Axtel S.A.B. de C.V.
Type	Public, BMV: AXTEL
Founded	1993
Headquarters	Monterrey, Mexico
Key people	Tomas Milmo Santos, Chairman and CEO Patricio Jimenez Barrera, CFO Ivan Alonso Hernandez, COO
Industry	Telecommunications
Products	Telephone, Internet
Revenue	$4,966.80 Million MXN (2005)
Net income	$284.43 Million MXN (2005)
Website	Axtel

Axtel S.A.B. de C.V. (BMV: AXTEL), is a Mexican telecommunications company, headquartered in Monterrey, that provides telecommunication products and services in Mexico. It is the main competitor of Telmex, who was a monopoly until very recently. A public company usually refers to a company which is permitted to offer its securites (i. ... The Bolsa Mexicana de Valores or BMV is Mexicos main stock exchange. ... 1993 (MCMXCIII) was a common year starting on Friday of the Gregorian calendar and marked the Beginning of the International Decade to Combat Racism and Racial Discrimination (1993-2003). ... Nickname: The City of the Mountains Motto: El Trabajo templa el Espíritu Location of Monterrey in northern Mexico Coordinates: Country Mexico State Nuevo León Founded 20 September 1596 Government  - Mayor Adalberto Madero (PAN) Area  - City 572 km²  (220. ... Telecommunication involves the transmission of signals over a distance for the purpose of communication. ... The telephone or phone is a telecommunications device which is used to transmit and receive sound (most commonly voice and speech) across distance. ... Revenue is a U.S. business term for the amount of money that a company earns from its activities in a given period, mostly from sales of products and/or services to customers. ... Image File history File links Green_Arrow_Up_(Darker). ... ISO 4217 Code MXN User(s) Mexico Inflation 3. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... Image File history File links Green_Arrow_Up_(Darker). ... ISO 4217 Code MXN User(s) Mexico Inflation 3. ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... A website (or Web site) is a collection of web pages, images, videos and other digital assets and hosted on a particular domain or subdomain on the World Wide Web. ... The Bolsa Mexicana de Valores or BMV is Mexicos main stock exchange. ... Telecommunication involves the transmission of signals over a distance for the purpose of communication. ... Look up company in Wiktionary, the free dictionary. ... Nickname: The City of the Mountains Motto: El Trabajo templa el Espíritu Location of Monterrey in northern Mexico Coordinates: Country Mexico State Nuevo León Founded 20 September 1596 Government  - Mayor Adalberto Madero (PAN) Area  - City 572 km²  (220. ... This article or section does not cite its references or sources. ...

History

Though incorporated in 1993, it was until 1997 that Axtel received authorizations from the Mexican government to operate in the radioelectrical spectrum. The company's business plan was to compete with Telmex in local telephony by bypassing phone lines and using fixed wireless communications instead. It was until 1999 that the company began operating in Monterrey. It later expanded to Guadalajara, and Mexico City in 2000. Then President Ernesto Zedillo made the first "national" call in the company's network, inagurating service nationwide. At the time, news outlets around the country saw this moment as the beginning of a true open market in the local telephony business in Mexico. Nickname: The City of the Mountains Motto: El Trabajo templa el Espíritu Location of Monterrey in northern Mexico Coordinates: Country Mexico State Nuevo León Founded 20 September 1596 Government  - Mayor Adalberto Madero (PAN) Area  - City 572 km²  (220. ... Nickname: City of Roses Western Pearl Coordinates: Country Mexico State Jalisco Boroughs Guadalajara Zapopan Tlaquepaque Tonala Tlajomulco de Zuñiga Foundation 1542 Mayor Ernesto A. Espinosa Guarro Area    - City 187. ... Nickname: Ciudad de los Palacios Location of Mexico City in central Mexico Coordinates: Country Mexico Federal entity Federal District Boroughs The 16 delegaciones Founded (as Tenochtitlan) c. ... The President of the United Mexican States is the head of state of Mexico. ... Term of office: 1 December 1994 – 1 December 2000 Preceded by: Carlos Salinas de Gortari Succeeded by: Vicente Fox Quesada Date of birth: 27 December 1951 Place of birth: Mexico City Profession: Economist First Lady: Nilda Patricia Velasco Núñez Political Party: PRI Ernesto Zedillo Ponce de León (born...

By 2005, Axtel had expanded its coverage to 12 of the most important cities in the nation. It was in this year that the company made its initial public offering in the Mexican Stock Exchange. The Bolsa Mexicana de Valores or BMV is Mexicos main stock exchange. ...

Coverage

Currently, Axtel delivers service in the following cities:

• Monterrey
• Mexico City
• Guadalajara
• Puebla
• León
• Toluca
• Querétaro
• San Luis Potosí
• Aguascalientes
• Saltillo
• Torreón
• Veracruz
• Chihuahua
• Celaya
• Irapuato
• Tijuana
• Ciudad Juarez

Nickname: The City of the Mountains Motto: El Trabajo templa el Espíritu Location of Monterrey in northern Mexico Coordinates: Country Mexico State Nuevo León Founded 20 September 1596 Government  - Mayor Adalberto Madero (PAN) Area  - City 572 km²  (220. ... Nickname: Ciudad de los Palacios Location of Mexico City in central Mexico Coordinates: Country Mexico Federal entity Federal District Boroughs The 16 delegaciones Founded (as Tenochtitlan) c. ... Nickname: City of Roses Western Pearl Coordinates: Country Mexico State Jalisco Boroughs Guadalajara Zapopan Tlaquepaque Tonala Tlajomulco de Zuñiga Foundation 1542 Mayor Ernesto A. Espinosa Guarro Area    - City 187. ... Nickname: Angelópolis, City of the Angels Location of Puebla in central Mexico Coordinates: Country Mexico State Puebla Founded 1531  - Mayor Enrique Doger (PRI) Area    - City 546 km²  (211 sq mi) Elevation 2,175 m (7,136 ft) Population (2005)  - City 1,485,941  - Density 5,741/km² (14,869. ... Calle Madero Plaza de los Leones Arco de la Calzada The city of León – officially named León de los Aldama – is the fifth most populous city in Mexico and the largest city in the state of Guanajuato; it is also the seat of León municipality. ... Toluca is a city in México State in central Mexico, at 19. ... Latitude 20. ... The city of San Luis Potosí is the capital of the Mexican state of the same name. ... Main Central Square often called The Exedra The city of Aguascalientes is the capital of the state of Aguascalientes in western central Mexico. ... Saltillo is a city in northeast Mexico, located at 25°42′ N 101°00′ W. It is the current capital of the state of Coahuila. ... Torreón is a city in the Mexican state of Coahuila. ... Veracruz from space, July 1997 The city of Veracruz is a major port city on the Gulf of Mexico in the Mexican state of Veracruz. ... The city of Chihuahua is the state capital of the Mexican state of Chihuahua. ... Celaya is a city in the state of Guanajuato, Mexico, located at . ... Main square of Irapuato Irapuato is a city in the Mexican state of Guanajuato, lying on the Irapuato River, a tributary of the Lerma River. ... Tijuana (Spanish [tixwana], English usually [ËŒtiːəˈwÉ‘nÉ™]), is the largest city in the Mexican state of Baja California and the seat of the municipality of Tijuana. ... Misi n de Nuestra Se ora de Guadalupe Ciudad Ju rez (2000 population 1,142,354) is a city in Chihuahua, Mexico, across the Rio Grande from El Paso, Texas, USA. It is the major port of entry and transportation center of north central Mexico and the fifth largest city...

External Links

Axtel