Updated

Updated · Telecompaper EN · Jul 31

Megacable Lifts Q2 Sales 7.2% to MXN 9.33 Billion as Internet Subscribers Top 6 Million

Updated

Updated · Telecompaper EN · Jul 31

Megacable Lifts Q2 Sales 7.2% to MXN 9.33 Billion as Internet Subscribers Top 6 Million

1 articles · Updated · Telecompaper EN · Jul 31

MXN 9.33 billion in Q2 revenue marked a 7.2% year-on-year increase for Megacable, with the Mexican triple-play operator surpassing 6 million internet subscribers.
New subscribers from expansion into new territories drove the growth, extending gains from the Guadalajara-based group's recent network buildout.
MXN 4.19 billion in EBITDA rose 5.9% from a year earlier, showing operating growth alongside the subscriber increase.
Net profit climbed 11.0% to MXN 852.06 million, which Megacable attributed to positive and recurring cash generation.

Sources

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