CAMBRIDGE, Massachusetts, February 24, 2010 /PRNewswire/ -- The telecom regulatory framework in Colombia has become a major catalyst for the promotion of competition, and is predicted to drive market recovery starting in 2010, according to the latest report from Pyramid Research (http://www.pyr.com), the telecom research arm of the Light Reading Communications Network (http://www.lightreading.com).

Colombia: Operators Hope Regulatory Changes Help Spur a Market Recovery offers a precise, incisive profile of the country's converged telecommunications, media, and technology sectors based on proprietary data from our research in the Colombian market. It provides detailed competitive analysis of both the fixed and mobile sectors, tracks the market shares of technologies and services, and monitors the introduction and spread of new technologies, such as WiMax, IPTV, and VoIP. Published annually, this executive study provides a comprehensive view of the Colombian communications market by analyzing key trends, evaluating near-term opportunities, and assessing upcoming risks factors. Download an excerpt of this report here. (http://www.pyramidresearch.com/downloads.htm?id=18sc=GL022410_CIRCOL)

After a challenging 2009, Colombia is now the fifth largest communications market in Latin America based on revenue size. Given the convergence of relevant regional players and aggressive local groups in this country, Colombia stands as one of the most competitive communications markets in Latin America, notes Cesar Jimenez, Senior Analyst at Pyramid Research and author of the report. Now, Colombia's telecom regulatory framework is experiencing a major transformation toward the promotion of effective competition; of the more than 20 current regulatory projects, 10 deal directly with competition, he adds.

In 2010, we expect the regulatory environment to be dominated by significant events, such as the implementation of number portability (expected in March 2010), spectrum auctions in the 2.5GHz band, the defining of relevant markets and the implementation of specific antitrust regulation, says Jimenez. Overall, Pyramid Research expects the most attractive opportunities to be related to mobile services (voice and data), as well as broadband, Jimenez explains. Upcoming spectrum auctions will offer opportunities for deploying broadband wireless networks in Colombia, and vendors should prepare to benefit from the entry of number portability, as it will require network upgrades, new solutions, and new software.

Colombia: Operators Hope Regulatory Changes Help Spur a Market is part of Pyramid Research's Latin America Country Intelligence Report Series. Pyramid Research's premium Country Intelligence Reports are the industry's best available analysis on market trends, regulatory environments, and competitive dynamics for 60 countries worldwide. It can be purchased online here (http://www.pyramidresearch.com/store/CIRCOLOMBIA.htm?sc=GL022410_CIROL) or through Jennifer Baker at jbaker@pyr.com.

For more information about Pyramid Research's products and services, please visit http://www.pyr.com or contact us at info@pyr.com.

About Pyramid Research

Pyramid Research (http://www.pyr.com) offers practical solutions to the complex demands our clients face in the telecommunications, media and technology industries. Our analysis is uniquely positioned at the intersection of emerging markets, emerging technologies and emerging business models, powered by the bottom-up methodology of our market forecasts for over 100 countries - a distinction that has remained unmatched for more than 25 years. As the telecom research arm of the Light Reading Communications Network, Pyramid Research works with Heavy Reading, providing the communications industry's most comprehensive market data, trusted research and insightful technology analysis.

About Light Reading

Founded in 2000, Light Reading (http://www.lightreading.com) is the leading online media, research, and focused event company serving the US$3 trillion worldwide communications market. Lightreading.com is the ultimate source for technological and financial analysis of the communications industry, leading the media sector in terms of traffic, content, and reputation. Light Reading's research arms, Heavy Reading and Pyramid Research, provide the most comprehensive communications research, market data, and technology analysis in close to 100 markets around the world. Light Reading produces nearly 20 targeted communications events including TelcoTV, and TelcoTV Asia, Ethernet Expo New York and Ethernet Europe, and The Tower Summit @ CTIA, as well as focused one-day events tailored for cable, mobile, and wireline executives in the US, Europe, India, and China. Light Reading was acquired by United Business Media in August 2005 and operates as a unit of TechWeb.

About UBM TechWeb

UBM TechWeb (http://www.techweb.com), the global leader in technology media and professional information, enables people and organizations to harness the transformative power of technology. Through its core businesses - media solutions, marketing services and professional information - UBM TechWeb produces the most respected and consumed brands, applications and services in the technology market. More than 14.5 million business and technology professionals (CIOs, IT and IT Support managers, Web Digital professionals, Software and Game developers, Government decision makers, and Telecom providers) actively participate in UBM TechWeb's communities. UBM TechWeb brands includes: global face-to-face events such as Interop, Game Developers Conference (GDC), Web 2.0, Black Hat and VoiceCon; large-scale online networks such as InformationWeek, Light Reading and Gamasutra; research, training and certification services, including HDI, Pyramid Research and InformationWeek Analytics; and market-leading magazines such as InformationWeek and Wall Street Technology. UBM TechWeb is part of UBM, a global provider of media and information services for professional B2B communities and markets.

Press contact:

Jennifer Baker +1-617-871-1910 jbaker@pyr.com

SOURCE: Pyramid Research

CONTACT: Jennifer Baker, +1-617-871-1910, jbaker@pyr.com