Axtel Successfully Secures US$100 Million Syndicated Loan

Axtel, S.A.B. de C.V. (BMV: AXTELCPO; OTC: AXTLY) ("AXTEL” or "the Company”), a Mexican fixed-line integrated telecommunications company, announced today the successful closing of a US$100 million four-year syndicated loan with the participation of five relationship banks. The primary purpose of this facility is to strengthen the Company’s liquidity position.

The transaction, denominated in both dollars and pesos, consists of a US$60 million tranche funded today, which will be partially used to prepay existing debt, as well as a US$40 million committed revolving facility tranche. The loan amortizes in nine equal quarterly payments during the last two years of the term.

Mr. Felipe Canales, AXTEL’s Chief Financial Officer, commented: "This transaction is consistent with the Company’s prudent financial management policy. Strengthening AXTEL’s liquidity position is key in today´s highly volatile capital markets. This measure, together with the Company’s intention to finance capital expenditures with internally generated funds, will ensure the continuity of AXTEL’s strategic initiatives. The Company highly appreciates the support and confidence of AXTEL’s relationship banks that took part in this transaction.”

The banks that participated in the transaction include Banorte, ING and Standard Bank, in addition to Banamex and Credit Suisse, which acted as joint lead arrangers.

About AXTEL

AXTEL is a Mexican telecommunications company that provides local and long distance telephony, broadband Internet, data and built-to-suit communications solutions in 39 cities and data and long distance telephone services to business and residential customers in close to 200 cities. AXTEL provides telecommunications services using a suite of technologies including FWA, WiMAX, copper, fiber optic, point to multipoint radios and traditional point to point microwave access, among others.

AXTEL’s shares, represented by Ordinary Participation Certificates or CPOs, trade on the Mexican Stock Exchange under the symbol ‘AXTELCPO’, and are part of the IPC Index. AXTEL’s American Depositary Shares are eligible for trading on The PORTAL Market, a subsidiary of the NASDAQ Stock Market, Inc.

Visit AXTEL’s Investor Relations Center at www.axtel.com.mx.

Forward-Looking Statements

This document contains certain forward-looking statements regarding the future events or the future financial performance of AXTEL that are made pursuant to the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. These statements reflect management's current views with respect to future events or financial performance, and are based on management's current assumptions and information currently available and are not guarantees of the Company's future performance. The timing of certain events and actual results could differ materially from those projected or contemplated by the forward-looking statements due to a number of factors including, but not limited to those inherent to operating in a highly regulated industry, strong competition, commercial and financial execution, economic conditions, among others.