This report explores the potential for growth of the Internet in Latin America. It considers whether users of the Internet will reach the critical mass necessary for businesses and governments to create economic and social value with Internet companies and initiatives. With value definition, challenges and solutions as background, the report considers technology adoption models and presents examples of companies and experiences in Latin America to illustrate those models. It recommends business models and policy approaches that will meet the unique needs of Latin American users. The report provides several alternative futures for the Internet in Latin America based on challenges, potential solutions and recommended models for growth.