Telefónica to launch TV services in seven new Lat Am countries

Telefónica is to launch video services in seven new Latin American markets next year.

The Spain-based telco plans to launch services in Ecuador, Uruguay, Panama, Costa Rica, El Salvador, Guatemala and Nicaragua in staggered rollouts throughout 2016, making a range or linear and on-demand services available. The company said it would continue to increase its commitment, including the development of its own production and exclusive content distributed on multiple devices via multiple technology platforms.

Telefónica currently offers video services in Argentina, Brazil, Chile, Colombia, Peru and Venezuela through different platforms including IPTV, DTH, cable, VoD and OTT. Currently, Telefónica has more than 4.5 million pay TV customers in Latin America, out of 8.2 million in total.

“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. This year we have become the leading provider of high-definition content, and we continue to grow throughout the region. Furthermore, in 2016, we are going to market our video services in more than twice the number of countries that we do today,” said Luis Delamer, director of Telefónica’s video unit of Latin America.

“We are determined to continue promoting the development of the pay-TV industry in the region, and content is now a core feature of the services we provide.”