Telefónica embarks on pay-TV adventure in Central America Details Juan Fernandez Gonzalez | 13 May 2017 Telefónica has launched a satellite pay-TV operation in Nicaragua, its first pay-TV operation in Central America. With the launch of Movistar TV HD in Nicaragua, Telefónica has completed an unusual move, as it tried out first an over-the-top (OTT) video service*bundled with mobile packages across the region and now it's moving forward towards a more traditional pay-TV business. This decision by Telefónica will help to overcome the industry