Axtel, a Publicly Owned company headquartered in Mexico (specifically San Pedro, near Monterrey), was founded in 1994 and, with approximately 6,500 employees, reported $645.3M in revenue as of 2025, operating as a tier 1 media tech buyer. The company specializes in telecoms, providing telephone, internet, and television services through FTTH technology across 45 cities in Mexico. Additionally, Axtel offers IT services and functions as the second largest landline telephone service provider and a virtual private network operator.
On February 22, 2026, Axtel S.A.B. de C.V. received an upgrade to 'BB,' reflecting its favorable business and financial performance for the second consecutive year. The Mexico-based information and communications technology services provider increased its revenue by 7%, with funds from operations to debt reaching 32% and free operating cash flow to debt at 17.3%. This followed the company's Q4 2025 earnings report on February 15, where it highlighted strong performance driven by record cash flow. During the earnings call, management underscored the importance of cost discipline and operational efficiency, expressing confidence in delivering sustained growth through expanding its customer base and improving profitability.
Axtel offers 5 products in the media and telecoms services industry. Axtel's product portfolio comprises of telecoms, broadcast television and radio and media and TV services.
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Axtel's revenues were $645.3M in 2025. Caretta Research has split Axtel's revenue into 5 different product categories, the largest of which is enterprise broadband and voice, which represents 42% of Axtel's revenue.
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