VTR-Metropolis pulls off 10Mbps broadband coup

17 Aug 2005

Chile’s cable market leader VTR-Metropolis has launched the first broadband service to offer speeds of 10Mbps in the Latin American region, according to BNamericas. The move is part of VTR’s change in strategy to focus on high-end users instead of its previous targeting of low-budget customers. The company is aiming to exploit a niche market not currently covered by broadband rivals including Telefónica CTC Chile or Telefónica del Sur, and is offering 10Mbps connections at a similar price to its competitors’ 2Mbps services. By the end of June the cableco had 745,000 cable TV subscribers (or 88% of the market), 240,000 broadband internet users and 350,000 telephony subscribers.

Chile, VTR