ICT

The ICT sector is undergoing considerable development as the government implements its Vive Digital Plan, a strategy that targets the overall improvement of telecommunications connectivity and is expected to facilitate $12.5bn worth of investments into the sector between 2011 and 2014. The telecoms sector saw the mobile penetration rate surpass 100% in 2012 and its first major auction of 4G spectrum in 2013. While it still faces major challenges, the auction will improve network quality and increase the Vive Digital Plan’s budget considerably. Likewise the IT market has expanded, bringing in $5.8bn in revenue in 2012 as the adoption of new technologies increases, creating more opportunities for internet providers, software engineers and many other segments. This chapter includes an interview with Diego Molano Vega, Minister of Information and Communications Technology.