AXTEL, S.A.B. DE C.V. announced the final results of the previously announced offer to purchase up to USD 120,000,000 aggregate principal amount of its outstanding 6.375% Senior Notes due 2024. The Tender Offer expired on February 13, 2023 at 11:59 P.M., New York City time. The company further announced that as of the Expiration Time, the company had received tenders (not validly withdrawn) from the holders of USD 88,647,000 of the total outstanding principal amount of the Notes, including USD 77,737,000 of the total outstanding principal amount of the Notes that were tendered and not validly withdrawn as of 5:00 P.M., New York City time on January 30, 2023.

The company has accepted for purchase all Notes validly tendered and not validly withdrawn pursuant to the Offer to Purchase, dated January 17, 2023 (as amended and supplemented by the announcement made by the Company on January 30, 2023, and as it may be amended or supplemented from time to time, the "Offer to Purchase"). As previously announced, holders of Notes who validly tendered and did not validly withdraw their Notes at or prior to the Early Tender Deadline received on February 2, 2023 (the "Early Payment Date"), an amount equal to USD 863.75 (the "Total Consideration") for every USD 1,000 principal amount of the Notes validly tendered at or before the Early Tender Deadline and accepted in the Tender Offer, plus accrued and unpaid interest from the last interest payment date for the Notes to, but not including, the Early Payment Date. Holders of Notes who validly tendered their Notes after the Early Tender Deadline but at or prior to the Expiration Time will also receive the Total Consideration of USD 863.75 per USD 1,000 principal amount of Notes validly tendered and not withdrawn, plus accrued and unpaid interest from the last interest payment date for the Notes to, but not including, the purchase date therefor.

Payment for all Notes validly tendered after the Early Tender Deadline and at or prior to the Expiration Time will be made promptly after the Expiration Time, and is expected to be made on February 14, 2023. The Company's obligations to accept any Notes validly tendered and not withdrawn and to pay the consideration for them are set forth solely in the Offer to Purchase. The Tender Offer was made only by, and pursuant to the terms of, the Offer to Purchase, and the information in this announcement is qualified by reference to the Offer to Purchase.