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General

Megacable's Q4 revenues up 14% year-on-year

Wednesday 18 February 2015 | 16:08 CET | News
Mexican cable operator Megacable recorded revenues of MXN 3.13 billion in the fourth quarter of 2014, up 14 percent compared to the year-ago quarter. Net profit jumped 65 percent to MXN 540 million in the fourth quarter, from MXN 327 million in the year-earlier period. Consolidated EBITDA reached MXN 1.25 billion, versus MXN 1.18 billion in Q4 2013. EBITDA margin declined to 40 percent from 43.1 percent in the year-ago period. Megacable ended 2014 with over 2.40 million video subscribers, over 1.33 million internet users, and 721,442 telephony customers. The operator's network reached a total

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Categories: General
Companies: Megacable
Countries: Mexico
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