Megacable acquires three Maxcom markets for USD12.9m

6 Oct 2016

Mexican cable operator Megacable has reportedly acquired the fixed voice, broadband and pay-TV operations belonging to Maxcom in three markets, paying USD12.9 million for the assets. The markets in question have been named as: Puebla City and Tehuacan, both of which are situated in Puebla State, in the highlands of south-central Mexico; and Queretaro (Queretaro State) in north-central Mexico. According to company sources Maxcom’s strategic withdrawal from the residential telecoms sectors in the three aforementioned markets will see it concentrate its focus on the corporate segment.

Mexico, Maxcom, Megacable