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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: América Móvil does not break out results separately for Net Servicos. Revenue for the whole of América Móvil’s Brazilian operations were $2.4 billion for Q3 2018, up 0.9%. In Brazil there are 115,000 subscribers on TV, fixed line and broadband services, a year-on-year increase of 19.3%. It has a total of 58.9 million wireless subscribers in Brazil, a decline of 2.4%. América Móvil is notoriously quiet about its Net Servicos operation, with the only mention in its Q3 2018 report…

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