Cantv's DTH hits 675,000 homes in Venezuela
DetailsJuan Fernandez Gonzalez | 28 April 2015
By the end of Q1 2015, Venezuela's public telco Cantv was delivering its direct-to-home (DTH) TV platform to over 675,000 families in the country, almost 100,000 less subs than expected.
Though a drop overall, through the national satellite VENESAT-1, also known as Simón Bolívar, pay-TV's subs base has increased in the country's most remote areas. Moreover Cantv is still the strongest satellite operator in the Caribbean territory.
Currently, Cantv's DTH gathers over a third of Venezuela's satellite subscribers -competing with DIRECTV and Telefónica- and almost one in six pay-TV subs in a market of fewer than five million people.
According to previous reports , Cantv's DTH would be reaching 780,000 subs at the moment, while the official figures have reduced the digits in more than 100,000 units. Over the last two years, pay-TV has seen great growth in Venezuela, adding 1.5 million subs, becoming one of the greatest revenues generators within telecoms.
Cantv's satellite platform delivers 48 national and international networks, with entertainment, sports and educational programming, and seven digital radio channels. During the last three years, Venezuela's Government has been including the TV service as an essential telecom service for the country, thus publicly financing the satellite penetration in the most remote and rural areas.