Megacable Holdings, S.A.B. de C.V.: Business Overview, Financials & Competitive Analysis
Megacable Holdings, S.A.B. de C.V. scores 7/10 on the AskCyborg Cyborg Score (Strong). Established telecommunications leader with strong fiber expansion, improving profitability metrics, and market consolidation tailwinds in Mexico's growing broadband sector. Megacable achieved strong subscriber growth reaching 5.86 million unique subscribers and became Mexico's second-largest broadband operator. Total revenues reached Ps. 8,921 million with 8.6% year-over-year growth, while EBITDA.
What is Megacable Holdings, S.A.B. de C.V.'s industry? Megacable Holdings, S.A.B. de C.V. (megacable.com.mx) operates in Telecommunications and Diversified Media - Cable Television, Broadband Internet, and Fixed-Line Telephone Services. AskCyborg classifies Megacable Holdings, S.A.B. de C.V. under Telecommunications and Diversified Media - Cable Television, Broadband Internet, and Fixed-Line Telephone Services in its company registry.
Megacable Holdings is a Mexican telecommunications company engaged in the installation, operation, and maintenance of cable television, internet, and telephone signal distribution systems, offering these services to r...
Cyborg Score thesis
Established telecommunications leader with strong fiber expansion, improving profitability metrics, and market consolidation...
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Get Current Report FreeMegacable Holdings, S.A.B. de C.V. Overview
Pro stress-test →Megacable Holdings is a Mexican telecommunications company engaged in the installation, operation, and maintenance of cable television, internet, and telephone signal distribution systems, offering these services to residential and business customers across various states in Mexico. The company recently became the second largest broadband operator in Mexico with 5.86 million unique subscribers, achieving 9% year-over-year growth and surpassing 14.7 million RGUs.
Strategic Profile
Pro stress-test →Megacable maintains disciplined execution of expansion and network evolution projects, with 82% of the base now served by fiber. The company expects CapEx to decline to 24%-26% of revenues in 2026 and further to 21%-23% in 2027, with subscriber growth forecasted to continue at 100,000-150,000 net additions per quarter through 2026-2027.
Competitive Landscape
Pro stress-test →Megacable's main competitor identified is Totalplay, a private debt-financed company based in Mexico City. The company maintains market leadership as the second-largest broadband operator in Mexico, competing in a consolidating telecommunications market where fiber deployment and service bundling drive competitive advantage.
Industry Context
Megacable Holdings, S.A.B. de C.V. operates in Telecommunications and Diversified Media - Cable Television, Broadband Internet, and Fixed-Line Telephone Services.
Key facts
Founded: 1983 · Headquarters: Guadalajara, Jalisco, Mexico · Revenue: $1.77B (TTM as of Sept 2025) · Market cap: $58.2B MXN (approx. $3.3-3.5B USD equivalent)