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General

Megacable Q1 sales up 8%, adds 444,000 subs YoY

Friday 30 April 2021 | 11:52 CET | News
Mexican triple play operator Megacable reported consolidated revenues of MXN 5.95 billion in the first quarter of 2021, up 7.8 percent year on year, driven by rising demand across its three mass market services and an uptick in corporate services. The company's consolidated EBITDA climbed 8.5 percent year on year to MXN 3.0 billion in the first quarter, with a consolidated margin of 50.5 percent, up 0.4 of a percentage point, although net profit fell 16.5 percent to MXN 1.10 billion due to foreign exchange pressures.

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Categories: General
Companies: Megacable
Countries: Mexico
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