Telefónica accelerates pay-TV across Latin America


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Juan Fernandez Gonzalez

| 07 November 2015





Pay-TV is becoming one of Telefónica's quickest-growing operations worldwide, as the number of subscribers in Latin America have increased by 17% up to the end of Q3.


However, mobile remains Telefónica's greatest income generator in the region, with 111 million subscriptions, of which 6 million are 4G.

Pay-TV continues to show strength in Peru, where Movistar TV is the market leader with nearly 1.5 million subs, almost 65% of the market.

In Chile Telefónica nears 700,000 subs, being the second largest player in a market clearly dominated by VTR. Movistar TV's platform grows through convergent offers with broadband and phone services and thanks to a strong HDTV coverage.

The Spanish telco owns nearly half a million subs in Colombia, where América Móvil's Claro, DirecTV and UNE-Millicom top the market.

Only during Q3, Telefónica invoiced €3,634 million (12.6% more than Q3 2014) in Latin America, nearing the €11 billion barrier during the first nine months of the year. The figure represents almost a third of Telefónica's whole business worldwide, which has generated €35,337 million since January.