Fourth quarter results validated Axtel’s commitment to the strategy put in place after the merger; continue delivering IT and Telecom solutions to enterprise and government clients with the highest quality and service standards. Quarterly revenues increased 13% year-over-year mainly due to an 18% increase in Enterprise and Government segment revenues; finishing off a strong year where revenues and EBITDA increased 5% and 38% respectively, compared to pro forma 2016, providing a solid base for 2018.

In the fourth quarter, Axtel successfully executed its refinancing strategy, issuing a US$500 million, 7-year bond and, in December, receiving a Ps. 6,000 million 5-year loan. Proceeds from these two transactions were used to prepay the existing syndicated bank loan. This refinancing extended the average life of the Company’s debt to over 5 years and provided further covenant flexibility, while maintaining the peso/dollar debt mix.

During the quarter, Axtel executed the third phase of its Tower Sale agreement with American Towers Corporation, receiving Ps. 345 million in net proceeds. Axtel also continued supplying infrastructure and services to ALTAN under its vendor agreement, working towards completing the Red Compartida’s population coverage goal of 30% by March 2018.

4Q 2017 Conference Call Results

Febrero 12, 2018

Axtel, S.A.B. de C.V. (BMV: AXTELCPO) (“Axtel”), a Mexican information and communications technology company, will host its Fourth Quarter 2017 conference call on:

 

Date: Tuesday, February 13, 2018

3Q 2017 Conference Call Results

Octubre 16, 2017

Axtel, S.A.B. de C.V. (BMV: AXTELCPO) (“Axtel”), a Mexican information and communications technology company, will host its Third Quarter 2017 conference call on:

 

Date: Tuesday, October 17, 2017.

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

2017

Q1

Q2

Q3

 
2016

Q1

Q2

Q3

Q4

2015

Q1

Q2

Q3

Q4

2014

Q1

Q2

Q3

Q4

2013

Q1

Q2

Q3

Q4