Mexican pay-TV market set to grow by 17% in 2017 | Cable | News | Rapid TV News
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The Mexican pay-TV sector has revitalised the country’s telecoms sector, driving most of the growth for the industry, and it is set to continue doing so in 2017.

mexico tv paga 2017Cable and satellite TV will be the telecoms sector with strongest growth at the end of 2016, according to a report from the Competitive Intelligence Unit (CIU). During the current year, pay-TV will have grown by 21%, having invoiced over $3.8 billion. However, it still comprises less than a fifth of the whole telecoms business in the country.

“The pay-TV segment has become the main growth driver within telecoms. Such dynamism comes from the important growth of satellite TV and the constant increase of subscribers driven by price reduction,” said CIU analyst, Carlos Hernández.

The trend will be similar in 2017, as the pay-TV business is set to grow by 17.3% during the next 12 months following increased subscribers, better price conditions and improved services.

In fact, during the last couple of years, Mexico’s pay-TV sector has continued to grow, have retaken the leading position in the Latin American industry last summer.

However, according to the CIU, the growth in pay-TV won’t be enough to push the entire telecoms industry beyond predicted figures. In 2016, the telco players will have invoiced $21.8 billion, up 2.1% compared with 2015, but remaining below Mexico’s general economy growth (3.4%).

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