Written by: Soumya Sekhar
A recent report by the Organización de Telecomunicaciones de Iberoamérica (OTI) has revealed that pay-TV incomes grew by 23.6% in Latin America in the third quarter of 2016.
Incorporating official data from every Latin American country, Spain, and Portugal, as well as figures from the Competitive Intelligence Unit, the report shows that the region’s pay-TV invoiced almost $7 billion during Q3 2016, driven by the strong performance of Mexico, Argentina, as well as Central America.
According to the figures, Honduras and Argentina saw their income increase by 30%, and Mexico’s pay-TV delivered a 17.7% year-on-year growth. Colombia (11.5%), Brazil (9.2%) and Chile (7.7%) also experienced a rise. The report specifically focuses on the Central American scenario, which delivered an average 9.9% growth in the quarter.