Telefónica announced that it will launch video services in seven new Latin American markets in 2016, which will mainly be VoD services and linear television channels. These markets are Ecuador, Uruguay, Panama, Costa Rica, El Salvador, Guatemala and Nicaragua. The launch will be staggered throughout next year, and the service mode available in each country will be announced at the appropriate time, said the Operator in a statement.
Telefónica currently offers these services in Argentina, Brazil, Chile, Colombia, Peru and Venezuela through different platforms: IPTV, DTH, CATV, VoD and OTT. With this launch in seven new Latin American countries, Telefónica said that it will continue to increase its commitment to video services with great diversity of content, including its own productions and exclusive content, which its customers can enjoy via various different technological platforms and multiple devices.
In Brazil, at the end of the third quarter of 2015, Telefónica had increased its number of pay-TV customers by more than 150% year on year, after the integration of GVT in the company last May, which has enabled Vivo TV to be among the leaders in the local market in this sector. Currently, Telefónica has more than 4.5 million pay-TV customers in Latin America, and 8.2 million in total.
Luis Delamer, Director of Telefónica's Video Unit of Latin America
At Telefónica we are reaffirming our commitment to Latin America and we have the goal of becoming the first pay-TV company in the world in Spanish and Portuguese.
