Axtel slows WiMAX declines with acquisition and retention strategies

22 Jul 2013

On the back of the adoption of what it claimed were more competitive acquisition and retention strategies in April 2013, alternative Mexican operator Axtel has revealed that it managed to slow the number of disconnections for its WiMAX services in the second quarter of 2013. In the three months ended 30 June 2013 Axtel reported 11,000 disconnections, down from 23,000 in the first quarter of the year, bringing its total WiMAX subscriptions down to 347,000. Meanwhile, the telco saw quarterly net additions of 12,000 for its fibre-to-the-home (FTTH) services in 2Q13, up from 9,000 in the previous quarter; at the end of the reporting period its total FTTH accesses numbered 121,000, up from 76,000 a year earlier. Fixed voice lines in service, meanwhile, totalled 939,000, representing a 9% year-on-year decline.

With regards to finances, in the three-month period under review revenues fell by 11% y-o-y to MXN2.380 billion (USD191 million), while adjusted EBITDA was flat at MXN701 million (MXN703 million in 2Q12). Net losses, meanwhile, narrowed from MXN978 million in 2Q12 to MXN449 million in the corresponding quarter of 2013.

Mexico, Axtel