Chile fastest internet speed globally, fiber optics connections in Chile up 27.8%, 18 Latin American countries 103mn homes passed, subscriptions 46mn, global speeds up 28% and 17%, Colombia 90.8Mbps, Peru 67.6Mbps, Argentina 56.1Mbps, Mexico 49.6Mbps, Ecuador 46.8Mbps.
Chile has the fastest fixed broadband speeds in the world, according to Ookla. The country also has the highest fiber optics connection rate, with 2.83 million users in September 2022. Colombia’s average download speed is 90.8 Mbps, with Movistar providing 141 Mbps. Peru’s average speed was 67.6 Mbps, with Disruptor WIN providing 111 Mbps. Argentina’s average speed was 56.1 Mbps, with Movistar providing 92.8 Mbps. Mexico’s average speed was 49.6 Mbps, with TotalPlay providing 80.4 Mbps. Ecuador’s average speed was 46.8 Mbps, with Netlife providing 67.6 Mbps.
Latin American countries have seen significant growth in fiber optics connections and subscriptions in the past year. By the end of 2021, 103 million homes or buildings were passed with fiber, up 29% from 2020, and subscriptions grew 47% to 46 million. Globally, fixed internet speeds increased by 28% in November 2022 year-on-year and mobile speeds by 17%.
Chile, Colombia, Peru, Argentina, Mexico, and Ecuador are all investing heavily in fiber optics networks, with the goal of increasing coverage and connection speeds. Movistar and ETB in Colombia, and Movistar and Claro in Peru are focusing on fiber optics connections which can achieve up to 152 Mbps. Movistar in Argentina is migrating its clients from copper to fiber, with a goal of passing 3.7 million homes with fiber in 2022. TotalPlay in Mexico is a fiber optics operator with 5 million subscribers. Netlife in Ecuador is the leader in speed, providing 67.6 Mbps.
Latin American countries are making great strides in increasing fixed broadband speeds. With continued investment in fiber optics networks, these countries should see further increases in connection speeds and coverage in the coming years.