Tender Offer For Securities Of Maxcom Is Extended

MEXICO CITY, Feb. 28,  2013 /PRNewswire/ -- Ventura Capital Privado S.A. de C.V. ("Ventura"), on behalf of Trust Number 1387 (the "Purchaser"), today announced that the Purchaser has extended the expiration date of its tender offer to purchase (i) all of the outstanding Series A Common Stock, without par value (the "Shares") of Maxcom Telecomunicaciones, S.A.B. de C.V. ("Maxcom"), (ii) all of the outstanding Ordinary Participation Certificates ("CPOs") of Maxcom, and (iii) all of the outstanding American Depository Shares ("ADSs," and collectively with the Shares and CPOs, the "Securities") of Maxcom, in each case held by persons who are not Mexican residents, to 12:00 midnight, New York City time, on March 27, 2013, unless further extended in accordance with the terms of the tender offer.

The tender offer was previously scheduled to expire at 12:00 midnight, New York time, on March 20, 2013.  Except for the extension of the expiration date, all other terms and conditions of the tender offer remain the same.  The extension to March 27, 2013 was made to accommodate the timetable for the simultaneous exchange offer for Maxcom's 11% Senior Notes due 2014.

The depositary for the tender offer has advised the Purchaser that as of 5:00 p.m., New York City time, on February 28, 2013, no Securities had been tendered or withdrawn pursuant to the tender offer. No tenders would be expected at this early stage of the tender offer process.

Additional Information and Where to Find It

This communication is neither an offer to purchase nor a solicitation of an offer to sell any Securities. This communication is for informational purpose only. The tender offer is not being made to, nor will tenders be accepted from, or on behalf of, holders of Securities in any jurisdiction in which the making of the tender offer or the acceptance thereof would not comply with the laws of that jurisdiction. The Purchaser has filed a tender offer statement on Schedule TO, as amended, including an offer to purchase, a letter of transmittal and related documents, with the Securities and Exchange Commission ("SEC"). The offer to purchase the Securities is only being made pursuant to the offer to purchase, the letter of transmittal and related documents filed with such tender offer statement. Security holders should read those materials carefully because they contain important information, including the various terms and conditions of the tender offer.  Security holders of Maxcom may obtain a free copy of these documents and other documents filed by the Trust and Maxcom with the SEC at the website maintained by the SEC at www.sec.gov.  In addition, stockholders may obtain a free copy of these documents from the Purchaser by contacting Georgeson Inc., the Information Agent for the tender offer, at (866) 729-6818 or by contacting Maxcom's Investor Relations department at (52 55) 4770-1170.

SOURCE Maxcom Telecomunicaciones, S.A.B. de C.V.