Venezuela Zon’s next pay-TV target?

9 May 2012

Portugal’s Zon Multimedia wants to expand its overseas pay-TV operations into new markets, with an entry in Venezuela potentially high on the list to add to its ‘Zap’ branded operations in Angola and Mozambique, reports Portuguese website CMJournal. Although officials from Zon did not confirm its intention to launch pay-TV in Venezuela, a spokesperson commented that the triple-play operator ‘continues to study many markets and many options.’ A potential launch in Venezuela could follow the same pattern as in African countries, the report claims – that is, with the launch of satellite-based TV services initially. However, the acquisition of existing Venezuelan operators could also form part of Zon’s future ambitions. CMJournal added that Zon’s Zap-branded businesses in Angola and Mozambique have around 200,000 customers. In a corporate governance report for 2011, the group said that Zap ‘registered a record growth in the number of customers in the last quarter of 2011, well above expectations,’ while classifying the operation in Angola, launched in 2010, as a ‘huge success.’

Angola, Mozambique, Venezuela, Nos