The seven largest markets in Latin America totaled 418 million mobile lines at end of 2009, which reveals that there are 87.68 lines per 100 inhabitants, as derived from official figures reflected by the respective local regulators. The registration of mobile lines at the end of 2009 representing a growth of 10.74% with respect to the existence of 2008, a sharp slowdown in the pace of growth in previous years, attributable to the crisis.
worth noting that only Argentina, Brazil and Peru registered a growth rate above the regional average, as the last two was due to be relegated the two markets in terms of penetration. In turn, only Argentina and Chile - the most mature markets - were the only countries that managed to maintain a growth rate similar to that of a year earlier.
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