Megacable Holdings announced an investment plan for 242 million pesos to develop a new 1,180-kilometer network infrastructure in the city of Mérida.
Megacable Holdings announced an investment plan for 242 million pesos (14 million dollars) to develop a new 1,180-kilometer network infrastructure in the city of Mérida, Yucatán, and its metropolitan area.
The company indicated that this investment will allow the creation of 840 direct and indirect jobs in that city.
In the region of the Yucatán Peninsula, which covers the states of Yucatán, Quintana Roo, Campeche and Tabasco, the company Megacable Holdings said it is investing more than 549 million pesos to build 3,050 kilometers of additional fiber optic network, which will allow cover 670,000 homes, which will represent 84% coverage.
Currently, Megacable Holdings’ network covers 357,000 homes, 36% of the peninsular region.
We are very pleased to be in Mérida, a city that is part of our expansion plan to bring residential and corporate services, which are provided through a network with fiber optic technology that guarantees quality and speed of connection. We offer companies and families in the city the best tools, which are essential for work and education, in addition to the widest entertainment options,” said Enrique Yamuni Robles, head of Megacable.
At the end of June 30, 2023, Megacable had around 4.7 million unique subscribers, including more than 4.4 million Internet subscribers, another 3.8 million video users and around 3.8 million in fixed telephony.
Source: El Economista
