Venezuela ends 2Q 2012 with 2.95 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 second quarter of 2012 were 2.95 million, up from 2.88 million at the end of the first quarter of 2012. Household penetration reached 41.3%.

Year-on-year 336,400 net new subscribers were added.

                            Quarterly      Y-o-Y    Household
Year  Quarter  Subscribers  Additions  Additions  Penetration
----  -------  -----------  ---------  ---------  -----------
2011        I    2,611,344     60,514    185,860       37.38%
           II    2,614,626      3,282    158,500       37.50%
          III    2,681,560     66,934    194,693       38.03%
           IV    2,794,776    113,216    243,946       39.48%
2012        I    2,882,520     87,744    271,176       40.56%
           II    2,951,048     68,528    336,422       41.32%

Source: CONATEL