Megacable Holdings (MHSDF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. Welcome to Megacable's second quarter 2025 earnings conference call. With us this morning, we have Mr. Enrique Yamuni, CEO, Mr. Raimundo Fernandez, Deputy CEO, and Mr. Luis Zetter, CFO. Let me remind you that the information discussed at today's earnings call may include forward-looking statements on the company's future financial performance and prospects, which are subject to risk and uncertainties. Megacable undertakes no obligation to update or revise any forward-looking statement. I will now turn the call over to Mr. Enrique Yamuni. Sir, you may begin. Good morning, everyone. Thank you for joining us today. We're pleased to report one of the strongest quarters in recent history, driven by solid growth in the mass market, with net additions rounding the $130,000 for broadband and $45,000 for video. result of the performance across both legacy and newly entered territories. In an industry where average growth fluctuates around 2.5% to 3%, our 10% growth in the mass market segment stands out as a clear indicator of market share gains and deeper penetration. This performance validates our investment decisions and the effectiveness of our long-term strategy. According to the latest data from the World Bank, internet penetration in Mexico stands at approximately 81%, leaving a wide window for continued growth within this context and based on the most recent figures from the IFT. MEGA holds an estimated 20% share of the nation's fixed broadband market, highlighting the significant opportunities that still lies ahead. This operational momentum is translated into sustained revenue growth, a near double-digit increase in EBITDA, an annual expansion in EBITDA margin, and a year-over-year increase in net income of over 30%. Altogether, these results reaffirm t...