Megacable to resell Movistar’s wireless service

26 Aug 2010

Megacable, Mexico’s largest cable broadband operator by subscribers, has signed a deal with Spanish telecoms giant Telefonica that will allow it to sell the wireless voice services of the latter’s local subsidiary, Movistar Mexico. Megacable has revealed that it aims to offer mobile telephony in those main cities which its own hybrid fibre-coaxial (HFC) network is present by the end of 2010. Commenting on the development, Raymundo Fernandez, Megacable’s deputy chief executive officer said: ‘The company (Megacable) has defined a commercial strategy that will surely be very attractive to its subscribers. With the launching of the service, Megacable will increase the number of RGUs targeted.’