Megacable subscribers up 24,000 in 1Q 2021

Thursday, April 29th, 2021 
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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 first quarter of 2021 (1Q21).

Video Subscribers

The Video segment continued growing, reaching 3,436,267 subscribers at the end of 1Q21, an increase of 203 thousand net adds, or 6.3%, compared to 1Q20. On the sequential comparison, 24 thousand new subscribers were added.

Xview posted a growth of 60.6%, or 530 thousand net additions, compared to 1Q20, reaching over 1.4 million subscribers in 1Q21, while 247 thousand net additions were recorded compared to last quarter. 84% of our subscriber base is digitalized by means of 5 million set top boxes (STBs).

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

           1Q 2021    1Q 2020  % Var
         ---------  ---------  -----  
Video    3,436,267  3,233,503   6.3%
- Xview  1,404,064    874,451  60.6%

Links: Megacable