Terms

Definitions

A

Series A Shares

Series "A" shares, representing the capital stock of the Company.

Adjusted EBITDA

The result of adding up amortization, depreciation and non-recurrent accounts (for our cable operations) to our compound operation profit, as determined according to the NIF in Mexico, and subtracting MCM Holdings operation profit from this amount.

B

BMV

Mexican Stock Exchange (Bolsa Mexicana de Valores, S.A. de C.V.)

BDR

Baseband Digital Reverse.

B-10 Bulletin

"Financial Information", issued by the Mexican Institute of Public Accountants (Instituto Mexicano de Contadores Públicos, A.C.)

B-12 Bulletin

The B-12 Bulletin, called "Statement of Changes in the Financial Situation" issued by the Mexican Institute of Public Accountants (Instituto Mexicano de Contadores Públicos, A.C.).

C

CAGR

Compound Annual Growth Rate.

CANITEC

National Chamber of the Cable Telecommunications Industry.

CANIETI

National Chamber of the Electronic Industry, Telecommunications and Information Technologies.

CINIF

Mexican Council for Research and Development of Financial Information Regulations.

CFE

Federal Electricity Commission.

CNBV

National Banking and Securities Commission.

CNIE

National Commission for Foreign Investment.

COFECO

Federal Commission on Competition.

Company

Megacable Holdings, S.A.B. de C.V.

CPOs

Ordinary Participation Certificates issued by the Fiduciary. Each represents 2 (two) Series A Shares of the Company.

CRC

Reception and Control Center.

D

Dollars | dollar | USA$

The legal currency in the United States.

Digital Telephony

Voice service through telephone systems using Internet protocols.

DSL

Digital subscription lines for the broad-band internet service provided by telephone companies.

DTH

Direct to home Satellite TV systems.

F

FCH

Fiber and coaxial hybrid network.

G

GHz

GigaHertz.

H

Headend

Origin of a cable TV broadcasting system.

I

Indeval

S.D. Indeval Institución para el Depósito de Valores, S.A. de C.V. (Institution for Securities Deposit).

INEGI

National Institute of Statistics, Geography and Data Processing.

Interactive Television

The cable TV system offering video on demand.

IP Backbone

Internet Protocols main network.

K

Kbps

Kilobytes per second.

M

Mbps

Megabits per second.

Mexico

Country. The United States of Mexico.

MHz

MegaHertz.

MMDS

Multi-site multi-channel distribution systems.

N

NAFIN

Nacional Financiera, National Credit Company, Development Bank Institution.

NIF in Mexico

Financial information regulations applicable in Mexico.

Penetration

The number of subscribers of the Company divided by the number of homes passed.

Pesos | peso | $

The legal currency in Mexico.

PPV

Pay per View.

R

RNV

National Securities Registry.

S

SCT

Ministry of Communications and Transport.

SDH

Synchronous Digital Hierarchy.

"Triple Play" Service

Video, data and telephone services (Cable TV, Internet and Digital Telephony through Internet protocols), in a single package.

T

TDM

Time Division Multiplexors.

V

VOD

Video on Demand.

VPN

Virtual Private Network.