Telefónica Colombia closed Q3 2021 with more IPTV suscribers than DTH

Telefónica Colombia exceeded 285 thousand IPTV subscribers by the end of the third quarter of 2021, which represents more than half of the total number of pay TV clients, which reached 5,345 thousand. After a growth of 74.9% year-on-year, the service surpassed the DTH subscriber base in the country for the first time, according to the telco in a statement with the financial results for the period between January and September 2021.

In addition, the company reported that its total telecommunications customer base exceeded 21 million by the end of September of this year, of which 17.9 million correspond to mobile phone service. On the other hand, broadband registered 1.2 million subscribers, of which 488 thousand belong to the FTTH network.

“The results of the company -between January and September- show the positive commercial growth of the main services, in the midst of an intense competitive landscape, which also shows the benefits of a strategy that allows Movistar to consolidate in the broadband business with its fiber optic offering customers the best Internet connection technology in the country”, Fabián Hernández, CEO of Telefónica Movistar Colombia, explained.