Metro Transport Sydney

Transtelco Holding, Inc. Announces Completion of Acquisition of Maxcom Telecomunicaciones, S.A.B. De C.V.

Retrieved on: 
Monday, November 15, 2021

Transtelco's CEO, Miguel Fernandez, said of the transaction, "This complex acquisition marks an important milestone for Transtelco.

Key Points: 
  • Transtelco's CEO, Miguel Fernandez, said of the transaction, "This complex acquisition marks an important milestone for Transtelco.
  • The combined networks possess unique routes to move traffic to and from the United States, Mexico and the rest of the Americas.
  • We'd like to thank our shareholders and financing partners for their continued trust and support of our strategic vision."
  • It offers Dedicated Internet Access, Long-Haul & Metro Transport, Colocation and Telephony services to global telecom carriers and blue-chip enterprise customers.

DataBank Announces a Major New Data Center Build in Northern Virginia

Retrieved on: 
Monday, November 8, 2021

ft. data center in Northern Virginia, the world's largest data center market.

Key Points: 
  • ft. data center in Northern Virginia, the world's largest data center market.
  • An area rich in fiber connectivity and tech talent, Northern Virginia has a high concentration of enterprises, technology, cloud computing, hyperscale cloud providers, and content providers that require dense interconnection and proximity to best-in-class data center infrastructure.
  • This Ashburn data center more than doubles our colocation footprint in Louden County, providing a high-quality colocation solutionfor cloud, content, technology and Fortune 500 customers," said Raul Martynek , CEO of DataBank.
  • More than 70 percent of the world's internet traffic routes through Northern Virginia's "Data Center Alley."

Transtelco Holding, Inc. Announces Final Tender Results Of Cash Tender Offer For Any And All Outstanding 8% Senior Secured Notes Due 2024 Of Maxcom Telecomunicaciones, S.A.B. De C.V.

Retrieved on: 
Monday, November 8, 2021

The Offer expired at 5:00 p.m. (New York City time) on November 5, 2021 (such date and time, the "Expiration Date").

Key Points: 
  • The Offer expired at 5:00 p.m. (New York City time) on November 5, 2021 (such date and time, the "Expiration Date").
  • No additional consideration is payable for a consent in the Consent Solicitation but the Total Consideration for the Notes also constitutes consideration for the related consent.
  • If the Offer or the Consent Solicitation is terminated or withdrawn, the existing Indenture governing the Notes will remain in effect in its present form.
  • Transtelco's differentiated bi-national and bi-cultural approach allows it to consistently deliver superior results to customers and exceed expectations.

Maxcom informs final results

Retrieved on: 
Sunday, November 7, 2021

de C.V. (BMV: MAXCOM A, OTC: MXMTY) ("Maxcom" or the "Company")informs that Transtelco Holding, Inc. (the "Offeror") announced yesterday the final results of the previously announced cash tender offer (the "Notes Offer") to purchase any and all of the 8% Senior Secured Notes due 2024 (the "Notes") issued by Maxcom and the solicitation of consents to amend the indenture governing the Notes (the "Consent Solicitation") to effect certain amendments (the "Proposed Amendments")to the indenture governing the Notes.

Key Points: 
  • de C.V. (BMV: MAXCOM A, OTC: MXMTY) ("Maxcom" or the "Company")informs that Transtelco Holding, Inc. (the "Offeror") announced yesterday the final results of the previously announced cash tender offer (the "Notes Offer") to purchase any and all of the 8% Senior Secured Notes due 2024 (the "Notes") issued by Maxcom and the solicitation of consents to amend the indenture governing the Notes (the "Consent Solicitation") to effect certain amendments (the "Proposed Amendments")to the indenture governing the Notes.
  • In connection with the preceding, Maxcom announces that on November 5, 2007, the period of the Stock Offer ended, per the previously announced extension.
  • With these results, both bids exceeded the minimum participation requirements established by the offerors for their successful completion.
  • Maxcom thanks the continued support of all its stakeholders and confirms its commitment to maintaining close communication with the investing public.

Maxcom informs that Transtelco Holding, Inc. announced that it has extended the cash tender offer to purchase any and all of the outstanding 8% Senior Secured Notes due 2024

Retrieved on: 
Saturday, October 23, 2021

The foregoing, pursuant to the terms and subject to the conditions set forth in the Notes Tender Offer and Consent Solicitation Statement made by Transtelco, as of September 23, 2021.

Key Points: 
  • The foregoing, pursuant to the terms and subject to the conditions set forth in the Notes Tender Offer and Consent Solicitation Statement made by Transtelco, as of September 23, 2021.
  • In order to facilitate and provide additional time for the completion of certain closing conditions associated with the Equity Tender Offer, Transtelco Acquisition III, S. de R.L.
  • In this line, the Notes Tender Offer and Consent Solicitation will remain in effect until November 5, 2021 unless extended at the request of Transtelco.
  • For more information on the Notes Tender Offer, the Consent Solicitation and the EquityTender Offer, please visit the Company's website: http://ri.maxcom.com/ .

