Mobile value-added sales (VAS) in Mexico generated revenues of US$1 billion for mobile operators during the first quarter of 2011, said the second edition of MAVAM Mexico (Acision Monitor of Mobile Added Value).
According to the study, Mexico represents 21% of VAS sales in Latin America and is nowthe second-largest VAS market in the region. Brazil represents 18% and Argentina 36%.
Acsion also pointed out that value-added services were a great driving force for sales across the mobile industry in Mexico during the first quarter of 2011, growing 35% from the year-ago period. During the same time, voice services revenue only grew by 2%.
VAS in Mexico represented 28% of mobile services revenue, 3% above the regional average of 25%. Messaging services (SMS and MMS) represents 60% oflocal VAS business, and showed a growth of 27% in U.S. dollars. With US$ 626 million in SMS revenue inthe first quarter, Mexico is the largest market in LATAM for messaging.
Mobile broadband services showed the greatest increase in user adoption, with 65% growth, representing 22% of Mexico’s overall VAS business. Other VAS categories – including entertainment, mobile banking, social networking and instant messaging – grew by 33%.
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