A report by the Organización de Telecomunicaciones de Iberoamérica (OTI) has revealed that pay-TV incomes grew by 23.6% in Latin America in Q3 2016.

According to the figures, Honduras and Argentina saw their income increase by 30%, and Mexico’s pay-TV delivered a 17.7% year-on-year growth. Colombia (11.5%), Brazil (9.2%) and Chile (7.7%) also experienced a rise.
The report specifically focuses on the Central American scenario, which delivered an average 9.9% growth in the quarter.
According to the OTI, more mature markets such as Costa Rica, Panama and Honduras are generating new business opportunities thanks to the convergence of technologies and services.
However, affordable and satellite-based services are on the up in the more remote areas of the region.