Megacable video subscribers up 24,000 in 4Q 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 fourth quarter of 2021 (4Q21) and full-year 2021.

Video Subscribers

The Video segment continued its growth trend and at the end of 4Q21 reached 3,539,822 subscribers, an increase of 127 thousand net adds, an increase of 3.7% compared to 4Q20; 24 thousand new subscribers were added compared to 3Q21. The Xview+ platform continues its upward trend and registered a 107.5% growth, which implies more than 1.2 million net adds compared to 4Q20, to reach 2.4 million set top boxes (STBs), while 137 thousand net adds were registered compared to last quarter. Digital subscribers accounted for 84% of the Company’s subscriber base through 5 million STBs.

Video Subscribers:

           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%

           3Q 2021    3Q 2020   % Var
         ---------  ---------  ------
Video    3,516,194  3,361,472    4.6%
- Xview  2,263,787  1,053,604  114.9%

           4Q 2021    4Q 2020   % Var
         ---------  ---------  ------
Video    3,539,822  3,412,627    3.7%
- Xview  2,401,261  1,157,458  107.5%