Cablemas Signs Interconnection Agreement with Telmex

Cablemas Signs Interconnection Agreement with Telmex

MEXICO CITY, March 7 /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 it signed an interconnection agreement with Telmex covering 21 of the 22 telephony concessions that were granted by the Mexican regulatory body, Secretaria de Comunicaciones y Transportes, during the second half of 2006. The 21 cities represent 82% of Cablemas' video subscribers. The contract will expire in December 2008.

Cablemas currently provides IP telephony service in Tijuana with Axtel and in Cuernavaca with Bestel. The company plans to initiate the roll out of service to new cities during the third quarter of 2007 through its interconnection with Telmex.

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 37 cities throughout the country's oil, maquiladora and tourist regions as of September 2006. 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.

Source: Cablemas, S.A.

CONTACT: In Mexico: Marilyn Billot, Budget and IR Manager of Cablemas,
+5255-24-54-58-84, marilyn.billot@admCablemas.com.mx; or 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/

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