Venezuela's pay-TV subscriptions increase 26.85% in Q2

Juan Fernandez Gonzalez | 06-08-2013
Venezuela's telecoms authority Conatel has published figures for Q2 2013 revealing that the pay-TV sector has experienced the greatest growth in the country, with over 800,000 new subscribers, an increase of 26.85%, taking the total to almost four million.
According to Conatel, this is due to new packages and operators and cheaper offers, which have led to Venezuela seeing 52% of households paying for TV.
Investment in the telecom sector grew 6.68% compared to Q2 2012. Between April and June 2013, over $300 million was invested in improving communication services in Venezuela. The sector's income increased as well; with an invoice of $2,440 million, the telecoms entries grew over 33% compared to last year.
The country is also increasing the rate of Internet coverage, which currently reaches 43% of the population with fixed or mobile connections. 12.72 million Venezuelans are connected, but still only 2.15 million have broadband services.
Regarding telephone users, the coverage rate is 102%. By growing 5.1% in Q2, Venezuela reached 30.5 million mobile lines.