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General

Megacable revenues up 11% in Q4 on customer and ARPU rise

Friday 21 February 2020 | 09:45 CET | News
Mexican triple play operator Megacable posted consolidated revenues of MXN 5.63 billion in the final quarter of 2019, up 11.2 percent year on year following similar annual rises in the previous three quarters of 2019 thanks to a revamped convergent strategy and growing corporate sales. The company's EBITDA came to MXN 2.52 billion in the final 3 months of the year, up 11.5 percent from a year earlier, with a consolidated margin of 44.7 percent, flat year on year. However, net profit for the quarter was down 7.3 percent to MXN 887.5 million due to higher depreciation and IFRS 16 effects.

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Categories: General
Companies: Megacable
Countries: Mexico
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