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General

Megacable's Q3 revenues up 16% y-o-y

Thursday 6 November 2014 | 14:18 CET | News
Mexican cable operator Megacable recorded revenues of MXN 2.880 billion in the third quarter of the year, up 16 percent compared to the year-ago quarter. Net profit jumped 2 percent to MXN 578 million in the third quarter, from MXN 566 million in the year-earlier period. Consolidated EBITDA reached MXN 1.20 billion, versus MXN 1.06 billion in Q3 2013. EBITDA margin declined to 41.8 percent from 43 percent in the year-ago period. Megacable ended September 2014 with over 2.29 million video subscribers, over 1.20 million internet users, and 678,455 telephony customers. The operator's network

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Categories: General
Companies: Megacable
Countries: Mexico
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