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MAR 19, 2014 - Forbes

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While DirecTV Feels The Pinch From Unfavorable Change In Foreign Currency, Long Term Outlook For Latin America Looks Strong

DirecTV has been benefiting from its presence in Latin America. The company has more than 11.57 million subscribers in the region and they have been growing at an average annual rate of 24%. The challenging macroeconomic situation and currency devaluation in 2013 weighed over DirecTV's recent performance in the region. However, given that pay-TV is largely under-penetrated and the region lacks a developed wireline copper and coaxial-cable infrastructure, satellite TV has enough room to grow. We believe that DirecTV with its middle market focused programming packages will continue to see ... Read More

Tags: While DirecTV Feels The Pinch From Unfavorable Change In Foreign Currency, Long Term Outlook For Latin America Looks Strong,  Latin America Latest News