Main wireless operators in Argentina 2022, by market share

In the fourth quarter of 2022, Claro – a mobile phone company owned by América Móvil – concentrated 40 percent of all wireless subscriptions in Argentina. Telecom Argentina’s Personal and Telefónica’s Movistar followed with 34 and 27 percent of market share, respectively.

Small screens, big players

The holdings behind the three brands presented stand among the leading telecommunication providers in Latin America and the Caribbean. Altogether, América Móvil, Telefónica, and Telecom Argentina generated around 67 billion U.S. dollars in revenue in the region in 2022. That year, the revenue of Carlos Slim’s group added up to 38.72 billion dollars in the Southern Cone alone, which, by América Móvil’s accounts, include Argentina, Chile, Paraguay, and Uruguay.

Argentine mobile market on the rise

It was forecast that, in 2022, there were over 37 million smartphone users in Argentina. This number was projected to surpass 42 million by 2028. There is still room for growth within this segment, however. It was estimated that just over 80 percent of the Argentine population used smartphones as of 2022, which suggests that the mobile market remains set to expand in that South American country.