0
Broadband

Maxcom files for protection from creditors, plans debt swap

Tuesday 20 August 2019 | 10:19 CET | News
Mexican operator Maxcom filed for US bankruptcy protection to enable it to restructure its debt. The company and its Maxcom USA affiliate filed for protection from creditors under Chapter 11 of the US Bankruptcy Code in White Plains, New York, Reuters reports. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Maxcom
Countries: Mexico
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Maxcom revenues decline 21% in Q1, disconnects all residential customers

Published 05 May 2021 15:33 CET | Mexico
Mexican operator Maxcom Telecomunicaciones reported consolidated revenues of MXN 193 million in the first quarter of 2021, down ...

Maxcom Q4 revenues down another 39% on wholesale fall

Published 03 Mar 2021 14:11 CET | Mexico
Mexican triple-play operator Maxcom Telecomunicaciones reported consolidated revenues of MXN 213 million in the final quarter of ...

Mexico's Maxcom posts 35% revenue fall in Q3

Published 30 Oct 2020 10:22 CET | Mexico
Mexican triple-play operator Maxcom Telecomunicaciones reported revenues of MXN 219 million in the third quarter of 2020, down 35 ...

Maxcom Q2 revenues down 37% on lower wholesale activity

Published 29 Jul 2020 13:57 CET | Mexico
Mexican triple-play operator Maxcom Telecomunicaciones reported revenues of MXN 230 million in the second quarter of 2020, down ...

Maxcom revenues plunge 35% to MXN 245 mln in Q1 on wholesale decline

Published 05 May 2020 15:28 CET | Mexico
Mexican triple-play operator Maxcom Telecomunicaciones reported revenues of MXN 245 million in the first quarter of 2020, down 35 ...

Maxcom revenues up 30% to MXN 348 mln in Q4 on wholesale gains

Published 28 Feb 2020 15:37 CET | Mexico
Mexican triple-play operator Maxcom Telecomunicaciones reported revenues of MXN 348 million in the fourth quarter of 2019, up 30 ...

Maxcom revenues down 25% to MXN 337 mln in Q3, completes debt swap

Published 30 Oct 2019 12:20 CET | Mexico
Mexican triple-play operator Maxcom Telecomunicaciones reported revenues of MXN 337 million in the third quarter of 2019, down ...

Maxcom revenues down 24% to MXN 366 mln in Q2

Published 24 Jul 2019 09:58 CET | Mexico
Mexican triple-play operator Maxcom Telecomunicaciones reported revenues of MXN 366 million in the second quarter of 2019, down ...

Maxcom revenues up 24% in Q1 on wholesale boost

Published 02 May 2019 13:58 CET | Mexico
Mexican triple-play operator Maxcom Telecomunicaciones reported revenues of MXN 377 million in the first quarter of 2019, up ...

Maxcom raises FY revenues by 11.3 percent

Published 29 Apr 2019 09:51 CET | Poland
Polish feature phone manufacturer Maxcom generated revenues of PLN 124.65 million in 2018, which is a 11.3 percent increase ...

Maxcom reduces net loss following sale of residential assets

Published 20 Oct 2017 14:33 CET | Mexico
Mexican triple-play operator Maxcom Telecomunicaciones reported revenues of MXN 438 million in the third quarter of 2017, down ...

Mexico's Maxcom acquires 51% of Celmax MVNA unit

Published 07 Aug 2017 13:26 CET | Mexico
Mexican triple-play operator Maxcom Telecomunicaciones announced that it now owns 51 percent of mobile virtual network aggregator ...

Megacable takes over Maxcom services in 3 Mexican cities

Published 06 Oct 2016 11:42 CET | Mexico
Mexican operator Maxcom Telecomunicaciones has announced that Megacable has agreed to continue providing triple play voice, video ...

Marcatel interested in Maxcom takeover

Published 14 Mar 2016 10:03 CET | Mexico
Mexico's Marcatel would evaluate the acquisition of Maxom Telecomunicaciones if it was put up for sale, said Gustavo de la Garza, ...

Maxcom eyeing MXN 100 mln a year savings with restructure

Published 24 Sep 2015 14:16 CET | Mexico
Mexican telecoms operator Maxcom has informed the Mexican Stock Exchange that the company is currently undergoing a restructuring ...

Maxcom restructures debt, gets USD 45 mln capital infusion

Published 04 Jul 2013 07:34 CET | Mexico
Mexican fixed phone operator Maxcom Telecomunicaciones has negotiated the terms of a comprehensive recapitalization and debt ...

Maxcom to restructure, seeks capital injection

Published 20 Jun 2013 07:00 CET | Mexico
Mexican fixed phone operator Maxcom Telecomunicaciones is in talks to restructure its debt and secure a capital injection, The ...

Maxcom announces exchange offer results

Published 15 Mar 2013 08:46 CET | Mexico
Mexican operator Maxcom Telecomunicaciones has announced that the exchange agent in the exchange offer for any and all of the ...





Calendar   /   Industry Events

04 Aug Intred Q2 2021
04 Aug Softbank fiscal Q1
04 Aug Lumen Technologies Q2
04 Aug Digi International fiscal Q3
04 Aug EA fiscal Q1
04 Aug Viavi Q4
04 Aug Inseego Q2 2021
04 Aug Qorvo fiscal Q1
04 Aug Roku Q2 2021
04 Aug Aferian interim results
04 Aug Liberty Latin America Q2 2021
04 Aug Smith Micro Q2 2021
04 Aug 8x8 fiscal Q1
05 Aug DigitalBridge Q2
05 Aug Viasat fiscal Q1
05 Aug Motorola Solutions Q2
05 Aug Tucows Q2 2021
05 Aug WideOpenWest (Wow) Q2
05 Aug Vonage Q2 2021
05 Aug Gogo Q2 2021
05 Aug CommScope Q2
05 Aug FireEye Q2
05 Aug InterDigital Q2
05 Aug Switch Q2 2021
05 Aug Cogent Communications Q2 2021
05 Aug BCE Q2 2021
05 Aug Uniti Group Q2
05 Aug OTE Q2
05 Aug Starhub Q2 2021
05 Aug United Internet Q2 2021
05 Aug Swisscom Q2 2021
05 Aug Frontier Communications investors meeting
05 Aug ON Semiconductor analysts meeting
05 Aug FCC meeting
::: More Calendar Items