Cable & Wireless video wavers across the Caribbean | Cable | News | Rapid TV News
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The Liberty Global company Cable & Wireless has reported pay-TV subscriber gains in Panama and the Bahamas but losses across the rest of the Caribbean markets.

cable wireless 10 may 2017Looking at the general figures, Cable & Wireless has reported an organic RGU decline of 16,000 in Q2, including losses of video, Internet and telephony subscribers of 4,000, 3,000 and 9,000, respectively. In addition, mobile subscribers were down by 48,000 during the quarter.

In Panama, the telco added 10,000 RGUs, including 3,000 cable video subscriptions, while in Bahamas it added 2,000 RGUs driven by increasing fibre-to-the-home (FTTH) penetration. In Jamaica and Barbados, fixed subscribers dropped by 12,000 and 4,000 respectively.

“In Trinidad, we added 2,000 RGUs as growth in fixed-line telephony, through bundling promotions, more than offset a decline in video subscribers, due to continued competitive intensity,” said the company.

Thus, Cable & Wireless’ position continues to weaken in its largest video market. In fact, the company has admitted that the hit in Trinidad has been largely responsible for a decline in general video revenues across the region.

“Video revenue was 1% lower in Q2 primarily due to a decline in Trinidad, our largest video market, where we are working to stabilise our business in a challenging environment,” said the company.

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