0
General

Megacable revenues up another 11% in Q3, tops 3 mln broadband customers

Friday 25 October 2019 | 09:36 CET | News
Mexican triple play operator Megacable reported consolidated revenues of MXN 5.41 billion in the second quarter of 2019, up 11.4 percent year on year following rises of 9.7 percent and 10.0 in the first two quarters of 2019 thanks to a successful bundling strategy and a surge in corporate sales. The company's EBITDA over the period came to MXN 2.48 billion, up 7.1 percent from a year earlier, with a consolidated margin of 45.9 percent. Net profit for the quarter was MXN 994 million, slightly down year on year due to higher depreciation and IFRS 16 effects.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Megacable
Countries: Mexico
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Megacable revenues and profit up in Q3 on 6% customer rise

Published 27 Oct 2020 10:09 CET | Mexico
Mexican triple play operator Megacable reported consolidated revenues of MXN 5.62 billion in the third quarter of 2020, up 4.0 ...

Megacable Q1 revenues up 7% on ARPU and customer growth

Published 24 Apr 2020 14:35 CET | Mexico
Mexican triple play operator Megacable reported consolidated revenues of MXN 5.52 billion in the first quarter of 2020, up 7.2 ...

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

Published 21 Feb 2020 09:45 CET | Mexico
Mexican triple play operator Megacable posted consolidated revenues of MXN 5.63 billion in the final quarter of 2019, up 11.2 ...

Technicolor helps Megacable deploy Mexico's first Docsis 3.1 service

Published 27 Jan 2020 11:52 CET | Mexico
Technicolor announced a contract to provide gateway devices for the new Docsis 3.1 cable network being rolled out by Mexican ...

Mexico's Megacable launches gigabit triple-play plans with HBO and Fox

Published 10 Dec 2019 11:45 CET | Mexico
Megacable has become the first Mexican operator to offer a gigabit broadband service following a tariff revamp. The company's new ...

Mexico's Megacable launches Megamobile 4.5G service on Red Compartida network

Published 18 Nov 2019 11:31 CET | Mexico
Mexican cable operator Megacable has officially launched its MVNO service after a 3-month trial earlier this year. The service is ...

Mexico's Megacable to officially launch MVNO next month

Published 29 Oct 2019 12:16 CET | Mexico
Mexican cable operator Megacable will officially launch its MVNO to all users next month following a 3-month trial with its own ...

Mexico's Megacable airs first original series production

Published 05 Aug 2019 11:31 CET | Mexico
Mexican cable operator Megacable has broadcast its first original series production on the Panico and Cine Mexicano channels as ...

Megacable updates FY guidance to 9-10% revenue growth

Published 24 Jul 2019 13:55 CET | Mexico
Mexican cable operator Megacable has issued updated guidance for 2019 following the publication of its second quarter results. In ...

Megacable sales up 10% in Q1, tops 8 million RGUs

Published 30 Apr 2019 10:32 CET | Mexico
Mexican cable operator Megacable reported revenues of MXN 5.15 billion in the first quarter of 2019, up 9.7 percent year on year ...

Mexico's Megacable launches MVNO on Red Compartida

Published 21 Jan 2019 14:10 CET | Mexico
Mexican cable operator Megacable has announced the launch of its MVNO under the country's 'Red Compartida' wholesale 4G shared ...

Megacable sales up 12% in Q3 on higher ARPU, subs

Published 26 Oct 2018 09:17 CET | Mexico
Mexican cable operator Megacable reported revenues of MXN 4.85 billion in the third quarter, up 11.5 percent year on year on the ...