...Consumers' income levels, affordability of telecom services, economic development, the competitive and regulatory landscape and technology development are among the key factors that determine telecom operators' business strategies in individual countries. In this report, Fitch explains how some of these factors have contributed to the current market structure of the Latin American (LatAm) mobile telecom industry in comparison to that market in the Asia- Pacific (APAC) region. Fitch Ratings also provides its view on the credit implications for LatAm operators of these factors, and how recent rises in smartphone and data adoptions, in line with the global trend, will affect the industry and the financial profile of operators in the region. Click on the questions below to read a detailed explanation of key industry factors. What is the key telecom market structure in Latin America? How mature is Latin America's telecom industry? How far behind is Latin America's network migration? Why is Latin...