Venezuela keeps pay-TV figures under wraps | Media Analysis | Business
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Previously known as one of the most transparent telecom markets in Latin America, Venezuela hasn’t published any pay-TV stats for 2016.

venezuela conatelLast year was difficult for Venezuela’s telecom sector, which suffered unstable prices due to oil fluctuation and currency devaluation, especially during the first half of the year. The situation caused a crisis within the industry, which saw the market authority freezing prices in the summer.

However, some services, especially pay-TV, have been cited as having more than doubled their prices, which would have led to subscriber losses.

This may be one of the reasons why the telecoms authority Conatel hasn’t published any figures so far, when it usually posts detailed quarterly reports on each market and operator.

The last official figures are from December 2015, when the market totalled 5.02 million subscribers, representing over 67% penetration, the second highest rate in Latin America after Argentina.

These numbers also represented a half-million subscriber gain during the year, leading to optimistic forecasts for the future of the country’s industry.

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