Cablemas Awarded Thirteen Local Fixed Telephony Concessions in Mexico

Cablemas Awarded Thirteen Local Fixed Telephony Concessions in Mexico

MEXICO CITY, Aug. 16 /PRNewswire/ -- Cablemas, S.A. de C.V., (Cablemas), the second largest cable television operator in Mexico based on number of subscribers and homes passed, today announced that on July 31, 2006 the Ministry of Communications and Transportation (SCT) granted the company local fixed telephony concessions in thirteen of the main cities in which it currently operates.

These concessions will allow the company to add telephony to the suite of directly-provided services, which already includes video and internet. To roll out telephony services in these cities, Cablemas will enter into interconnection agreements with telecommunications firms.

This month, Cablemas expects the SCT to issue the Convergence Agreement wherein the rules of fair competition between telecommunication firms and cable operators in terms of interoperability, interconnection, and number portability will be defined.

About Cablemas

Cablemas is the second-largest cable television operator in Mexico based on number of subscribers and homes passed. As of March 31, 2006, Cablemas' cable network served 612,734 cable television subscribers, 133,962 high-speed internet subscribers, and 9,936 IP telephony lines, with over 1,728,039 homes passed.

Cablemas is the concessionaire with the broadest coverage in Mexico, operating in 46 cities throughout the country's oil, maquiladora and tourist regions as of December 2005. Cablemas has consistently introduced innovative products in Mexico and is the only cable operator in the country to provide a "Triple Play" bundled service package of cable television, high speed internet and IP telephony. More information about Cablemas can be found at http://www.cablemas.com/ .

This document may contain certain forward-looking statements concerning Cablemas' operations, performance, business, financial condition and growth prospects. These statements are based upon beliefs of management as well as a number of assumptions and estimates, which are inherently subject to significant uncertainties, many of which are beyond Cablemas' control. Actual results may differ materially from those expressed or implied by such forward- looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the Mexican economy, including changes in inflation rates or exchange rates, changes in political conditions and government policies in Mexico, increased competition, regulatory developments and customer demand. These statements are made as of the date of this press release and Cablemas undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise in light of these risks and uncertainties, there can be no assurances that the events described or implied in the forward-looking statements contained in this document will in fact transpire.

Source: Cablemas, S.A. de C.V.

CONTACT: In Mexico: Marilyn Billot, Budget and IR Manager of Cablemas,
+52-55-24-54-58-84, marilyn.billot@admCablemas.com.mx; In the United States:
Susan Borinelli, +1-646-452-2332, sborinelli@breakstone-group.com, or Michael
Fehle, +1-646-452-2336, mfehle@breakstone-group.com, both of Breakstone Group

Web site: http://www.cablemas.com/

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