Stable Internet Subscriber Base
Grupo Televisa's strategy to focus on attracting and retaining value customers in Cable has stabilized their Internet subscriber base in the first half of the year with potential sequential growth expected.
OpEx Efficiencies and Synergies
Implementation of OpEx efficiencies and integration between Izzi and Sky expanded consolidated operating segment income margin by around 80 basis points to 38.1%, driven by a 7% year-on-year OpEx reduction.
Free Cash Flow and Debt Repayment
Grupo Televisa generated MXN 3.6 billion in free cash flow, allowing them to prepay a bank loan and reduce their leverage ratio from 2.4x to 2.2x EBITDA.
ViX Growth and Subscriber Milestone
ViX's engagement and growth remain strong with subscribers surpassing 10 million, implying double-digit growth year-on-year.
TelevisaUnivision's Cost Savings
The efficiency plan at TelevisaUnivision successfully reduced operating expenses by 13% year-on-year, achieving savings of $226 million.