Transtelco Holding, Inc. Announces Extension of Early Tender Date and Expiration Date for Cash Tender Offer for Any and All Outstanding 8% Senior Secured Notes Due 2024 of Maxcom Telecomunicaciones, S.A.B. de C.V.

Retrieved on: 
Friday, October 22, 2021

Because the expiration date for the Equity Tender Offer has been extended, Transtelco has also extended the Early Tender Date and the Expiration Date for the Offer and Consent Solicitation.

Key Points: 
  • Because the expiration date for the Equity Tender Offer has been extended, Transtelco has also extended the Early Tender Date and the Expiration Date for the Offer and Consent Solicitation.
  • The new Early Tender Date is 5:00 p.m., New York City time, on November 5, 2021 (the "Early Tender Date"), which is also the expiration date of the Offer (the "Expiration Date").
  • In addition to extending the Early Tender Date and the Expiration Date, Transtelco also announced today the tender results of the Offer and Consent Solicitation to date.
  • Transtelco understands that Maxcom does not have the means to repay the amounts that will become due and payable under the Notes.

Transtelco Holding, Inc. Announces Early Tender Results And Extension Of Early Tender Period Of Cash Tender Offer For Any And All Outstanding 8% Senior Secured Notes Due 2024 Of Maxcom Telecomunicaciones, S.A.B. de C.V.

Retrieved on: 
Thursday, October 7, 2021

The new Early Tender Date is 11:59 p.m., New York City time, on October 21, 2021, which is also the expiration date of the Offer (the "Expiration Date").

Key Points: 
  • The new Early Tender Date is 11:59 p.m., New York City time, on October 21, 2021, which is also the expiration date of the Offer (the "Expiration Date").
  • Transtelco understands that Maxcom does not have the means to repay the amounts that will become due and payable under the Notes.
  • Additionally, Transtelco has no intention to make any scheduled payments of interest or principal on the Notes not purchased in the Offer.
  • It offers Dedicated Internet Access, Long-Haul & Metro Transport, Colocation and Telephony services to global telecom carriers and blue-chip enterprise customers.

Maxcom Telecomunicaciones announces that Transtelco Acquisition III today initiated a mandatory acquisition tender offer

Retrieved on: 
Friday, September 24, 2021

MEXICO CITY, Sept. 24, 2021 /PRNewswire/ -- Maxcom Telecomunicaciones S.A.B. de C.V. (BMV: MAXCOM A, OTC: MXMTY) ("Maxcom" or the "Company") announces that Transtelco Acquisition III, S. de R.L. de C.V. (the "Offeror"), today initiated, in accordance with the Mexican Stock Exchange Act (Ley del Mercado de Valores or "LMV") and the General Regulations for Issuers and Other Participants of the Stock Exchange (Disposiciones de Carácter General Aplicables a Emisoras y a Otros Participantes del Mercado de Valores (the "Regulations") a mandatory acquisition tender offer (the "Equity Tender Offer") to acquire through Bolsa Mexicana de Valores, S.A.B. de C.V., S.A.B. de C.V., S.A.B. de C.V., up to all of the shares representing the capital stock of the Company, which represent 276'471,081 ordinary, nominative, without par value, subscribed and fully paid series "A" shares, at a purchase price of $2.20 (two Pesos 20/100, Mexican pesos), per share. 

Key Points: 
  • de C.V. (BMV: MAXCOM A, OTC: MXMTY) ("Maxcom" or the "Company") announces that Transtelco Acquisition III, S. de R.L.
  • The Notes Tender Offer and Consent Solicitation will remain in effect until October 21, 2021 unless extended at the request of Transtelco.
  • Furthermore, the successful conclusion of the Equity Tender Offer is conditioned upon the successful completion of the Notes Tender Offer and vice versa, among other conditions.
  • For more information on the Equity Tender Offer, the Notes Tender Offer, and the Consent Solicitation, please visit the Company's website: http://ri.maxcom.com/ .

Transtelco Holding, Inc. Announces Cash Tender Offer For Any And All Outstanding 8% Senior Secured Notes Due 2024 Of Maxcom Telecomunicaciones, S.A.B. de C.V. And Solicitation Of Consents To The Related Indenture

Retrieved on: 
Thursday, September 23, 2021

Holders of Notes tendered after the Early Tender Date will not be eligible to receive the related Early Tender Premium.

Key Points: 
  • Holders of Notes tendered after the Early Tender Date will not be eligible to receive the related Early Tender Premium.
  • No additional consideration is payable for a consent in the Consent Solicitation but the Tender Offer Consideration for the Notes also constitutes consideration for the related consent.
  • Transtelco understands that Maxcom does not have the means to repay the amounts that will become due and payable under the Notes.
  • Holders of Notes who validly tender their Notes will be deemed to have validly delivered the related consents.