Megacable video subscribers up 21,000 in 2Q 2021
Thursday, July 22nd, 2021![Megacable logo Megacable logo](https://www.digitaltvnews.net/wp-content/uploads/logos/megacablecommx.png)
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%
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