Venezuela ends Q1 2011 with 2.57 million Pay TV subscribers

According to preliminary statistics published by its Comisión Nacional de Telecomunicaciones (CONATEL), pay TV subscriptions in Venezuela at the end of the first quarter of 2011 were 2.57 million, up from 2.42 million at the end of the same quarter of 2010. Household penetration reached 37.2%.

In the first quarter 45,000 net new subscribers were added.

                            Quarterly      Y-o-Y    Household
Year  Quarter  Subscribers  Additions  Additions  Penetration
----  -------  -----------  ---------  ---------  -----------
2009       IV    2,192,519    126,138    263,257       32.48%
2010        I    2,424,651    232,132    421,919       35.65%
2010       II    2,454,714     30,063    418,303       35.92%
2010      III    2,483,847     29,133    417,466       36.24%
2010       IV    2,526,050     42,203    333,531       36.71%
2011        I    2,571,355     45,305    146,704       37.23%

Source: CONATEL

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