Megacable video subscribers up 43,000 in 3Q 2023
Friday, October 27th, 2023
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 2023 (3Q23).
Video Subscribers
The Video segment continues to grow, reaching 3,888,886 subscribers at the end of 3Q23. With 297 thousand net adds, this marks an 8.3% growth compared to 3Q22 and a 1.1% quarter-over-quarter rise, or 43 thousand net adds.
The Xview platform continues its upward trend, reaching 2,744,163 subscribers, a 27.4% growth, and over 589 thousand net adds year-over-year. Sequentially, the platform recorded 107 thousand additions. The quarter concluded with 4,125,616 active set-top boxes (STB) on this platform.
Video Subscribers:
1Q21 2Q21 3Q21 4Q21 --------- --------- --------- --------- 3,436,267 3,457,531 3,516,194 3,539,822 1Q22 2Q22 3Q22 4Q22 --------- --------- --------- --------- 3,541,998 3,543,478 3,592,188 3,675,615 1Q23 2Q22 3Q22 4Q22 --------- --------- --------- --------- 3,761,912 3,845,844 3,888,886
Links: Megacable
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