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Broadband

Mexico's Megacable posts 14% rise in Q4 sales to MXN 4.5 bln

Friday 24 February 2017 | 11:53 CET | News
Mexican cable operator Megacable reported revenues up 13.5 percent year on year to MXN 4.46 billion in the fourth quarter thanks above all to a 15 percent rise in subscriptions to 6.4 million. The company's EBITDA over the period totalled MXN 1.84 billion, up 15.9 percent from a year earlier, with a margin of 41.4 percent, up 0.9 percent year on year. Net profit was MXN 996 million, up 0.3 percent from the year-earlier quarter, although full-year profit surged 15 percent to MXN 3.60 billion.

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Categories: Fixed
Companies: Megacable
Countries: Mexico
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