A group of entrepreneurs created Visión por Cable de Sonora, S.A. de C.V. (Vicason), and Visión por Cable de Sinaloa SA de CV (Vicasin).
This year marks the beginning of Grupo Megacable, The Company begins to operate under the name of Televisión por Cable, in the cities of Guasave, Sinaloa and Navojoa, Sonora.
1983 - 1990
Four more cities in Sinaloa were added to the project, among which was Los Mochis; in addition to four more cities in Sonora, including Hermosillo.
The concession to operate in the municipality of Guadalajara was obtained. This marked the expansion trend of the Company. The company was unified under the name of Visión por Cable.
The legal name and corporate image changes to Megacable. The municipalities of Tlaquepaque and Tonalá, Jalisco, and Ciudad Juarez, Chihuahua, join the Megacable network.
Operations also begin in Tepic, Nayarit, the first city which was prepared to provide our subscribers with Internet service by cable.
The cities of Xalapa and Veracruz, in Veracruz join Megacable, in addition, a partnership is established with the concessionary company working in Tlacotalpan and Cosamaloapan, in the same state.
The corporate offices of Grupo Megacable change their location from the city of Los Mochis to Guadalajara, due to the strategic advantages of this city.
As an additional service for subscribers, local-production channels are created in Guadalajara, Los Mochis and Culiacan, exclusively for cable TV users, under the name Megacanal.
Also, Megared begins to operate in Guadalajara, as a pioneer service in Latin America, offering high-speed Internet by cable.
Escuinapa, El Rosario, El Fuerte and Navolato in Sinaloa, begin to enjoy the services of Megacable.
Concessions for the cities of Puebla and Cholula, in the state of Puebla, are obtained. Megacable acquires 100% of the companies providing services in Tlacotalpan and Cosamaloapan, in the state of Veracruz.
In this year, the Videorola channel is born, a successful musical TV project focused on regional music.
The first tests are performed to provide virtual private network services, aimed at corporate clients, to complete a portfolio of solutions that already included connectivity and network communications services, through the company MetroCarrier.
Megacable establishes partnerships in the city of Torreon, Coahuila, and in Durango, Gomez Palacio and Lerdo, in the state of Durango, to offer its high-quality services and successfully continue with its expansion plans.
The Megared Portal is launched, the first broadband multimedia portal in Mexico, featuring news, services and entertainment, exclusive for Megared subscribers. This portal is available in ten cities of the Megacable network.
Megacable obtains the Gold Star to Business Merit, awarded by the World Marketing Organization. Balance inquiry and payment through Internet begins to be offered.
In this year, Megacable reached more than 450 thousand subscribers and the network was extended with more than 1,400 km of distribution network built during this year.
MetroCarrier, the business unit aimed to cover the telecommunications needs of micro, small and medium companies begin to operate.
The Digital Megacable service is launched in Guadalajara, Puebla and Veracruz, a revolutionary concept for entertainment, with state-of-the-art technology, allowing interactivity with the client.
The Digital Megacable service is launched in the cities of Hermosillo, Obregon, Culiacan, Mazatlan, Tepic and Xalapa, providing these cities with the most advanced entertainment technology.
Megacable launches its digital telephony service becoming one of the first cable operators in Mexico to offer this service.
DVR (Digital Video Recorder) services begin to be offered.
Megacable begins to be quoted in the BMV (Mexican Stock Market), under the ticker MEGA.CPO, on November 7, 2007.
Acquisition of Sistemas Generales de Telecomunicaciones or Tlalnepantla, Imatel, Acotel and Telecable Centro Occidente (TCO), among others. Thus, Megacable reaches 1,298,438 cable subscribers, 384,794 Internet subscribers and 109,051 telephone subscribers by December 31, 2007, having presence in 178 municipalities in 23 states of Mexico.
Megacable begins to interconnect with Teléfonos de México, thus being able to offer telephone services in more geographic locations.
Megacable acquired several cable systems, which added to the subscriber base approximately 59 thousand subscribers. Major cities acquired are located in the states of Baja California Sur, Colima, Guanajuato, Hidalgo, Estado de Mexico, Veracruz and Michoacán.
In addition, the SCT (Secretaría de Comunicaciones y Transporte) grant Megacable the concessions to operate in the cities of Los Barriles, Buena Vista, La Rivera and Todos los Santos in Baja California Sur.
Megacable in partnership with Televisa, launched a marketing campaign in order to promote triple play packages services nationwide.
Grupo Omnicable, which operated in approximately 15 populations in the state of Sonora and two towns and one city in the state of Baja California Norte, was acquired.
Grupo de Telecomunicaciones de Alta Capacidad, S.A.P.I. de C.V. was constituted through the Mega Cable, S.A. de C.V. subsidiary and in association with Televisa and Telefonica de México, , as a result of the favorable resolution of the SCT (Secretaría de Comunicaciones y Transportes), in terms of a dark fiber bidding.
