DirecTV grows 16% in LATAM
Iñaki Ferreras ©RapidTVNews | 20-02-2012
DirectTV is growing rapidly in Latin America with the operator's fourth quarter net income increasing by 16% to $718 million on the back of revenue of $7.4 billion.
During the quarter, the company added 590,000 new subscribers in Latin America a record for the company.
Overall DirecTV has nearly 32 million subscribers in the U.S. and Latin America. On a general basis, the company reported strong consumer demand for the platform and SKY's premium brands which acted as a driver for gross additions in both US and Latin American businesses which were said to be at an all-time highs fuelling the largest annual net gain in DirecTV's history.
DirecTV Latin America owns approximately 93% of Sky Brazil, 41% of Sky Mexico and all of PanAmericana.