Despite a general decline in the industry, cable operators are expected to maintain a 50% margin of total market by 2032, according to Dataxis’ ten-year projections.
Pay-TV service revenue in the country is set to decline over the forecast period in line with the continued losses in Cable-TV and DTH subscriptions because of the cord-cutting trend in the country and the growing popularity of OTT video alternatives such as Netflix and Stan.
The top pay-TV providers now account for 72.2 million subscribers, with the top seven cable companies having about 39.5 million video subscribers and other traditional pay-TV services having about 25.5 million subscribers.
In his new role, Rooke, former General Manager of Effectv, will oversee the day-to-day running of Comcast Cable’s Advertising Division, which includes FreeWheel, Effectv and AudienceXpress.
Liberty Latin America announced that its 49%-owned subsidiary Cable & Wireless Panamá has completed its acquisition of América Móvil’s operations in Panama (Claro Panamá).