Specifically, the company has announced plans to develop IP backbone infrastructure that connects its existing global network to new PoPs in Fortaleza, Brazil; Buenos Aires, Argentina; Santiago, Chile; Lima, Peru; Panama City, Panama; and Mexico City, Mexico, over the next 3 years.
“Latin America is an exciting market for our company. Based on the success of our Brazil operations, we are confident that other key cities across the region will result in commercial success,” said Luis Fiallo, vice president of Latin America at CTA.
“Our network expansion plans will give us the foundation to serve customers in the region and from across the world. It will also enable us to offer new technologies like 5G, Internet of Things (IoT) and Smart City technologies that will greatly benefit the region.”
CTA’s regional and global presence is well placed to meet the growing demand for connectivity in Latin America, both within individual markets and globally. Working with local and global suppliers, CTA has connectivity options east to west across Latin America, as well as building connections to North America. In addition, it also leverages existing subsea cable investments reaching Europe, Africa and Asia.
According to Cisco’s Annual Internet Report, Internet penetration is expected to reach 70% of the Latin American population by 2023. The number of connected devices will also grow from 2.2 per capita in 2018 to 3.1 by 2023.
