Telefónica takes a gamble on pay-TV in Central America

Telefónica has launched a satellite pay-TV operation in Nicaragua, its first pay-TV operation in Central America.With the launch of Movistar TV HD the Spanish telecoms company has completed an unusual move, as it tried out first an over-the-top (OTT) video service bundled with mobile packages across the region and now it's moving forward towards a more traditional pay-TV business.

This decision by Telefónica will help to overcome the industry’s piracy fears, as Nicaragua has the highest piracy and under-reported subscribers rate in Central America (nearly 60 percent of pay-TV users).

Source: RapidTVNews