Axtel, a publicly owned company headquartered in San Pedro, near Monterrey, Mexico, was founded in 1994 and has approximately 6,500 employees. The company reported $645.3M in revenue as of 2025 and is identified as a tier 1 media tech buyer. The company specializes in telecommunications, offering telephone, internet, and television services through FTTH across 45 cities in Mexico, in addition to IT Services. Axtel also operates as a virtual private network provider and is recognized as the second largest landline telephone service provider.
On July 28, 2026, Axtel SAB de CV reported a 17% sequential increase in comparable EBITDA for the second quarter of 2026. This growth stemmed from a 38% sequential rise in new recurring contracts within the Enterprise segment, alongside an 18% sequential revenue increase in the Wholesale segment, supported by new high-capacity dark fiber contracts. Recurring revenues in the Government segment also grew by 34%, mitigating declines in non-recurring contracts. Despite these gains, overall second-quarter revenues decreased 3% year-over-year, though the company expects its AI strategy to enhance operational efficiency and customer experience. This follows the company's Q2 2026 earnings webcast on July 23, 2026, which featured a presentation by Nancy Llovera, Axtel's Investor Relations and Corporate Finance Manager.
Axtel offers 4 products in the media and telecoms services industry. Axtel's product portfolio comprises of media and TV services and telecoms.
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Axtel's revenues were $645.3M in 2025. Caretta Research has split Axtel's revenue into 4 different product categories, the largest of which is enterprise broadband and voice, which represents 50% of Axtel's revenue.
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