Maxcom Telecomunicaciones, S.A.B De C.V. Announces New Chief Operating Officer

MEXICO CITY, March 9  /PRNewswire-FirstCall/ -- Maxcom Telecomunicaciones, S.A.B. de C.V. ("Maxcom" or the "Company") (NYSE: MXT; BMV: MAXCOMCPO.MX), announced today that it has appointed William Nazaret as Maxcom's Chief Operating Officer, effective immediately and will report directly to Maxcom's CEO, Eduardo Vazquez.

"The leadership change that we are announcing today will be a strong addition to the extraordinary depth of talent and experience that we enjoy throughout Maxcom. William Nazaret has the kind of background that will help strengthen our position in the marketplace and across our network," said Eduardo Vazquez, Maxcom's Chairman of the Board and Chief Executive Officer. "His expertise in telecom and technology, as well as the insights he brings to strategy and planning, represent key requisites for this juncture of our Company as we continue to focus on profitability and enhancing our commitment to quality."

Mr. Nazaret was most recently Director of Brightstar Corporation. Prior to that, he served as Chief Executive Officer and President of Central America for Digicel in El Salvador; and Chief Executive Officer and President of Digitel in Venezuela. Earlier in his career, William served as Chief Executive Officer of Intellisense in the United States, Vice President of Time Warner Cable, Senior Information Technology Sales Executive for Sun Microsystems, Chief Technology Officer for ECCS and Technical Staff Member for AT&T Bell Laboratories. He began his career at the Massachusetts Institute of Technology as a Faculty Member. Mr. Nazaret has a Master's Degree and Ph.D. in Statistical Computing from the University of California at Berkeley and has a Bachelor's Degree from Universidad Simon Bolivar in Venezuela.

About MAXCOM

MAXCOM Telecomunicaciones, S.A.B. de C.V., headquartered in Mexico City, Mexico, is a facilities-based telecommunications provider using a "smart- build" approach to deliver last-mile connectivity to micro, small and medium- sized businesses and residential customers in the Mexican territory. MAXCOM launched commercial operations in May 1999 and is currently offering local, long distance, data, value-added, CATV and IP-based services on a full basis in greater metropolitan Mexico City, Puebla, Tehuacan, San Luis, and Queretaro, and on a selected basis in several cities in Mexico. The information contained in this press release is the exclusive responsibility of MAXCOM Telecomunicaciones, S.A.B. de C.V. and has not been reviewed by the Mexican National Banking and Securities Commission (CNBV) or any other authority. The registration of the securities described in this press release before the National Registry of Securities (Registro Nacional de Valores) held by the CNBV, shall it be the case, does not imply a certification of the investment quality of the securities or of MAXCOM's solvency. The trading of these securities by an investor will be made under such investor's own responsibility.

This document may include forward-looking statements that involve risks and uncertainties that are detailed from time to time in the U.S. Securities and Exchange Commission filings of the Company. Words such as "estimate," "project," "plan," "believe," "expect," "anticipate," "intend," and similar expressions may identify such forward-looking statements. The Company wants to caution readers that any forward-looking statements in this document or made by the company's management involves risks and uncertainties that may change based on various important factors not under the Company's control. These forward-looking statements represent the Company's judgment as of the date of this document. The Company disclaims, however, any intent or obligation to update these forward-looking statements. 

DATASOURCE: Maxcom Telecomunicaciones, S.A.B. de C.V.



CONTACT:  Juan Carlos Sotomayor, Mexico, D.F., Mexico, [phone],

 



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

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