In its presentation of Q1 2020 results, Telecom Argentina exceeded one million Flow Boxes distributed. The exact figure amounts to 1,015 thousand, and represents 49 thousand STBs more than the 966 thousand registered at the end of 2019. Likewise, compared to Q1 2019, the company registered 413 thousand Flow Boxes more distributed to its customers.
The report also highlights that, as of Q1 2020, the number of subscribers to its TV offer totaled almost 3.5 million, a loss of 22 thousand clients in relation to Q4 2019. On the other hand, the monthly TV ARPU for the first quarter of the year it reached AR $ 1,250.6 (USD 18.44). Likewise, the average monthly churn was 1.4%, being 1.5% in Q1 2019, and sales of cable TV services in Argentina reached AR $ 13.1 million (USD 193.4 thousand ), AR $ 1,079 million (USD 15.9 thousand) less than the figure registered in Q1 2019.
During the first quarter of the year, the company continued to promote the incorporation of new content and co-productions into Flow. In addition, with the aim of accompanying its clients during the period of social isolation due to the Coronavirus pandemic, Telecom allowed all Cablevisión clients to download the Flow app for free, which integrates linear TV channels, and offers more than 13 thousand hours of content on demand, through a catalog of series, films, documentaries, recitals and esports tournaments, added to the possibility of renting recently released films. Some of the co-productions available in Flow to which the report refers are the Argentine series El Tigre Verón , Tu parte del-both produced by Cablevisión, Turner, El Trece and Polka-, and Atrapa a un robber (with Viacom International Studios), among others. Likewise, Los Internacionales’, a new co-production by Viacom International Studios (VIS), Olympusat, The Mediapro Studio and Flow , will be released this Wednesday May 20 in Argentina through the open TV channel Telefe, and the next day, Thursday 21 , will be available in full to be seen on demand in Flow.
The Telecom report also highlighted that, as of March 31, 2020, the number of broadband accesses totaled approximately 4.1 million, 49,000 fewer than those registered in Q4 2019. Likewise, in 1Q20 the broadband ARPU it reached AR $ 1,107.5 (USD 16.33) per month, and the monthly churn for the period was 1.6%. Telecom also mentions that almost 66% of broadband customers had, at the end of Q1 2020, a service of 20Mb or more (increasing compared to the participation registered in Q1 2019, which was 44%).