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Broadband

Megacable revenue jumps 21%, net profit up 30% in Q4

Saturday 1 March 2014 | 14:02 CET | News
Mexican cable operator Megacable saw fourth-quarter revenue increase 21 percent year-on-year to MXN 2.74 billion at 31 December 2013. For the accumulated twelve-month period, Megacable reported revenues of MXN 10 billion, which represents an increase of 12 percent year-on-year from MXN 8.97 billion in 2012. Net profit climbed 30 percent to over MXN 579 million in the fourth quarter of 2013, from MXN 444 million in the year-earlier period. Consolidated EBITDA reached MXN 1.17 billion, versus MXN 935 in December 2012. Megacable ended 2013 with more than 2.14 million video subscribers, 950,000

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Categories: Fixed
Companies: Megacable
Countries: Mexico
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