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General

Megacable revenues up 24% to MXN 3.4 bln in Q1

Friday 1 May 2015 | 15:34 CET | News
Mexican cable operator Megacable reported service revenues of MXN 3.39 billion in the first three months of the year, up 24 percent compared to the year-earlier quarter. Net profit at the Guadalajara-based cable company rose 33 percent to MXN 775.3 million from MXN 581.8 million a year ago, while consolidated EBITDA grew to MXN 1.46 billion from MXN 1.19 billion in Q1 2015. Megacable consolidated its position as the country's largest cable-TV company, reaching a total of 2.49 million video subscribers at the end of March, up from 2.18 million at the end of Q1 2014. Broadband users increased

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Categories: General
Companies: Megacable
Countries: Mexico
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