Cablemas Awarded Nine Additional Fixed Telephony Local Concessions in Mexico
Cablemas Awarded Nine Additional Fixed Telephony Local Concessions in Mexico
MEXICO CITY, Feb. 13 /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 in November and December, 2006 the Ministry of Communications and Transportation (SCT) granted the company fixed telephony local concessions in nine of the main cities in which it currently operates, in addition to the thirteen granted in July 2006.
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.
About Cablemas
Cablemas is the second-largest cable television operator in Mexico based on number of subscribers and homes passed. As of September 30, 2006, Cablemas' cable network served over 675,695 cable television subscribers, 159,732 high-speed internet subscribers, and 20,616 IP telephony lines, with over 1,940,785 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 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.
First Call Analyst:
FCMN Contact:
Source: Cablemas, S.A. de C.V.
CONTACT: In Mexico, Marilyn Billot, Budget and IR Manager, Cablemas,
+5255-24-54-58-84, marilyn.billot@admCablemas.com.mx; In the United States,
Susan Borinelli, +1-646-452-2332, sborinelli@breakstone-group.com, or Maura
Gedid, +1-646-452-2335, mgedid@breakstone-group.com, both of Breakstone Group
Web site: http://www.cablemas.com/
-------
Profile: intent
0 Comments:
Post a Comment
<< Home