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Brazilian Internet Access - January 2000 |
| Consumer Goods and Services | |
Internet market delirium hit Latin America in the 3rd quarter of 1999 with a number of high profile IPOs and strategic announcements. With 4.8 million users (est. December, 1999) divided amongst seven major markets, Latin America represents only 4% of the global ISP market. However, Brazil alone is home to 54% of the region’s internet accounts (2.6 million users), large enough to attract global interest. Twenty-four months from now, 5 million Brazilians will be connected, spending close to US$200 million on-line.
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