Megacable video subscribers up 21,000 in 2Q 2021

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 second quarter of 2021 (2Q21).

Video Subscribers

The Video segment maintained its growth trend, reaching 3,457,531 subscribers at the end of 2Q21, an increase of 196 thousand net additions, or 6.0%, compared to 2Q20. On a sequential basis, 21 thousand new subscribers were added.

Xview+ subscribers recorded its strongest quarter since its launch, achieving a growth of 91.4% in net adds year-over-year (equal to 984 thousand subscribers), to reach more than 2 million subscribers, while 656 thousand net adds were recorded versus last quarter. At quarter end, 84% of our subscriber base has been digitalized by means of 5 million set top boxes (STB).

Subscribers:

           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%

           2Q 2021    2Q 2020  % Var
         ---------  ---------  -----
Video    3,457,531  3,261,357   6.0%
- Xview  2,060,455  1,076,409  91.4%