Megacable stock gets a 5 Gbps broadband launch
Published on 10/07/2026 at 16:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Megacable stock closed at MXN 50.81 on the BMV on October 1, 2026, after a 3.31 percent daily decline. The company then announced symmetric 2 Gbps and 5 Gbps broadband plans with Wi-Fi 7, adding a concrete growth signal to its Mexican connectivity business.
Megacable pushes broadband speeds
According to Telecompaper on October 7, 2026, the new Mega-branded plans target residential and business users in parts of Guadalajara, Monterrey and Mexico City. The offer combines symmetric upload and download speeds with Wi-Fi 7 equipment, positioning network performance as the immediate commercial hook.
The launch matters because Megacable is expanding a customer base that already reached 6.02 million broadband subscribers in Q2 2026. Prensario reported on September 11, 2026, that the base increased 8.5 percent from the same quarter of 2025 and that fiber accounted for 88 percent of subscribers, compared with 80 percent a year earlier.
Q2 growth supports the expansion
Megacable generated MXN 9.330 billion in Q2 2026 revenue, up 7.2 percent year over year, while EBITDA reached MXN 4.186 billion, an increase of 5.9 percent. Net income rose 11 percent to MXN 852 million, according to Prensario.
Capital spending reached MXN 2.185 billion in the quarter, equal to 23.4 percent of revenue, as Megacable extended and modernized a network spanning more than 110,000 kilometers and reaching 19.7 million Mexican households. The figures show the trade-off behind the faster broadband rollout: capacity expansion is absorbing cash while subscriber and revenue growth remain positive.
Analysts see room above the close
The analyst picture is more constructive than the latest market close. Investing.com lists a Buy consensus based on 13 analysts, with 8 Buy ratings, 5 Holds and 1 Sell. The average 12-month target is MXN 69.623, with targets from MXN 52.1 to MXN 84.0.
Megacable's MXN 50.81 close on October 1, 2026, stood 26.88 percent below the consensus target. That gap leaves subscriber execution, fiber adoption and the commercial take-up of the new 5 Gbps plans as the figures most relevant to the next valuation debate.
Megacable stock stays below its yearly high
Megacable stock closed at MXN 50.81 on the BMV on October 1, 2026. The 52-week range is MXN 49.21 to MXN 69.32, while market capitalization stood at MXN 45.9 billion as of October 7, 2026.
Megacable stock facts
- Company: Megacable Holdings, S.A.B. de C.V.
- Ticker: MEGACPO
- Trading venue: BMV
- Price (as of October 1, 2026): MXN 50.81 Closing price
- Market capitalization: MXN 45.9 billion (as of October 7, 2026)
- 52-week range: MXN 49.21-69.32
- Sector / Industry: Communication Services / Telecommunications
