Telefonica increases IPTV accesses despite losing pay TV subscribers in Latin America

As reported by Telefonica on its January-June 2020 balance sheet, officially published at the end of July, the Spanish company ended the first half of the year with increases in its IPTV client base in Latin America, including Brazil, despite the fall in pay TV subscribers it experienced in the region.

In Latin America, including Brazil, at the end of Q2 2020, Telefonica recorded a total of 4.16 million pay TV subscribers, of which almost 1.23 million were IPTV clients. Likewise, its IPTV subscriber base is increasing, since, throughout the region, at the end of Q1 2020 there were 1.1 million subscribers, while at the end of Q2 2019, the entire region concentrated 853,100 clients. In addition, in pay TV, the trend shows a decrease in the region, since, in Latin America, the number of pay TV clients decreased from 3,178.6 million to 2,889.7 million between Q2 2019 and Q2 2020 , that is to say, a fall of 9.1%. In addition, the decrease in customers was also recorded on a quarterly basis, since Telefónica ended Q1 2020 with 2,943.2 million.

According to the figures detailed by the company, in Brazil the number of IPTV accesses increased from 647,700 in Q2 2019 to 805,300 in the same period 2020, recording a 24.3% annual increase. There was also an increase in accesses via IPTV between Q1 and Q2 of 2020, since, in Q1, Telefonica recorded 753,300 and, at the end of Q2 2020, the 805,300 accesses already mentioned were recorded. At the same time, and coinciding with the trend that was reflected in Hispam, the number of subscribers reported by Telefonica in pay TV in Brazil, where it operates under the Vivo brand, at the end of Q2 2020 decreased by 13% compared to Q2 2019 , since at the end of this period there were 1,460.2 million, while at the end of the same period of the current year, Telefonica Brazil had 1,270.3 million. The figure reported by Telefonica in Brazil coincides with the numbers reported days ago by Anatel, who reported that, of the 15.18 million pay TV subscribers available in Brazil at the end of June, 1.27 million belong to Vivo. The drop in pay TV subscribers in Brazil was also reflected on a quarterly basis, since Vivo closed Q1 2020 with 1,282.9 million customers, and ended Q2 with the aforementioned 1,270.3 million customers.