Axtel S.A.B. de C.V., also known as Axtel, is a publicly owned telecommunications company headquartered in Mexico. Founded in 1994, the company operates as a tier 1 media tech buyer and employs approximately 6,500 individuals. It reported $645.3 million in revenue as of 2025. The company specializes in telecommunications, offering telephone, internet, and television services through FTTH technology in 45 cities across Mexico, in addition to providing IT services. Axtel is recognized as the second largest landline telephone service provider and a virtual private network operator within the country.
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 media and TV services, telecoms and broadcast television and radio.
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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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