MEX­ICO’S ME­GA­CA­BLE AND MAXCOM SIGN $12.9M TELE­COMS SER­VICES DEAL

Capacity - - Latin America -

Mex­i­can op­er­a­tor Maxcom will no longer pro­vide voice, data and video ser­vices in the cities of Quere­taro, Te­hua­can, and Pue­bla, the com­pany has an­nounced.

How­ever, Me­ga­ca­ble will pay $12.9 mil­lion to main­tain the telecom­mu­ni­ca­tion ser­vices to Maxcom’s res­i­den­tial cus­tomers in the three cities.

The agree­ment was signed “to en­sure con­ti­nu­ity in the sup­ply of a util­ity of pub­lic in­ter­est such as telecom­mu­ni­ca­tions ser­vices, and to en­sure that the cus­tomers con­tinue re­ceiv­ing the ser­vices that were pre­vi­ously agreed with Maxcom,” said a state­ment to the Mex­i­can Stock Ex­change.

“This trans­ac­tion rep­re­sents an im­por­tant step in the im­ple­men­ta­tion of the com­pany’s strate­gic plan, whose main fo­cus has been to ex­pand the pres­ence of the com­pany in the com­mer­cial busi­ness,” the state­ment added.

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