Megacable Holdings (MHSDF) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning. Welcome to Megacable's third 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 Minister Enrique Yamuni. Sir, you may begin. Thank you, Saúl. Good morning, everyone, and thank you for joining us today. During the quarter, we remained firmly aligned with our strategy and continued with the execution of our expansion and network evolution projects as planned. This disciplined approach has enabled us to sustain subscriber growth above market level, positioning Megacable as the second largest operator in the country by number of broadband subscribers. The achievement reflects our commitment to becoming a leader player in Mexico's telecommunications sector. A key driver of this progress has been the expansion of our infrastructure, During this period, we successfully reached our goal of doubling our infrastructure by number of homes passed compared to those at the expansion announcement, making a significant milestone three years into the execution of this initiative. Today, our network is capable of serving 82% of our subscriber base through Fiverr, a tangible result of our strategic investments. We have already captured over 50% of the subscribers originally targeted in those territories, and we continue working diligently to increase penetration and reach the next set of objectives. In parallel, we have made substantial ...