Megacable video subscribers up 43,000 in 3Q 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       2Q23       3Q23       4Q23
---------  ---------  ---------  ---------
3,761,912  3,845,844  3,888,886