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 June 25, 2026, Axtel S.A.B. de C.V., a Mexican information and communication technology company, entered into a $210 million senior unsecured syndicated credit agreement. Baker McKenzie's New York office represented Axtel in connection with the agreement. Scotiabank Inverlat served as the administrative agent, with Banco Mercantil del Norte, BBVA México, HSBC México, and The Bank of Nova Scotia acting as joint lead arrangers and joint book runners.
Axtel offers 4 products in the media and telecoms services industry. Axtel's product portfolio comprises of telecoms 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 4 different product categories, the largest of which is enterprise broadband and voice, which represents 50% of Axtel's revenue.
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