Our primary operation in Latin America, VTR GlobalCom S.A. (VTR) is Chile’s largest multi-channel television provider, and a leading provider of broadband internet and residential voice services. VTR provides video, broadband internet, and traditional circuit-switched & digital (VoIP) telephony services to 2.6 million service subscribers (RGUs) represented by 1.2 million customers, as of March 31, 2014.
VTR’s customers are located in Santiago, Chile’s largest city, the large regional cities of Iquique, Antofagasta, Concepción, Viña del Mar, Valparaiso, Rancagua, and smaller cities across Chile. Its cable network is 82% upgraded to two-way capability, with 85% of cable homes passed served by a network with a bandwidth of at least 750 MHz.
VTR also offers a range of broadband communications services to business customers in its core communities within Santiago and its core metropolitan networks outside of Santiago.
RGUs: 2.6 million2
VTR provides digital services with analog services offered only in areas where digital is not available. For its digital video subscribers, VTR provides multiple packages starting with its basic package which includes 86 video channels and several radio channels. In addition, VTR offers its customers various premium channels, HD programming, interactive services such as VoD, an electronic program guide, as well as DVR services. An analog basic cable subscriber receives 67 video channels. VTR also owns and operates Bazuca.com, a non-subscription service that provides online streaming content on a pay-per-view basis.
Digital Cable penetration3
VTR offers multiple tiers of broadband internet services. Download speeds of up to 120 Mbps are available utilizing EuroDOCSIS 3.0 technology. VTR’s services are available to all of its homes passed.
VTR provides feature-rich telephony service over its cable network via either circuit-switched telephony or VoIP (Voice over Internet Protocol), depending on location. Its fixed line services are available to 82% of its homes passed. Since September 2013, VTR Wireless offers mobile voice and data services as a full MVNO pursuant to an arrangement with a third-party mobile telecommunications provider.
1Revenue is presented as annualized results for the three months ended March 31, 2014.
2RGUs as of March 31, 2014.
3Digital Cable penetration is calculated by dividing our digital cable subscribers by the sum of our analog cable and digital cable subscribers. As of period end.
4Internet penetration is calculated by dividing our internet subscribers by two-way homes passed. As of period end.
5Voice penetration is calculated by dividing our voice subscribers by two-way homes passed. As of period end.
Information above is presented as of December 31, 2013, unless otherwise stated.