Megacable video subscribers down 12,292 in 3Q 2024

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 2024 (3Q24). 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 3,856,636 subscribers at the close of 3Q24, with 3,347,586 of these subscribers having access to Xview. This represents a 22.0% growth and an addition of over 603 thousand net users to the platform compared to 3Q23.

Additionally, by the end of the quarter, 887 thousand subscriptions to digital apps were recorded, reflecting a 25.6% growth compared to the same period in the previous year.

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  3,914,090

     1Q24       2Q24       3Q24       4Q24
---------  ---------  ---------  ---------
3,928,939  3,868,928  3,856,636