Megacable Holdings, S. A. B. De C. V. Approves Dividend for 2018
April 30, 2019 at 11:00 am EDT
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Megacable Holdings, S. A. B. de C. V. announced that at the general ordinary shareholders meeting, a dividend payment for MXN 1.8 billion was approved, representing 20% of the 2018. The payment will be carried out in one installment in May 2019.
Megacable Holdings SAB de CV is a Mexico-based company principally engaged in the provision of cable service. The Companyâs activities are structured in five segments: Cable Network, Internet, Telephone, Business and Other. The Cable Network division distributes television (TV) broadcasting programs via cable. The Internet division provides Internet services to individual and corporate customers. The Telephone delivers fixed-line communication services to individual and corporate customers. The Business division focuses on designing and developing information technology (IT) infrastructure and equipment for business customers. The Other division mainly includes selling of advertising time, producing TV programs and other network services. The Company operates under various brand names, such as Megacable and Metrocarrier. It operates through Acotel SA de CV, Giga Cable SA de CV and Grupo Lipsio SAPI de CV, among others.
MEGACABLE HOLDINGS, S. A. B. DE C. V. 
