Broadband connections up 50%

16 May 2006

According to BNamericas, the Chilean arm of Cisco Systems has reported that the number of broadband connections in Chile reached 800,000 at the end of the first quarter of 2006, up 49% compared to end-March 2005, and representing a 5.3% penetration rate. Cisco Chile, along with the local unit of US IT consultancy IDC, predicts the country will have in the region of 1.5 million broadband connections by 2010. Cisco and IDC Chile found that in rural areas broadband connections grew 14.5% over the twelve months ended 31 March 2006, while in the metropolitan region connections rose 11%. In the provinces, the largest growth was recorded in Regions II and IV with rates of 20% and 17%, respectively. There were over 88,000 new connections added in the first quarter of 2006, with a 13% increase in the residential segment and a 10% rise in the corporate segment, the report states. ADSL and fixed wireless connections grew 13% in terms of the number of users, cable modem connections climbed 12% and dedicated lines rose 5%.