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General

Megacable revenues up 33% to MXN 3.7 bln in Q2

Tuesday 28 July 2015 | 10:15 CET | News
Mexican cable operator Megacable reported second-quarter service revenues of MXN 3.71 billion, up 33 percent compared to the year-earlier quarter. Net profit at the Guadalajara-based cable company increased 22 percent year-on-year to MXN 928.2 million from MXN 758.2 million a year ago, while consolidated EBITDA grew to MXN 1.39 billion from MXN 1.2 billion in Q2 2014. Megacable also continued to increase its video subscriber base to a total of 2.57 million at the end of June, up from 2.25 million a year earlier, consolidating its position as the country's largest cable-TV company. Broadband

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Categories: General
Companies: Megacable
Countries: Mexico
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