts that though regulation and low PC and broadband penetration have slowed VoIP growth in the area, the VoIP services market will surpass $10.2 billion in revenues by 2014. The report, which details VoIP regulation, adoption and projections of VoIP revenues in Latin and South American countries, predicted that Brazil will still be the market leader in 2014, accounting for 38 percent of the area's VoIP revenues.

Signals predicts strong growth for wireless VoIP and estimates that revenues for these services will cross the $1 billion mark in Brazil and Mexico in 2012, and Argentina and Venezuela in 2014. The report also found that VoIP proliferation has led to the establishment of three operator types in the region: facilities-based, non-facilities-based, and hybrid partnerships between the two.

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