0
General

Megacable profit soars 22% in Q2 as RGUs grow to 7.6 mln

Tuesday 24 July 2018 | 09:57 CET | News
Mexican cable operator Megacable reported revenues of MXN 4.93 billion in the second quarter, up 19.4 percent year on year on the back of subscriber growth across all segments. The company's EBITDA over the period totalled a record MXN 2.47 billion, up 21.8 percent from a year earlier, with a margin of 50.2 percent, up from 49.2 percent in Q2 2017. Net profit was MXN 1.32 billion, up 13.8 percent year on year, while net debt fell to MXN 1.01 billion from MXN 1.57 billion a year earlier.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Megacable
Countries: Mexico
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Megacable sales up 10% in Q1, tops 8 million RGUs

Published 30 Apr 2019 10:32 CET | Mexico
Mexican cable operator Megacable reported revenues of MXN 5.15 billion in the first quarter of 2019, up 9.7 percent year on year ...

Megacable sales up 12% in Q3 on higher ARPU, subs

Published 26 Oct 2018 09:17 CET | Mexico
Mexican cable operator Megacable reported revenues of MXN 4.85 billion in the third quarter, up 11.5 percent year on year on the ...

Huawei Marine, Megacable kick off Baja California Sur cable project

Published 23 Aug 2018 09:24 CET | Mexico
Huawei Marine and Mexican cable operator Megacable have confirmed that work is underway on the project to roll out a ...

Mexico's Megacable confirms MVNO plans

Published 25 Jul 2018 11:38 CET | Mexico
Mexican cable operator Megacable is still evaluating plans to become a 'quintuple play' provider by launching MVNO services in ...

Megacable planning to launch MVNO on Red Compartida

Published 13 Jul 2018 13:59 CET | Spain
Mexican cable operator Megacable is planning to launch an MVNO later this year or at the start of 2019 using the recently ...

Mexico's Megacable to invest MXN 450 mln in Baja California Sur submarine cable

Published 10 Jul 2018 11:46 CET | Mexico
Mexican cable operator Megacable is investing MXN 450 million to roll out a 250-kilometre undersea fibre-optic cable connecting ...

Megacable sales up 9% in Q1 on subscriber growth

Published 27 Apr 2018 14:23 CET | Mexico
Mexican cable operator Megacable reported revenues of MXN 4.69 billion in the first quarter, up 9.4 percent year on year on the ...

Mexico's Megacable to invest USD 269 mln in network this year

Published 14 Feb 2018 15:22 CET | Mexico
Mexican cable operator Megacable plans to invest MXN 4.84 billion (around USD 269 million) in expanding its network this year, ...

Megacable posts 7% rise in Q4 subs, sales flat at MXN 4.5 bln

Published 08 Feb 2018 08:57 CET | Mexico
Mexican cable operator Megacable reported revenues of MXN 4.52 billion in the fourth quarter, flat year on year in spite of a 7 ...

Telefonica launches fixed internet trial in Mexico

Published 23 Jan 2018 11:08 CET | Mexico
Telefonica, which operates under the Movistar brand in Mexico, has initiated a fixed internet trial in numerous cities across the ...

Mexico's Televisa consolidates pay-TV lead in Q2

Published 11 Jan 2018 10:46 CET | Mexico
Mexican broadcaster Grupo Televisa continues to dominate the local pay-TV market, accounting for 60.6 percent of the country's ...

Megacable net profit up 28% to MXN 978 mln in Q3

Published 30 Oct 2017 11:04 CET | Mexico
Mexican cable operator Megacable reported a 28 percent year on year rise in net profit to MXN 978.1 million in the third quarter ...

Mexico's Megacable posts 26% surge in net profit to MXN 1 bln in Q2

Published 28 Jul 2017 09:02 CET | Mexico
Mexican cable operator Megacable reported a 26 percent year on year rise in net profit to MXN 1.04 billion in the second quarter ...





Calendar   /   Industry Events

22 Oct DNA Q3 2019
22 Oct Grameenphone Q3 2019
22 Oct Calix Q3 2019
22 Oct Snap Q3 2019
22 Oct MWC Los Angeles 2019
23 Oct Telenor Q3 2019
23 Oct Orange Belgium Q3 2019
23 Oct Rogers Communications Q3 2019
23 Oct Millicom Q3 2019
23 Oct Microsoft fiscal Q1
23 Oct Netgear Q3 2019
23 Oct Annual Customer Service Summit
24 Oct Comcast Q3 2019
24 Oct Juniper Networks Q3 2019
24 Oct Netia Q3 2019
24 Oct Nokia Q3 2019
24 Oct Norwegian telecoms market H1 report
24 Oct Smith Micro Q3 2019
24 Oct Verisign Q3 2019
24 Oct STMicroelectronics Q3 2019
24 Oct Nordic Entertainment Q3 2019
24 Oct Amazon Q3 2019
24 Oct HKBN fiscal FY
24 Oct Maxlinear Q3 2019
24 Oct Televisa Q3 2019
25 Oct Doro Q3 2019
25 Oct Megacable Q3 2019
25 Oct KPN Q3 2019
25 Oct Proximus Q3 2019
25 Oct Shaw Communications fiscal Q4
::: More Calendar Items