The following is a guest post from Sofia Bobrik, CEO and Co-founder at TechWaves PR.
Latin America is a tough market for the region’s telcos and their customers. From indebted operators, falling revenues, and counterproductive incentives to unaffordable tariffs, low service quality, as well as a gap in connectivity and demand, the LATAM telecom industry must undergo a substantial transformation to become financially sustainable for participants.
Decentralized Physical Infrastructure Networks (DePINs) are capable of tackling these challenges and fostering the sector’s much-needed evolution with a distributed and resilient infrastructure facilitating scalable, reliable, and affordable telecom solutions across LATAM and beyond.
A struggling telecom market
Despite internet penetration rising from 46% in 2013 to 81% by 2023 in Latin America and the Caribbean, the region’s telecom industry faces unique problems that make it less sustainable and competitive than in Europe, North Americ
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