• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Almost half of the rural population lives on less than USD 2.80 a day
The unemployment rate for women increased from 5.7% to 7.4% between 2019 and 2020
In one year, more than 650,000 people lost their jobs; index would recover in four years, according to experts
Information technology (ICT) reduced the digital divide in the country
Fishing sector rejects proposal to expand the Galapagos marine reserve
Municipality of Guayaquil announces that it will acquire the Russian vaccine Sputnik V, the Chinese Sinovac and the Oxford doses
Flights in Ecuador fail to recover the frequencies of before the pandemic
Achievements of digital transformation are exposed in “A Digitized Country, A Modern Country”
Yaku Pérez: ‘I am not a supporter of violence; I am adept of a resistance ‘
If the bill for the Defense of Dollarization in Ecuador is not approved, the next IMF disbursement of $ 450 million would be put on hold

It would lower the growth of credits and deposits; Ecuador’s banking analyzes scenarios

Posted On 04 Dec 2018

Ecuadornews:

Around 4.1 million people in the country, who represent around 35% of the market, do not have a mobile network or are not connected to broadband services. The operators see that this niche still has a wide field of development, as well as investment opportunities, according to the report Reform to the Tax System of the Mobile Sector in Ecuador.

The document published by GSMA, an association of more than 800 mobile phone operators and Internet accesses worldwide, shows that smartphone penetration in Ecuador is 49%, while the average in Latin America is 66%.

The figures are due to barriers such as accessibility due to the high tax burdens that operators and citizens assume; the difficulties for the deployment of infrastructure; the lack of aptitude to handle the mobile devices and the low interest in the user when not finding local content that motivates its access.

In Ecuador mobile market revenues represent 2% of GDP, tax payments and sector fees accounted for almost 4.9% of total government tax revenue. Operators contribute with 21%, while consumers with 9%. In the report, the GSMA recommends a 50% reduction in recurring payment for the use of the spectrum.

Also,a 50% decrease in the payment for concentration of the market and the elimination of the special consumption tax (ICE) of the advanced mobile service provided to companies. These measures would lead to a reduction in operators’costs for users, the attraction of investments and an increase in tax collection, the study indicates.

The Minister of Telecommunications, Santiago León, in several spaces has spoken about the need to review tax burdens, which allow all sectors of the population to have access to a mobile phone with Internet access and thus favor digital inclusion. (I)

Source: https://www.eluniverso.com/noticias/2018/12/04/nota/7081779/bajaria-crecimiento-creditos-depositos

About the Author
  • google-share
Previous Story

With Michelin star, Carolina Sánchez lives her great dream

Next Story

The Vice President of Ecuador resigned for acts of corruption

SEARCH

LATEST NEWS

Almost half of the rural population lives on less than USD 2.80 a day

Posted On 04 Mar 2021

The unemployment rate for women increased from 5.7% to 7.4% between 2019 and 2020

Posted On 04 Mar 2021

In one year, more than 650,000 people lost their jobs; index would recover in four years, according to experts

Posted On 04 Mar 2021
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net