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General

Megacable updates FY guidance to 9-10% revenue growth

Wednesday 24 July 2019 | 13:55 CET | News
Mexican cable operator Megacable has issued updated guidance for 2019 following the publication of its second quarter results. In a statement, the company said it now expected a 9 to 10 percent rise in revenues this year in view of the results posted in H1, while consolidated EBITDA is expected to increase by 10 to 11 percent, including figures resulting from the acquisition of Axtel's residential fibre business in 5 cities for a total of MXN 1.15 billion.

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Categories: General
Companies: Axtel / Megacable
Countries: Mexico
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