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Discussion in 'DIRECTV General Discussion' started by coolman302003, Jan 6, 2013.
Full PR can be found here: http://dtv.client.shareholder.com/releasedetail.cfm?ReleaseID=731411
Thanks for the info and link.
And we're waiting for the webcast to start.
We have warm up music.
Had a good quarter, final results in February.
100,000 net adds in US
Latin America also exceeded expectations.
By 2016 want to take 10 basis points out of churn.
New "Genie Box to launch this year, 1/3 less expensive", lowering SAC.
"Not a CEO in the US who doesn't think their stock is undervalued" and DIRECTV is definitely buying stock.
Hope to reduce call volume by 20M each year (currently 125M/yr.) @$4-5 per.
Will continue to increase offers to existing customers.
Including a new box every two years for PP customers.
Downplays any talk of merging. Still major portions of country with minimal competition.
What does the abbreviation "PP Customers" mean?
And please, people, no jokes about the abbreviation "PP", OK. :lol:
In about 20% of America, RSN costs are out of control. Currently have a surcharge of $2 or so for some new customers.
Will continue to work on controlling costs or carefully, selectively passing costs on. (Hard to have national pricing with certain RSNs trying to ask for lots of money.)
Still some large areas that have large market share upside potential in Latin America. Had some great successes in some countries, expects to extend that to rest of Pan-Americana (South American less Brazil.)
Goals are to double subs and double income in 5 years. So far on track at this point. (Plan is much of growth via Pan-Americana.
Brazil is very competitve and always has been. DIRECTV is working hard to beat the competition, using similar means as the US.
Time for Q&A
Questions about Latin America and how to decide when to expand there.
Looking forward to this.
The genie at 1/3 cost that is.