Maxcom Selects KPMG as Independent Auditor
MEXICO CITY, July 7 /PRNewswire-FirstCall/ -- Maxcom Telecomunicaciones,
S.A.B. de C.V. ("Maxcom", or "the Company") (NYSE: MXT) (BMV: MAXCOM CPO), one
of the leading integrated telecommunications companies in Mexico, announced
today that the company's Board of Directors, as per recommendation of its
Audit Committee, approved the selection of KPMG Cardenas Dosal, S.C. ("KPMG")
as the company's independent auditor, replacing PricewaterhouseCoopers, S.C.
("PWC").
PWC was engaged in the audit through June 30, 2008. The engagement with
KPMG is effective as of July 1, 2008.
Maxcom would like to thank PWC for the service it provided the company in
recent years and look forward to continued work with them in other capacities.
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, Queretaro and Toluca, 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 involve 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.
SOURCE Maxcom Telecomunicaciones, S.A.B. de C.V.
Juan Carlos Sotomayor, Mexico, D.F., Mexico, (52 55) 1163 1104,
juan.sotomayor@maxcom.com, or Lucia Domville, New York City, NY,
+1-646-284-9416, ldomville@hfgcg.com
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