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General

Megacable revenues rise 9% in Q3, hits 10 mln RGUs

Wednesday 27 October 2021 | 12:03 CET | News
Mexican triple play operator Megacable reported consolidated revenues of MXN 6.15 billion in the third quarter of 2021, up 9 percent year on year compared to the previous quarter's record growth of 11 percent. The performance was attributed to subscriber growth across all segments, above all the residential sector, which rose 10 percent year on year thanks in part to the growing popularity of the Xview+ VoD platform. Consolidated EBITDA climbed 8.4 percent year on year to MXN 3.02 billion in the third quarter, with a consolidated margin of 49.1 percent, although net profit fell 13.4 percent

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Categories: General
Companies: Megacable
Countries: Mexico
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