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Net Servicos (Brazil)

Net Servicos is the largest cable TV operator in Brazil. It is owned by Claro which is in turn part of Carlos Slim’s giant Mexican telco group América Móvil. Net Servicos runs the OTT service Now Clube. Operations and Figures: Revenue for the whole of América Móvil’s Brazilian operations were $2.71 billion in the first quarter of this year, down 0.5%. The group has 36.4 million subscribers on TV, fixed line and broadband services, a year-on-year decrease of 1.2%. It has a total of 60.2 million wireless subscribers in Brazil, a decline of 7.7% from Q1 last year. América Móvil does not break out results separately for Net Servicos but last time it di, it was on 8 million broadband…

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