Axtel, S.A.B. de C.V. ("AXTEL" or "the Company"), a leading Mexican fixed-line integrated telecommunications company, announced today its unaudited fourth quarter results ended December 31, 2011 (1)
For additional information, please contact Adrian de los Santos, Investor Relations Officer and Corporate Finance Director at IR@axtel.com.mx
- The Company's EBITDA increased 13% in the fourth quarter compared to the same quarter in 2010. This improvement occurred despite the phasing-out of a large wholesale customer contract. Excluding this customer, EBITDA would have increased 23% year-over-year.
- Total revenues increased 2% during the quarter, and 5% if the wholesale customer contract is excluded, supported mainly by the combined growth of the mass-market and enterprise core businesses.
- Broadband subscribers increased 29 thousand in the fourth quarter, totaling 122 thousand in 2011, an increase of 39% for the year. The number of AXTEL X-tremo or FTTH subscribers increased 15 thousand during the quarter, and now represents 11% of the 436 thousand total broadband subscriber base.
- During the fourth quarter, revenues from integrated IT and telco solutions continued to grow, now representing 27% of the enterprise segment's revenues, or 12% of AXTEL's total revenues.
For a complete version of the 4Q11 Earnings Release, please visit:www.axtel.com.mx
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 long distance connectivity to business and residential customers in over 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.
AXTELCPO trades on the Mexican Stock Exchange and is part of the IPC Index. AXTEL's American Depositary Shares are eligible for trading in The PORTAL Market, a subsidiary of the NASDAQ Stock Market, Inc.
Visit AXTEL's Investor Relations Center on www.axtel.com.mx
Axtel, S.A.B. de C.V.
Adrian de los Santos, +52(81) 8114-1226