Company Profile For Axtel, S.A.B. de C.V.

Axtel, S.A.B. de C.V. (AXTELCPO.MX) (Mexico Stock Exchange)

sector: Telecommunications Services · industry: Integrated Telecommunications Services ·

As of 26 Nov 2009

11.34MXN

Price Change

-0.78

Percent Change

-6.44%

Analyst Recommendations

Overview

Axtel S.A.B de C.V. (Axtel), is a fixed-line integrated telecommunications company in Mexico after Telmex, providing local and long distance telephony, broadband Internet, data services, Web hosting, information security services, virtual private networks, and a wide range of integrated telecommunications services in 39 of the metropolitan areas in Mexico (Mexico City, Monterrey, Guadalajara, Puebla, Toluca, Leon, Queretaro, San Luis Potosi, Aguascalientes, Saltillo, Ciudad Juarez, Tijuana, Torreon (Laguna Region), Veracruz, Chihuahua, Celaya, Irapuato, Ciudad Victoria, Reynosa, Tampico, Cuernavaca, Mérida, Morelia, Pachuca, Hermosillo, San Juan del Rio, Xalapa, Durango, Villahermosa, Acapulco, Mexicali, Cancun, Zacatecas, Matamoros, Nuevo Laredo, Culiacan, Mazatlan, Coatzacoalcos and Minatilan).

Quick Financial Synopsis

BRIEF: For the six months ended 30 June 2009, Axtel S.A.B De C.V.'s revenues decreased 4% to PS5.54B. Net income for the period decreased 58% to PS137.2M. Total revenue reflects a decrease in the demand for Company's products and services on local market. Net income suffered from an increase in administrative expenses, other financial expenses, as well as a decrease in interest income, and exchange difference income.