Financial Results

• In the year, revenues increased 7% and EBITDA grew 3%, supported by solid performance across all three business segments.
  • The Company generated ~US $80 million in free cash flow during 2025.
• In 4Q25, revenues declined 1%, while EBITDA decreased 31%, primarily reflecting the impact of an extraordinary provision reversal recorded in the prior-year quarter.
  • Free cash flow for the quarter was ~US $40 million.

Capital Structure

• Axtel prepaid US $55 million of a syndicated bank loan in 2025 using internally generated cash.
  • Since December 2024, total prepayments amount to ~US $90 million, representing a 15% reduction in total debt, resulting in US $7 million in annual interest savings.
• In December, the Company executed a Ps. 1,600 million, 10‑year loan to refinance existing debt.
  • As a result, the average debt maturity extended from 3 to 4 years, and peso‑denominated debt increased to ~60%, reducing FX exposure and strengthening the capital profile.

Credit Rating

• Fitch Ratings upgraded Axtel’s credit rating from ‘BB-’ to ‘BB’, with a stable outlook, supported by expectations of continued deleveraging in 2026, favorable refinancing conditions, and strong cash flow generation.

2026 Guidance

• Axtel expects Ps. 12,850 million in revenues and Ps. 3,800 million in EBITDA for 2026.
• The Company anticipates US $83 million in capital investments, equivalent to 12% of revenues.
  • Guidance considers a 1.8% GDP growth in Mexico and an average exchange rate of 18.65 Ps/USD.

Alliances / AI

• Axtel announced a strategic collaboration with McAllen Data Centers to enhance digital interconnection along the Mexico–United States border.
  • This partnership reinforces the development of a more open, neutral, and scalable digital ecosystem for operators, enterprises, and digital platforms.
• Axtel also formed a strategic alliance with SimplyAsk.ai, a Canadian firm specializing in AI‑driven automation, incorporating to iAlestra’s portfolio Virtual Assistants and Intelligent Agents solutions, characterized by fast, flexible implementation and immediate impact.