Megacable Holdings, S. A. B. de C. V. (MEGACPO) Earnings Call Transcripts

Megacable Holdings, S. A. B. de C. V.'s Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, Megacable Holdings reported consolidated revenues of MXN 9.4 billion, reflecting a 9% year-over-year increase, driven primarily by robust mass market performance. Net income rose to MXN 841 million, marking a 16% increase compared to the previous year, indicating strong profitability amidst a challenging economic backdrop. Management maintained full-year CapEx guidance at 24% to 27% of revenues, signaling a strategic shift towards operational efficiency and cash flow generation following a period of intensive investment.

Reported metrics

Guidance from management

Management expects full-year CapEx to be around 24% to 27% of revenues, maintaining a cautious outlook due to potential geopolitical impacts on costs.

What management said

Good morning. Welcome to Megacable's First Quarter 2026 Earnings Conference Call. With us this morning, we have Mr. Enrique Yamuni, CEO; Mr. Raymundo Fernández, 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 risks and uncertainties. M...

Yes. Thank you, Marcelo, for your question. On the CapEx, as we have stated, we are leading the investment cycle of the expansion and the GPON evolution project. So we are in a reduction, and also with the revenues increasing, we, for sure, continue to state that CapEx will go down as a percentage of revenues. This year, we still foresee 24% to 26% or 27%, depending on inflation created by geopolitical effects. And n...

What analysts pressed on

Analysts expressed concerns regarding the competitive landscape, particularly in the corporate segment where revenue growth has been softer. There were also questions about the potential impact of competitors not raising prices on Megacable's pricing power.

Main topics on the call

• Revenue Growth — Total revenues reached MXN 9.4 billion, a 9% increase year-over-year, primarily supported by an 11% rise in mass market revenue to over MXN 8 billion. Management stated, "These results reflect outstanding performance in ...
• Subscriber Growth — Internet subscribers grew to 5.9 million, up 9% year-over-year, with net additions of 101,000 in the quarter. Management noted, "Net additions of Internet subscribers remained within the quarterly range that we have been...
• CapEx Guidance — Management maintained full-year CapEx guidance at 24% to 27% of revenues, indicating a cautious approach to capital expenditures amidst geopolitical uncertainties. They mentioned, "We are monitoring the potential effect ...
• AI and Operational Efficiency — Management emphasized the implementation of AI across various operational areas to enhance efficiency and margins. They stated, "We are one of the highest in terms of implementing AI within Megacable," suggesting potenti...

Read the full Megacable Holdings, S. A. B. de C. V. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 24 Megacable Holdings, S. A. B. de C. V. earnings call transcripts on record, spanning February 21, 2020 to July 31, 2026. Based on this history, Megacable Holdings, S. A. B. de C. V. reports quarterly. The most recent call on file is dated July 31, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

MEGACPO

Exchange

BMV

Country

MX

Sector

Communication Services

Industry

Media

Calls on record

24

First call

February 21, 2020

Most recent

July 31, 2026

Reporting cadence

quarterly