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Peru Nears Universal Home Internet as App Calling and Mobile Banking Surge

OSIPTEL’s Erestel survey credits wider mobile coverage, strong competition, high smartphone ownership.

Overview

  • By end‑2024, 92.6% of households had internet access, topping 9.8 million homes, according to OSIPTEL’s Erestel survey.
  • Access expanded most in underserved groups, with rural households rising from 41.5% in 2019 to 82.9% in 2024 and socioeconomic levels D/E reaching 89.9%.
  • Virtually all homes have a telecom service, with mobile telephony at 99.3% as cable TV falls to 33.9% and fixed lines to 4.6%.
  • Usage is shifting toward internet‑based calling and finance, with VoIP and app calls up nearly 26 percentage points year over year and digital banking access reaching 42.3%.
  • The mobile market is tilting toward postpaid, narrowing the historical prepaid lead to roughly 55% vs 45% in 2024 as demand for larger data plans grows.