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