A CLOSER LOOK AT TELECOM IN CHILE.
Out of all of the countries in Latin America, Chile has the most developed telecom sector. Let’s take a closer look at all of the factors that contributed to how the country achieved this feat.
Chile was one of the first nations in its region of the world to deregulate its telecom industry to increase competition within the sector. The idea behind this move was that with more competition amongst companies, each company would devote more time to researching ways to make their services more efficient.
It also helped to strengthen the nation’s economy because many citizens immediately adapted to the technology. According to the World Economic Forum, Chile has the most competitive economy in all of Latin America.
After deregulation in the early 1990s, Chile knew that it had to find a way to ensure that all of its citizens, especially those living in semi-remote areas, had access to what the telecom industry had to offer. In 1992, Chile established the Telecommunications Development Fund, dedicated to bringing telecommunications services to rural towns, and the Enlaces Project, which enriched public school curriculums by incorporating computers.
Chile’s most recent development was the Digital Agenda for 2013-2020, which includes thirty goals to make telecom access more widespread.
UNIPOWER representative Fernandez Fica is helping Chile make improvements to its telecommunications networks.