Juan Fernandez Gonzalez | 23-07-2013
Spain's pay-TV platforms continue to drop customers and income – according to the latest report by telecom authority CMT, after Q1 2013 pay-TV platforms have less than four million customers, the lowest figure since Q3 2009.
Advertising incomes between January and March dropped 15% and pay-TV companies invoiced €358 million. According to CMT's report, cable and IPTV companies have 3.9 million subscribers.
Canal+ keeps the lead among the operators. Sogecable's platform dropped 4.5% and currently has 1.7 million customers, but it has increased income 19.5% to €300 million. The new policies of the company, which is fighting against a huge debt, seem to be working and adding value to the cable platform, which is looking for a buyer.
Movistar TV drops 18.9% and with 656,000 customers is still in third position behind ONO –which also dropped 6.8%. But Telefónica's cable platform overtakes ONO when it comes to income, losing 27%. Tomorrow ONO will present its own financial report and it seems that the bad results will force the cable operator to change its strategy.
The platform that represents the biggest drop is GolTV. Mediapro's sports channel lost 29% of its subscribers and closes March with 260,000 client