Mid-sized Brazilian internet service providers (ISPs) are reshuffling their operational structures and revamping their strategies to sustain growth in a highly competitive market under challenging macroeconomic conditions.
The market is prone to consolidation, which occurred mainly among mid-sized and small ISPs. According to ISP association Abranet, there were at least 80 such transactions in 2021, making mid-sized ISPs bigger and attractive for acquisition by larger providers and funds.
Around 16,000 formally registered ISPs are estimated to operate throughout Brazil. Of these, only a few hundred would actually be active, with operations and a minimal customer service structure.
VIA BNamericas