Megacable Holdings SAB de CV

What Megacable Holdings SAB de CV does

Megacable Holdings SAB de CV (Mexican Stock Exchange; OTC: MHSDF) operates Mexico's largest cable telecommunications network under the MEGA consumer brand, delivering fiber optic-based internet, pay-TV, telephony, and mobile services to residential households. The company completed a four-year infrastructure investment cycle in 2025, reaching 19.2 million homes passed with 84% fiber penetration through a 100% fiber optic network architecture that delivers symmetric speeds of 100 to 1,000 Mbps and validated industry-leading latency of 14.6 ms (per nPerf benchmarks). Its technology stack centers on owned last-mile fiber, the proprietary Xview+ interactive TV platform (80+ HD channels), WiFi Ultra extenders for whole-home coverage, and integrated third-party content (Amazon Prime included; Netflix, HBO Max, Disney+ as add-ons).

Name

Megacable Holdings SAB de CV

Legal name

Megacable Holdings, S. A. B. de C. V.

Website

https://megacable.com.mx

Company type

Public

Founded year

1983

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Megacable Holdings SAB de CV operates Mexico's largest cable telecommunications network under the MEGA brand, delivering fiber optic internet, TV, telephony, and mobile services to nearly 6 million residential subscribers across 19.2 million homes-passed.

Ownership category

akta.pro rank

Headquarters

HQ city

Guadalajara

HQ country

Mexico

HQ region

Latin America

Markets served

GTM type

B2C

Offering type

Services

Cost components

Infrastructure, Operations, Technology or R&D, Personnel, Marketing or Sales

Revenue model

1. Residential Broadband Internet Services: Recurring subscription revenue from residential internet services delivered over fiber optic network. Q4 2025 total revenues of MXN 9.2 billion with full-year revenues of MXN 35.4 billion.
2. Pay-TV Services: Subscription revenue from television packages including standard TV (130+ channels) and Xview+ interactive service (80+ HD channels). Often bundled with internet and telephony.
3. Telephony Services: Residential voice services bundled with internet and/or TV packages, providing additional recurring revenue per subscriber.
4. Mobile Services: Mobile services generating subscriber growth alongside fixed-line offerings, expanding the company's addressable market beyond fixed broadband.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Megacable provides fiber optic broadband internet (100-1000 Megas symmetric speeds), pay-TV (standard cable with 130+ channels or Xview+ interactive platform with 80+ HD channels), residential telephony, and mobile services to Mexican households. Services are sold as bundled triple-play packages through the MEGA consumer brand, delivered over the company's 100% fiber optic network, with Amazon Prime included in TV packages and premium streaming add-ons available seasonally.

Product overview

MEGA (formerly Megacable) operates a unified multi-service telecommunications platform offering triple-play bundles of fiber optic internet, television, and telephony services, supplemented by mobile services. The product portfolio centers on MEGA Internet (fiber optic broadband at 100-1000 Megas symmetric speeds), MEGA TV (standard cable with 130+ channels or Xview+ interactive platform with 80+ HD channels), and MEGA Telefonía (landline service). Premium tier Full Connected Home packages combine 1000 Megas internet with TV and WiFi Ultra extenders. The company also integrates third-party streaming platforms (Amazon Prime included, Netflix/HBO Max/Disney+ available as add-ons) into its television offerings. Mobile services extend the fixed-line portfolio to cellular subscribers.

Differentiator

Problem solved

Functional benefit

Brands

• Xview+: Interactive TV service with over 80 HD channels offered as part of MEGA's triple-play packages
• Full Connected Home

Products and services

• MEGA Internet

Quantifiable outcome

• 14.6 ms latency - lowest in Mexico according to nPerf validation
• +4 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature5 records

Partnerships

One partnership is on record.

• Federal Government of Mexico (Claudia Sheinbaum Administration)minorOthers · 4 July 2026Megacable, along with Telmex and Totalplay, has been working with the federal government to address extortion threats from criminal organizations in Sinaloa. President Claudia Sheinbaum acknowledged the widespread impact of extortion and launched a federal strategy to combat crime, with telecommunications companies collaborating to mitigate risks and ensure operational security. This is a reactive collaboration rather than a strategic partnership.

Scale indicators14 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• AT&T México: Major wireless and broadband provider in Mexico offering mobile, fixed internet, and pay-TV bundles. Comparable as a multi-product telecom incumbent competing for the same residential connectivity spend that Megacable targets.
• Comcast Corporation: Largest U.S. cable operator (Xfinity) offering residential broadband, pay-TV, and telephony bundles. Comparable as a publicly listed cable/fiber ISP with similar triple-play economics and bundled service model, though operating at much greater scale and in the U.S. market.
• Telefónica Movistar México: Mexican arm of Telefónica offering mobile and fixed broadband services. Comparable as a competing wireline/wireless carrier addressing overlapping residential broadband and mobile segments in Mexico.
• Charter Communications: Major U.S. cable operator (Spectrum) providing residential broadband, video, and voice services. Comparable as a publicly listed cable/fiber ISP with similar triple-play bundles, providing a benchmark for cable operator economics and capital intensity.
• América Móvil (Telmex / Telcel): Largest telecommunications group in Latin America, operating fixed-line Telmex and mobile Telcel in Mexico. Comparable as the dominant incumbent across wireline broadband, mobile, and pay-TV, with materially greater scale and resources than Megacable.

Direct peers

• Liberty Latin America: Regional cable and broadband operator across the Caribbean and Latin America (Cable & Wireless, VTR, Liberty PR). Comparable as a publicly listed cable/broadband peer operating in Latin America with similar triple-play economics, though outside Mexico.
• Totalplay: Mexican fiber-to-the-home ISP and triple-play provider owned by Grupo Salinas. Directly competes with Megacable in residential fiber broadband and bundled TV/telephony services in overlapping Mexican geographies.
• Izzi Telecom: Mexican cable operator owned by Televisa (now TelevisaUnivision) offering triple-play bundles of cable internet, pay-TV, and telephony across Mexico. Directly comparable as a domestic cable/fiber ISP competitor with overlapping residential bundles and similar target market.

Regional players

• Cablevisión (Argentina): Argentine cable and broadband operator owned by Grupo Clarín offering triple-play bundles. Comparable as a Latin American cable ISP with similar bundled service economics, but operating in a different national market from Megacable.
• VTR (Chile): Chilean cable broadband and pay-TV operator (part of Liberty Latin America). Comparable as a regional cable/fiber ISP with triple-play bundles, though serving Chile rather than Mexico.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/megacable

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Megacable Holdings SAB de CV