New Street: MEGACPO (Neutral, TP: MXN60, +27%) Megacable - Thoughts after the Earnings call
Focus on MEGA’S Q2 call was mainly on the expansion plan (to double HPs to ~20m in the next 3-4 years). Following the pick up in HPs in Q2, management remains confident of passing 2-2.5m homes during 2022 (in-line with goal of reaching 18m HPs by the end of 2025) and hopes for better RGU momentum toward the end of the year. We run though the main topics discussed in the call.Megacable Holdings and its subsidiaries are engaged in the installation, operation, maintenance and exploitation of cabling network distribution, internet and telephone systems.
Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.
New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:
- Pan European Telecom Services and Cable
- US Telecoms, Cable, Satellite and Towers
- Global Emerging Market Telecoms
- Japan Telecoms
- Asian Internet
- Pan European Healthcare
- Global healthcare thematic research
We provide debt research on:
- Pan European Telecom Services and Cable
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.