Q2 2022 Megacable Holdings SAB de CV Earnings Call Transcript
Good morning, and welcome to Megacable's Second Quarter 2022 Earnings Conference Call. With us this morning from Megacable, we have Mr. Enrique Yamuni, CEO; Mr. Raymundo Fernandez, 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.
Good morning, everyone, and thank you for joining us today. During the second quarter of 2022, the country continued to face a complicated economic scenario, highlighting an inflation rate that continues to rise. Increases in Banxico's reference rate and a GDP annual growth expectation below 2%. These factors are being reflected in the economic activity and in purchasing
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