DirecTV again revises down Latin America growth forecast
quinta-feira, 18 de julho de 2002 , 18h02 | POR REDAÇÃO

The outlook is far from rosy for DTH operators in Latin America. Sky has closed its doors in Argentina, and now it?s the turn of DirecTV Latin America to announce bad news. It isn?t winding up any operations but has just released numbers showing the slowest growth ever and has revised down its 2002 growth forecast for the second consecutive quarter. According to the latest financial report from Hughes Electronics, DirecTV Latin America added only 27,000 subscribers in the second quarter, on top of an equally meager 35,000 in Q1. That brings the subscriber base in the region to 1.66 million. The company hasn?t yet specified the number of subscribers added in Brazil in Q2, but it announced a contraction to 445,000 in Q1. The outlook for the rest of the year is equally gloomy. In January DirecTV expected to add 250,000 subscribers in 2002. In March the forecast was revised down to between 150,000 and 200,000. The latest figure is 120,000-140,000. The growth forecast for the United States hasn?t changed. DirecTV?s subscriber base in the U.S. expanded by 202,000 in Q2, reaching 10.75m.


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