Region in Focus: Latin America, Q2 2025
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An update on industry developments, market insights and country KPIs
The Region in Focus series provides an essential quarterly briefing on industry developments, market insights and country KPIs for mobile markets around the world.
It has been a busy period of M&A in Latin America, with Millicom and Telefónica at the centre of activity. There have also been several important regulatory developments, including a move in Argentina to cut taxes to make smartphones more affordable, and plans in Peru for direct spectrum allocations.
Note: As of Q2 2025, the Region in Focus reports are now titled according to the quarter analysed for market developments. This Q2 2025 edition focuses on analysis of the latest developments for Q2 2025, while providing country KPIs for the year to March 2025.
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