As part of its Q3 2020 quarterly results report presentation, Telefonica Brazil -where it operates under the ‘Vivo’ brand-, recorded a total of 855 thousand Pay TV accesses via IPTV, and 14.6 million FTTH HPs as of September 30th. According to Vivo’s report, the company plans to end 2020 with around 16 million FTTH HPs and 268 cities added to its FTTH network.
In relation to Pay TV accesses via IPTV, Vivo reported a 26% growth in comparison to Q3 2019, when it recorded 681 thousand accesses; and an increase of around 55 thousand accesses compared to Q2 2020. In turn, IPTV accesses, as officially reported by Vivo, represent 68% of the company’s TV customer base.
Vivo also reported that its total pay TV revenues at the end of Q3 2020 were valued at R$ 410 million (USD 71.5 million), figure 9% lower than the R $451 million (USD 79 million) it got at Q3 2019, and slightly higher than the R $ 408 million (USD 71.1 million) it reported at Q2 2020. In addition, Vivo reported that FTTH and IPTV revenues represent 31% of the company’s fixed revenues. This way, at the end of Q3 2020, Vivo’s FTTH revenues had a 56% increase in relation to the same period 2019; and those of IPTV grew 26.9% in comparison with the value reported as of September 30th of last year. Likewise, at the end of Q3 2020, Vivo’s pay TV ARPU was R $ 108 (USD 19) per month, a figure that shows a 2% growth compared to Q3 2019, and a slight growth compared to Q2 2020, when the ARPU was valued at R $ 106.8 (USD 18.6).
On the other hand, Vivo ended the third quarter of the year with 244 cities on its FTTH network, to which it added 28 cities in the last three months, since at the end of Q2 the network had 216. In addition, the company added almost 4 million FTTH HPs so far this year, since it ended 2019 with 11 million FTTH HPs, and reported the already mentioned 14.6 million as of September 30th, 2020.