Q4 2020 Megacable Holdings SAB de CV Earnings Call Transcript

Feb 14, 2024

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Feb 26, 2021 / 04:00PM GMT
Operator

Good morning, and welcome to Megacable's Fourth Quarter and Full Year 2020 Earnings Conference Call. With us this morning from Megacable, we have Mr. Enrique Yamuni, CEO; Mr. Raymundo FernÃ¡ndez, Deputy CEO; and Mr. Luis Zetter, CFO. Let me remind you that the information discussed in today's earnings call may include forward-looking statements on the company's future financial performance and prospects, which are subject to risks and uncertainties. Megacable undertakes no obligation to update or revise any forward-looking statements. I will now turn the call over to Mr. Enrique Yamuni. Sir, you may begin.

Enrique Yamuni Robles - Megacable Holdings, S. A. B. de C. V. - CEO, MD & Director

Thanks very much. Good morning, everyone, and thank you for joining us today. Due to a larger subscriber base and a leaner cost structure during the fourth quarter of 2020, Megacable was able to increase its net income at a double-digit rate. Despite the challenging environment of the year that was marked by the deep economic slowdown, caused by the COVID-19 pandemic and the

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