Megacable, also known as Megacable Holdings, S. A. B. de C. V., a publicly owned company headquartered in Mexico, was founded in 1983 following the merger of two small cable companies, VICASIN and VICASON. The company currently employs approximately 7750 individuals and reported $1.8B in revenue as of 2024. As a tier 1 media tech buyer, Megacable functions as a Mexican triple play provider, specializing in telecoms. It has acquired the rights to operate throughout Mexico, expanding its offerings to include internet, telephony, and wireless services.
On April 24, 2026, Mexican triple-play operator Megacable reported record revenues of MXN 9.36 billion in the first quarter, an 8.7 percent year-on-year increase. This growth was primarily driven by its Mass Segment (residential) segment, which saw revenues climb 11.3 percent to MXN 8.0 billion, fueled by 101,000 new subscribers and expansion into new territories. Conversely, corporate revenues decreased 4 percent to MXN 1.35 billion. Previously, on April 23, 2026, Megacable disclosed it reduced its first-quarter investment by 13.8 percent year-on-year in local currency, investing MXN 1.988 billion, or 21.3 percent of its revenue. This moderation in capital expenditure aligns with its strategy following several years of strong expansion, now focusing on business consolidation. Earlier on the same day, the company hosted its First Quarter 2026 earnings call, where CEO Enrique Yamuni and other executives presented results showing a notable revenue increase from its cable and telecommunications segments, highlighting successful execution of strategic initiatives like fiber-optic network expansion and signaling continued investment in infrastructure and services.
Megacable offers 5 products in the media and telecoms services industry. Megacable's product portfolio comprises of telecoms and media and TV services.
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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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