Megacable, also known as Megacable Holdings, S. A. B. de C. V., is a publicly owned company headquartered in Mexico. Founded in 1983 with an estimated 7,750 employees, it reported $1.8B in revenue as of 2024. Functioning as a tier 1 media tech buyer, the company specializes in telecommunications as a Mexican triple play provider. Formed from the merger of two small cable companies, VICASIN and VICASON, Megacable has acquired rights to operate throughout Mexico, expanding its offerings to include internet, telephony, and wireless services.
Mexican triple-play operator Megacable reported record revenues of MXN 9.36 billion in the first quarter of 2026, an 8.7 percent increase year-on-year. This performance was primarily attributed to its Mass Segment, which saw revenues climb 11.3 percent to MXN 8.0 billion due to 101,000 new subscribers and expansion into new territories. In contrast, corporate revenues declined 4 percent to MXN 1.35 billion during the quarter ending March 31. Previously, on April 23, Megacable announced it moderated its investments in Q1 2026, reducing capital expenditure by 13.8 percent year-on-year to MXN 1.988 billion, or 21.3 percent of its revenue. This decision aligns with a strategy to consolidate its business after several years of strong expansion. During the Q1 2026 earnings call, CEO Enrique Yamuni and other executives highlighted the successful execution of strategic initiatives, including the expansion of its fiber-optic network, and expressed confidence in maintaining momentum with ongoing investment in infrastructure and services.
Megacable offers 5 products in the media and telecoms services industry. Megacable's product portfolio comprises of media and TV services and telecoms.
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Megacable's revenues were $1.8B in 2024. Caretta Research has split Megacable's revenue into 5 different product categories, the largest of which is mobile services, which represents 29% of Megacable's revenue.
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