Performance during the quarter reflects Axtel’s strategy to provide world-class IT and Telecom solutions to the enterprise and government segments. Revenues from these two segments increased 8% and 42%, respectively, driving the 9% growth in total revenues.

During the quarter, Axtel closed an agreement with American Tower Corporation to sell 142 towers for US$56 million. On June 30th, the Company executed the first tranche of the transaction generating a benefit net of costs and expenses of Ps. 313 million in the quarter. The closing of this non-strategic asset sale should contribute to improve the Company’s capital structure.

To further strengthen the Company’s IT capabilities, in April, Axtel inaugurated the first 600 m2 hall of its second Data Center in Querétaro with a final capacity of 3,600 m2.

On May 1st, legal entity Alestra merged into Axtel consolidating operating processes and bookkeeping, among other, to increase its efficiency for the benefit of customers and shareholders.

2Q 2017 Conference Call Results

Julio 14, 2017

Axtel, S.A.B. de C.V. (BMV: AXTELCPO) (“Axtel”), a Mexican Information and Communications Technology company, will host its Second Quarter 2017 conference call on Thursday, July 27, 2017, at 9:30 a.m. New York time / 8:30 a.m. Monterrey/Mexico City time.

 

 

1Q 2017 Conference Call Results

Abril 11, 2017

Axtel, S.A.B. de C.V. (BMV: AXTELCPO) (“Axtel”), a Mexican Information and Communications Technology company, will host its First Quarter 2017 conference call on Tuesday, April 25, 2017, at 9:30 a.m. New York time / 8:30 a.m. Monterrey/Mexico City time.

 

Analyst Coverage

  • Scotiabank
  • Morgan Stanley
  • JP Morgan
  • Goldman Sachs
  • GBM
  • Deutsche Bank
  • Citi
  • BTG Pactual
  • BofA Merrill Lynch
  • Actinver
  • Credit suisse
  • Barclays
  • Banorte-IXE

Quarterly Reports

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