- CEO
- Enrique Yamuni Robles
- Full Time Employees
- 29,057
- Sector
- Communication Services
- Industry
- Entertainment
- Address
- Av. Lázaro Cárdenas 1694 Guadalajara Mexico 44900
- IPO Date
- Apr 17, 2014
- Business
- Megacable Holdings Megacable Holdings S.A.B. de C.V., S.A.B. de C.V. provides cable television, high-speed internet, and digital fixed telephony services to residential and business customers across Mexico. The company operates through Cable, Internet, Telephone, Business, and Other segments, offering digital and high-definition cable television packages including basic, premium, lifeline, and mini-basic video services; on-demand content such as pay-per-view and streaming; high-speed broadband internet via hybrid fiber-coaxial and fiber-to-the-home networks; fixed-line telephony; business solutions encompassing point distribution, virtual private networks, dedicated internet, voice over IP, data connectivity, and network management; content production and broadcasting including the Video Rola music channel and Megacanal local programming; advertising sales; and equipment leasing along with technical, sales, and administrative support. Founded in 1978 and headquartered in Guadalajara, Jalisco, the company maintains national coverage in all 32 states and over 550 municipalities, serving more than 12.7 million revenue generating units with a workforce of approximately 33,000 employees; it functions as a subsidiary of Nacional Financiera, S.N.C. Institución de Banca de Desarrollo and trades on the Mexican Stock Exchange under the ticker MEGA CPO. Megacable Holdings recently integrates its business units ho1a Innovación, MetroCarrier, and MCM Telecom into MCM Business Tech-Co, a new entity delivering comprehensive technology solutions such as hiperconectivity, hiperconvergence, unified omnicanal communications, cybersecurity, physical security, data centers, and infrastructure enhanced by artificial intelligence for enterprises, corporates, public sector, and carriers across sectors including finance, retail, hospitality, and manufacturing. Under its MEGA 2024 initiative, the company expands fiber infrastructure to pass 17.4 million homes by year-end, achieves 75% fiber coverage for subscribers with over 100,000 kilometers of last-mile network including significant migrations from hybrid fiber-coaxial, reports robust 2024 results with 10% EBITDA growth to MXN 14.6 billion driven by 13% internet and 17% fixed telephony subscriber gains, and completes the acquisition of mass market business from Axtel, S.A.B. de C.V. to bolster its position in the competitive Mexican telecom landscape.