The mass segment grew 11.5% as a result of a higher number of subscribers and revenues from additional services. This result was driven by the 6% growth in subscribers compared to the fourth quarter of 2020 to reach nearly 4.2 million users.
It also specified that the internet service registered 324,000 net additions, reaching an increase of 9% compared to the same period of the previous year, while its telephony and video segment registered 404,000 and 127,000 net additions, increases of 15% and 4%. , respectively.
As of the fourth quarter of 2021, Megacable invested 3,164 million pesos, reaching an annual cumulative of 9,466 million pesos, which represents 38.4% of annual revenues and in line with the company’s expansion projects.
The company directed by Enrique Yamuni was declared last November by the Federal Telecommunications Institute with substantial power, or market concentration, in nine municipalities in the country, for which the company stated that it will challenge the resolution of the telecommunications regulatory body.