Maxcom Telecomunications

What Maxcom Telecomunications does

Maxcom Telecomunicaciones is a Mexican telecommunications company founded in 1996 and publicly listed on the Bolsa Mexicana de Valores under the ticker MAXCOMA. Headquartered in Mexico City, the company provides local telephony, long-distance, IP, data, voice, internet, and television services delivered over its own network infrastructure. The company serves both residential and business customers across Mexico, competing primarily in the regional and mid-market segments against larger national carriers such as América Móvil and Televisa.

The company's business model is based on bundled service offerings that leverage its owned infrastructure, providing telephone, internet, and TV services primarily in markets where it has built or leased physical network assets. As a regulated telecom operator, Maxcom operates under Mexican telecommunications concessions and has historically positioned itself as a mid-sized alternative to dominant carriers. The company employs 501-1000 people and generates revenue through subscription-based pricing for its communication and connectivity services.

Available signals indicate the company is in significant operational distress. Financial data shows revenue declining from approximately $37.4B MXN in 2021 to $27.3B MXN in 2024, with EBITDA collapsing from ~$1.9B MXN to ~$404M MXN over the same period. Net income turned negative in 2024 at -$276M MXN, and the company's website domain (maxcom.com.mx) is listed as available for purchase or leasing, suggesting the company may have ceased active operations or be in the process of divestiture. The leadership team includes Lauro Cantu as CEO, Noe Garza as VP of IT/Engineering/Operations, Alejandro Garza as Director of Carriers, and Alejandro Lombardo as Director of Mobile Business Unit.

Name

Maxcom Telecomunications

Website

https://maxcom.com.mx

Company type

Private

Founded year

1996

Operating status

Closed

Headcount range

501–1,000 employees

Short description

Maxcom Telecomunicaciones is a Mexican regional telecommunications company founded in 1996, publicly traded on BMV, providing local telephony, long-distance, IP, data, voice, internet, and TV services over its own network infrastructure to residential and business customers across Mexico.

Ownership category

akta.pro rank

Product category

Telecommunications Services

NAICS

Wired and Wireless Telecommunications Carriers (except Satellite) (51711)

SIC

Telephone Communications (No Radiotelephone) (4813)

akta.pro primary industry

Municipal & Community Broadband Networks (HDAIACAE)

akta.pro secondary industry

Neutral Host & In‑Building Connectivity (DAS/Small Cells) (HDAIAGAC)

Keywords

• Telephony services
• Long distance calling
• IP telephony
• Broadband internet
• Cable television

Headquarters

HQ city

Mexico City

HQ country

Mexico

HQ region

Latin America

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Operations, Technology or R&D, Personnel, Marketing or Sales

Core offering

Maxcom Telecomunications provides local telephony, long-distance calling, IP and Data Voice services, broadband Internet, and cable television to residential and business customers in Mexico. It also operates a Mobile Business Unit, extending its offering into wireless services. All services are delivered over the company's own telecommunications infrastructure.

Product overview

Based on the source data, Maxcom Telecomunications appears to be a telecommunications company referenced in market research reports as a player in the Mexico Dark Fiber Network Market. The available source material (maxcom.com.mx webpage) primarily shows the domain as available for leasing or purchase, with no detailed product or service information provided. The company was mentioned in a 2024 market research report projecting growth in the Mexican dark fiber network sector from USD 144.97 million in 2023 to USD 344.37 million by 2032.

Differentiator

Problem solved

Functional benefit

Products and services

• Local Telephony Local telephone line service for residential and business customers in Mexico, delivered over Maxcom's own telecommunications infrastructure.
• Long Distance Calling Domestic and international long-distance voice service offered by Maxcom over its proprietary network, available to residential and enterprise customers.
• IP and Data Voice Services IP-based voice and data communications services targeted at enterprise customers, leveraging Maxcom's IP networking capabilities for converged voice/data delivery.
• Broadband Internet Internet access service delivered to customers over Maxcom's own telecommunications infrastructure.
• Cable Television Television service distributed by Maxcom over its proprietary network to residential and business subscribers in Mexico.
• Mobile Services Wireless mobile services operated through Maxcom's dedicated Mobile Business Unit, extending its telecom portfolio to mobile customers.

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves5 records

Expansion highlights2 records

Broad incumbents

• AT&T Mexico: AT&T Mexico offers converged wireless, broadband, and TV services across Mexico, including enterprise connectivity. It is comparable to Maxcom as a multi-service provider with national fiber and 5G ambitions competing for similar residential and SME customers.
• América Móvil (Telmex/Telcel): América Móvil, through its Telmex fixed-line and Telcel wireless brands, is the dominant Mexican telecom operator with nationwide wireline, mobile, and broadband networks. It is the most direct incumbent comparable to Maxcom on local/long-distance voice, internet, and TV services, though vastly larger in scale.
• Movistar México (Telefónica): Movistar provides mobile and fixed-line telecom services across Mexico. Comparable to Maxcom as a multi-service carrier with voice, data, and broadband, though primarily known for wireless and operating at a much larger national scale.

Direct peers

• Megacable: Megacable is a major Mexican cable operator delivering broadband, pay-TV, and telephony to residential and business customers via its own HFC/fiber network. It is highly comparable to Maxcom in product mix (voice, internet, TV) and in operating an owned last-mile access infrastructure.
• Totalplay: Totalplay (subsidiary of Grupo Salinas) provides triple-play fiber internet, TV, and telephony in Mexico, directly competing with Maxcom's bundled residential offering and operating its own FTTH infrastructure similar to Maxcom's owned-network model.
• Izzi Telecom: Izzi (part of Grupo Televisa) operates cable broadband, TV, and telephony across multiple Mexican cities using owned HFC/fiber infrastructure, directly competing with Maxcom's bundled services and serving a similar mid-market residential customer base.
• Alestra: Alestra is a Mexican enterprise-focused telecom and ICT services provider offering data, internet, voice, and managed connectivity over owned fiber — comparable to Maxcom on the enterprise/IP services side of the business, especially for B2B customers.
• Axtel: Axtel is a Mexican wireline operator providing enterprise connectivity, managed services, and FTTH residential service — closely mirroring Maxcom's own-infrastructure telephony, IP, internet, and TV offering. As a focused Mexican wireline competitor, it is one of the most directly comparable peers.

Regional players

• CFE Telecomunicaciones (CFE TEIT: CFE Telecomunicaciones leverages Mexico's federal electric utility fiber footprint to offer wholesale and retail telecom services. As a state-backed owner of dark fiber capacity, it competes with Maxcom in the same Mexican fiber/wholesale connectivity market.

Others

• Hughes México (Hughes Network Systems): Hughes provides satellite broadband and managed connectivity services across Mexico, often targeting rural and underserved areas where wireline infrastructure is limited. Comparable as an adjacent connectivity provider pursuing the same enterprise and underserved-customer opportunity Maxcom addresses with terrestrial infrastructure.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/maxcom_mexico
• Facebookfacebook.com/maxcom.sabdecv
• LinkedInlinkedin.com/company/maxcom-telecomunicaciones

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Maxcom Telecomunications