Vrio, AT&T unit that controls DirecTV operations in Latin America and Sky Brazil, loses almost 3 million subscribers in Q2

On its Q2 2020 results report presentation, AT&T reported 10.7 million subscribers to Vrio, unit that concentrates DirecTV’s operations in Latin America and Sky Brazil. The figure includes the company’s DTH and DirecTV GO (OTT) customers. In addition, the company reported that, when canceling its operations in Venezuela, last May, DirecTV recorded 2.2 million subscribers in the country.

In addition to its Venezuelan clients, during Q2 2020 Vrio also lost 312 thousand clients in the region, which went from having 13.2 million clients on its base at the end of Q1 2020, to 10.7 million at the end of the Q2. The total loss was around 2.5 million subscribers in the last three months. On the other hand, at the end of Q2 2019, Vrio recorded 13.4 million customers, which, on an annual basis, means a decrease of more than 2.8 million subscribers.

AT&T did not make any mention on DirecTV GO subscribers in Mexico, where it was officially launched on March 24th. The company has also reported that the SVOD OTT HBO Max, now only available in the US, where it was launched in late May, totaled 4.1 million subscribers. While access to the platform is currently available for a USD 14.99 monthly subscription, there are also intentions to launch an AVOD option in the future. In addition, AT&T informed that it will shortly begin the international expansion of HBO Max, which will have Latin America as its starting point.