Megacable video subscribers up 1,500 in 2Q 2022

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 2022 (2Q22). Figures were prepared in accordance with International Financial Reporting Standards (IFRS). All figures are expressed in thousands of Mexican pesos (Ps.), unless otherwise stated.

Video Subscribers

The Video segment reached 3,543,478 subscribers at the end of 2Q22, an increase of 86 thousand net adds year-over-year, equal to 2.5%. On a sequential basis it remained unchanged.

The Xview+ platform maintained its upward trend and reached 2,707,217 set top boxes (STBs), which represents a 31.4% growth, and more than 647 thousand net adds compared to 2Q21. On a sequential basis, the Company recorded 151 thousand net adds. In addition, digital subscribers accounted for 87% of the Company’s subscriber base through more than 5 million STBs.

Video Subscribers:

           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%

           1Q 2022    1Q 2021   % Var
         ---------  ---------  ------
Video    3,541,998  3,436,267    3.1%
- Xview  2,556,237  1,404,064   82.1%

           2Q 2022    2Q 2021   % Var
         ---------  ---------  ------
Video    3,543,478  3,457,531    2.5%
- Xview  2,707,217  2,060,455   31.4%