News Summary:
Megacable recently boosted the productivity of 11,000 employees by implementing Microsoft 365 Copilot and transforming its operations with AI on June 4, 2026. This move aligns with a broader trend in Mexico's telecom sector, where operators are reining in capital expenditures and prioritizing deleveraging to support stronger free cash flow and gradual credit metric improvement from 2026, according to a Fitch Ratings assessment on May 6, 2026. Previously, on April 24, 2026, Megacable reported record revenues of MXN 9.36 billion for the first quarter of 2026, an 8.7 percent year-on-year increase. The company attributed this performance mainly to its Mass Segment, which saw revenues rise 11.3 percent to MXN 8.0 billion due to 101,000 new subscribers and expansion into new territories, although corporate revenues declined 4 percent to MXN 1.35 billion. Earlier, on April 23, 2026, Megacable disclosed it moderated its first-quarter investments, reducing capital expenditure by 13.8 percent year-on-year to 1.988 billion pesos, equivalent to 21.3% of its revenue, as part of a strategy to consolidate its business after several years of strong expansion.
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