América Móvil announced its financial results for the second quarter of 2017. The company reported 21.8 million pay TV units, a 0.8% annual decrease with 278,000 disconnections in the quarter, which represents 1.3% of total pay TV units, as a result of the loss of DTH subscribers in Brazil.
The company reported a net reduction of 467,000 units on its fixed-line business in Brazil, “approximately two thirds of which came from the disconnection of satellite pay TV clients”. In addition, pay TV revenues decelerated slightly to 1%. Brazil is America Movil’s largest pay TV market. In that country, the company has about 51% of total subscriber base (with operators Net + Claro + Blue).
América Móvil does not report the number of pay TV units it has in each Latin American country. In Colombia, its second market in terms of number of subscribers, it mentioned that “pay TV revenues grew 17.7%”.
In Peru, the company’s 1.4 million fixed-line RGUs dropped 3.3% compared to the year before, principally related to the disconnection of satellite TV clients.
In turn, the company said that “pay TV accesses expanded 17.1% in Paraguay”. In Ecuador, Pay TV platform increased 1.9% and in the Caribbean, pay TV clients grew 13.0%.