Megacable video subscribers up 49,000 in 3Q 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 third quarter of 2022 (3Q22). 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 3,592,188 subscribers at the end of 3Q22, an increase of 76 thousand net adds over the 3Q21, equal to 2.2%. Compared to the previous quarter, the Video Segment’s subscriber base grew by 1.4%, equivalent to 49 thousand net adds.

The Xview platform maintained its upward trend and reached 2,913,758 set top boxes (STBs), which represents a 28.7% growth, and close to 650 thousand net adds compared to 3Q21. On a sequential basis, the Company recorded over 206 thousand net adds. In addition, digital subscribers accounted for 89% of the Company’s subscribed base through more than 5.2 million STBs.

Video Subscribers:

           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%

           3Q 2022    3Q 2021   % Var
         ---------  ---------  ------
Video    3,592,188  3,516,194    2.2%
- Xview  2,913,758  2,263,787   28.7%