América Móvil set for 21MN LATAM pay-TV subs by 2018
DetailsJuan Fernandez Gonzalez | 06 March 2015
The world's fifth largest pay-TV operator when it comes to subscribers, Mexican telco América Móvil is predicted to add nearly eight million subs through to 2018, surpassing the 21 million barrier in Latin America (of which nearly six million will belong to streaming platform Clarovideo) and grazing 25 million subs worldwide.
According to the latest report from the Dataxis' Operator Series 2015, Carlos Slim's group currently has 16.78 million subs worldwide, 14.66 million of which are based in Latin America.
The report, which provides in-depth profiles of each of the main pay-TV companies offering services in Latin America, including Televisa and Telefónica, projects that by 2018 América Móvil will add an extra 7.74 million subs in the region, ending the year with 21.32 million Latin American pay-TV households.
Between 2009 and 2013, the company's pay-TV revenue grew at a compound annual growth rate of 24.6%, with the largest share of the group's revenues generated by cable TV subscriptions, followed by DTH and IPTV subscriptions.
Brazil is the most important pay-TV market for America Movil in the region, with a single operator, Net Serviços, contributing well over half of the group's total pay-TV revenue in Latin America.
According to the report, the group's Clarovideo product is Latin America's second-largest over-the-top (OTT) video-on-demand (VOD) service behind Netflix, with 1.2 million subs at the end of 2014, a figure projected to grow to 5.98 million by 2018.