The telecommunications company Vivo -name under which Telefonica’s operations in Brazil are known- announced its decision to renew its partnership agreement with Media Networks Latin America (Telefonica) so that the company is responsible for supporting Vivo’s DTH operations until the end of next year.
Although Media Networks belongs to Telefonica, last April, Hispasat (Grupo Red Electrica) announced that, from that month’s 29th, it began to take over the management and transport business of Media Network’s audiovisual networks in Latin America. With the announcement, Vivo confirms that it will continue to provide its DTH offering to its current customers until the end of 2022.
Vivo stopped marketing its pay TV offering via DTH at the end of 2019. Since then, the company has concentrated its efforts on deploying FTTH, as well as on its IPTV offering. One of the latest initiatives announced by Vivo and the global investment group CDPQ in this area is the creation of ‘FiBrasil Infraestrutura e Fibra Ótica S.A’. (FiBrasil), to build, develop and operate a neutral and independent fiber optic wholesale network in Brazil, with which they plan to reach around 5.5 million FTTH HPs in the country over the next four years.
In addition, according to the latest figures reported by Anatel, Vivo ended March with 1.22 million customers on its Pay TV base, of which 914 thousand belong to its IPTV offer.