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"This new initiative to provide video services to AXTEL'S residential customers is consistent with the Company's strategy to become a fully integrated telecom services provider," stated Mr. Tomas Milmo Santos, AXTEL'S Chairman and Chief Executive Officer. Mr. Milmo Santos added, "The data and voice services provided with WiMAX technology will now be enhanced with video, strengthening AXTEL's competitive position in the residential market segment."
About AXTEL
AXTEL is a Mexican telecommunications company that provides local and long distance telephony, broadband Internet, data and built-to-suit communications solutions in 39 cities and data and long distance telephone services to business and residential customers in close to 200 cities. AXTEL provides telecommunications services using a suite of technologies including FWA, WiMAX, copper, fiber optic, point to multipoint radios and traditional point to point microwave access, among others.
AXTEL's shares, represented by Ordinary Participation Certificates or CPOs, trade on the Mexican Stock Exchange under the symbol 'AXTELCPO,' and are part of the IPC Index. AXTEL's American Depositary Shares are eligible for trading on The PORTAL Market, a subsidiary of the NASDAQ Stock Market, Inc.
Visit AXTEL's Investor Relations Center at www.axtel.com.mx
Forward-Looking Statements
This document contains certain forward-looking statements regarding the future events or the future financial performance of AXTEL that are made pursuant to the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. These statements reflect management's current views with respect to future events or financial performance, and are based on management's current assumptions and information currently available and are not guarantees of the Company's future performance. The timing of certain events and actual results could differ materially from those projected or contemplated by the forward-looking statements due to a number of factors including, but not limited to those inherent to operating in a highly regulated industry, strong competition, commercial and financial execution, economic conditions, among others.
For additional information please contact:
Investor Relations
Adrian de los Santos
IR@axtel.com.mx
+52(81) 8114-1226
SOURCE Axtel, S.A.B. de C.V.
http://www.axtel.com.mx
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