Tag Archives: Axtel

Axtel sells its fiber optic business to Megacable in USD 60 million

Mexican telecommunications company Axtel ran an agreement to sell its fiber optic business to Megacable in Guadalajara, Leon, Puebla, Queretaro and Toluca. The transaction, which is effective since last May 1st, made Megacable to add 55 thousand residential customers and micro-business, 1,370 fiber optic network kilometers and other assets related to the mass segment operation [...]

Fox Sports Mexico begins its sales process

The Telecommunications Federal Institute (IFT) Plenary approved the candidates proposed by Fox and Disney as Independent Auditor and Disincorporation Agent and, that way, allow Mexican Fox Sports channels sale. With the Agents designation, a six-month period is granted for the sale, extendible in an only opportunity for justified reasons. Once notified, Disney and Fox have [...]