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3w ago

Megacable Posts 34% Profit Gain as Fiber Coverage Expands to 80%

Heavy spending on fiber representing 22% of revenue drove coverage to 80%, fueling subscriber gains.

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Overview

  • Megacable’s net profit climbed 34.4% year-on-year to 767,652 million pesos in Q2 2025 while EBITDA rose 9.7% to 3,954 million pesos.
  • Total revenues reached 8,699 million pesos in the quarter, a 6.9% increase over Q2 2024.
  • The company added 132,000 internet, 134,000 fixed-line telephony and 45,000 pay TV subscribers, boosting its unique user base by 565,000 to 5.7 million.
  • Fiber-to-the-home coverage jumped from 71% to 80% year-on-year and remains on schedule for a full fiber network by 2028.
  • Capital expenditures totaled 1,910 million pesos, equivalent to 22% of revenue, to accelerate network expansion and technology upgrades.