Key View: 

• After five years as a mobile-only operator, Bitel will launch fixed services in Peru, starting with fibre-based broadband.
• Claro will launch fibre services in 15 cities in the interior of the country during 2019.
• Despite Telefonica’s dominant position, Bitel and Claro’s investments in FTTH may threaten its hegemony by competing on

Key View

• The entrance of Chinese firm Cosco Shipping Ports as an equity partner in Peru’s Puerto Chancay project greatly increases the likelihood that the project will advance.
• We will await further details on the project before adjusting our forecast for Peru’s construction industry, in part as a result of the risk of delays facing major

The Latest: On October 22, the President of Peru's Congress, Daniel Salaverry, requested leave from the opposition Fuerza Popular (FP) party. On October 23, President Martín Vizcarra vetoed an FP-championed bill that would have led to the release of former President Alberto Fujimori from prison to house arrest. Alberto Fujimori was ordered back to