Megacable Holdings, S.A.B. de C.V., a publicly owned Mexican company, provides pay television services. Founded in 1983 through the merger of VICASIN and VICASON, it has grown to offer triple-play services including internet and telephony, as well as wireless services. Operating throughout Mexico, the company employs approximately 7,750 people and reported revenues exceeding $1 billion in 2024.
Megacable reported a significant revenue increase of 8.5 percent year-on-year, reaching MXN 8.51 billion in the final quarter of 2024. This growth resulted from adding over 1,620,000 unique subscribers during the October to December period. Despite this revenue growth, the company experienced a substantial decrease in net profit. Separately, Megacable announced a partnership with Amazon, offering free Amazon Prime memberships to subscribers of Mega-branded triple-play packages with broadband speeds of 100 Mbps or higher. The company also reported a 15.7% decrease in earnings for the year, but projects a 7.4% annual revenue increase and a 20.8% annual earnings surge.
Megacable offers 2 products in the media and telecoms services industry. Megacable's product portfolio comprises of broadcast television and radio and pay TV services.
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Megacable's revenues were $1.8B in 2024. Caretta Research has split Megacable's revenue into 2 different product categories, the largest of which is pay TV, which represents 51% of Megacable's revenue.
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