Megacable subscribers up 51,000 in 4Q 2020

Thursday, February 25th, 2021
Megacable logo

GUADALAJARA, Jalisco, Mexico — Megacable Holdings S.A.B. de C.V. (“Megacable” or “the Company”) (BMV:MEGA.CPO) announced today its financial results for the fourth quarter of 2020 (4Q20) and full year 2020.

Video Subscribers

At the end of 4Q20, the Video segment totaled 3,412,627 subscribers, registering a 5.8% increase, or 188 thousand net additions, compared to 4Q19; with regards to 3Q20, 51 thousand new subscribers were recorded.

Xview reported an increase of 39.9%, or 330 thousand net adds, compared to 4Q19, rising to more than 1.16 million subscribers, while compared to last quarter 104 net additions were posted. Likewise, HD service registered 270 thousand net additions compared to 4Q19, to reach more than 1.3 million subscribers. 83% of our subscriber base is digitalized by means of 5 million set top boxes (STB).

           4Q 2020    4Q 2019  % Var
         ---------  ---------  -----  
Video    3,412,627  3,224,798   5.8%
- Xview  1,157,458    827,109  39.9%

Links: Megacable