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 December 31, 2013.
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 81% 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 that digital is not available. For its digital video subscribers, VTR provides multiple packages starting with its basic package which includes 83 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 time-shifting capability. An analog basic cable subscriber receives 67 video channels, depending on location.
Digital Cable penetration3
VTR offers multiple tiers of broadband internet services. Download speeds of up to 120 Mbps are available with its next-generation broadband internet service utilizing EuroDOCSIS 3.0 technology. VTR's next-generation services are available to all of its homes passed.
VTR provides circuit-switched voice services, as well as feature-rich digital telephony via VoIP (Voice over Internet Protocol). Its fixed line services are available to 81% of its homes passed.
In May 2012, our 80% owned subsidiary, VTR Wireless, began offering mobile services in Chile through a combination of its wireless network and certain third-party wireless access arrangements. VTR Wireless offers both postpaid and prepaid mobile services.
1Revenue is presented for the year ended December 31, 2013.
2RGUs as of December 31, 2013.
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, 2012, unless otherwise stated.