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Maxcom informs of an update relating to a main lease agreement with MXT

Posted: October 15, 2021 at 10:55 a.m. EDT|Update: 2 hours ago

CITY OF MEXICO, October 15, 2021 / PRNewswire / – Follow up on relevant event posted on September 24, 2021, by Maxcom Telecomunicaciones, SAB de CV (BMV: MAXCOM A, OTC: MXMTY) (“Maxcom” or “the Issuer”, without distinction) as part of the public tender offer launched by Transtelco Acquisitions III, S. de RL de CV (“Transtelco”) up to the total of the shares representing the share capital of the Issuer (the “Public Offer”), the Issuer informs the public investor of the following:

A. On April 6, 2018, the issuer has entered into a master lease and service agreement with MXT Eagle Towers, SAPI de CV (“MXT”), as supplier, under which Maxcom has contracted with MXT for access and shared use of the passive telecommunications infrastructure, among other services (the “MXT Framework Agreement”).

B. Under the terms of the MXT Master Agreement, if the Tender Offer is successful, Maxcom must notify MXT in writing within three business days of the date on which the Tender is consummated that a change of control has occurred for the Tender. ‘Transmitter.

C. On the basis of such a potential change of control and, in any event, subject to a series of conditions, MXT (as supplier) may terminate the MXT framework agreement early and, if applicable if applicable, a contractual penalty of a substantial amount payable by Maxcom could be triggered.

D. In accordance with the above, Transtelco is currently negotiating with MXT the terms of its commercial agreements in the normal course of business. As of the date hereof, none of these negotiations has a negative impact on the Public Offer process.

Maxcom thanks the continued support of all its stakeholders and confirms its commitment to maintain close communication with the investing public.

About Maxcom

Maxcom launched business operations in May 1999; its seat is at Mexico. The company is an integrated telecommunications service provider that uses a “smart build” strategy to provide last mile connection services, metro and long distance transportation services, shared rentals and other value-added services to businesses. and national and international companies. carrier markets. Maxcom provides its services via a fiber optic network of more than 8,500 kilometers, which allows it to have a footprint in from Mexico Main towns.

The information in this press release is the sole responsibility of Maxcom Telecomunicaciones, SAB de CV, and has not been reviewed by the Comisión Nacional Bancaria y de Valores (CNBV) or any other authority.

The trading of these securities by an investor will be carried out under the responsibility of this investor.

For more information, contact:
Rodrigo Wright
Mexico
(52 55) 4770-1170
[email protected]

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SOURCE Maxcom Telecomunicaciones, SAB de CV

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Rodney N.

The author Rodney N.