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Chile has a population of around 17.4m, and had 23.7 million mobile subscriptions at the end of 2013, giving mobile penetration of 136%. 5% subscriber growth is forecast for 2014, tapering off over subsequent years. 70% of subscriptions are Prepaid. There are 3 principal mobile network operators: Entel PCS, Movistar (Telefónica) and Claro (América Móvil), and 6 mobile virtual network operators (MVNOs).
The telecommunication sector in Chile has been one of the most dynamic sectors over the last few years and represented 5.72% of GDP in 2012. The market generated an estimated US$7.4bn