Megacable acquired the assets, subscribers and dealership rights in the cities of Uruapan, San Miguel de Allende, Dolores Hidalgo and Salamanca, which added to the subscriber base of Megacable approximately 55 thousand subscribers video, 12 thousand internet and 4 thousand telephony.
For the first time in the history of Megacable, the Board of Directors and the shareholders of the Company approved a dividend payment.
The concession grated to GTAC for the use of CFE fibers, has allowed to create a nationwide network, which is operating satisfactorily.
MetroCarrier was consolidated as the carrier of carriers, the most important in the Telecommunications Market, this is mainly due to the investments made by the Company in previous years, mainly in the CFE fiber network.
In September , Megacable acquired 51% of potential voting share capital of a company called ho1a. With this acquisition, Megacable strengthens its position in the business, corporate and public sector services market, expanding the telecommunications and data solutions, as well as and information management.
The Company acquired over 80% of PCTV’s shares. PCTV is a leader in the production and distribution of cable television in Mexico and represents hundreds of cable television concessionaires throughout the country with its first-class production and transmission infrastructure. It uses this infrastructure to produce and market its own TVC, TVC Sports, Platinum, Platinum Plus, Pánico and Mexican Movie channels; which Megacable uses to generate its own content. PCTV distributes 70 international (channels/signals) together with the most important and recognized programmers in the pay television industry.
Megacable, through its subsidiary Ho1a, signed a contract with the Comisión Federal de Electricidad (CFE), which had as a primary objective the execution of all work necessary to the construction and installation of measurement assurance works, which implies removal, supply and installation of energy meters throughout Mexico City.
Megacable signed an agreement with Maxcom to guarantee the continuity of the telecommunications service to subscribers of the massive segment in the cities of Querétaro, Qro., Tehuacán, Pue., and Puebla, Pue.
The SCT (Secretaría de Comunicación y Transporte) granted the Red Compartida project to Consorcio Altán. This is a main project from the Mexican government to transform the telecommunications sector through a higher competitive environment and technological capacity together with a new wholesale operator with national coverage in the 700 Mghz band through 4G-LTE technology, based entirely in IP protocol, and 5G-ready. Megacable owns a small stake in Altán as an industrial partner, through a small number of shares with no voting rights or influence in the Administration.
Megacable released in June Xview, its next-generation video multiplatform, a new and intuitive platform that allows the subscriber to enjoy its content of shows and movies in VOD, and linear interactive channels with advanced features like Start Over, Reverse EPG and Cloud DVR. Xview, with all its functionalities, can be enjoyed by the subscriber both in his Television through an STB, as well as in all his mobile devices like smartphones, tablets or laptops; the contents now can be seen where, when and how the subscriber wants.
Megacable strengthen its position in the corporate segment by acquiring the remaining 49% stake in ho1a, a company specialized in providing IT services, leader in the implementation of technological solutions to solve critical business issues. Additionally, and as a part of the consolidation in the financial markets, Megacable was included in November 2018 in the MSCI Emerging markets ex-China index, strengthening its exposure to markets outside Mexico.
The Company signed an agreement to acquire the subscribers and the entire mass segment network in Axtel's fiber optic business. Including human and infrastructure assets. In this way, Megacable increased the number of residential customers by 50,000.
In addition to this, the Company launched its MNVO service, available for the mass market and business, and carried out the inauguration of a Data Center in the city of Guadalajara.
After the arrival of Covid-19 in Mexico, 2020 was a year of great challenges, changes and opportunities. Due to current conditions, for the first time the Company registered a higher number of Internet subscribers than video subscribers. Additionally, for Megacable this year was characterized by the execution of the first part of the network evolution project, which has the objective of migrating more than four million homes passed to FTTH technology, which will benefit the quality of service and customer service.
2021 has been a year of evolution and transformation. Including the continuous execution of the GPON Evolution project, building more than 24 thousand kilometers of FTTH in the last 2 years, and the announcement of the MEGA 2024 project; which aims to expand services to new territories, achieving a national presence. Also important, the growth of the mass and corporate sectors, highlighting the consolidation of the Mobile Telephony service, and the growth of ho1a and MetroCarrier. Megacable reaffirms its commitment to continue creating value in the market, society, and with its collaborators.
2022 was a year of constant transformation for the Company, due to the conclusion of its GPON Evolution project, and the formal start of the Expansion Project, entering more than 30 new cities during this year, including: Mexico City, Cancún, Tijuana, Monterrey, among others.
It currently has coverage in 31 states and more than 500 locations. In July, the Company issued public debt for the first time in its history, for a total amount of 7 billion pesos, successfully entering the debt market.