Axtel, S.A.B. de C.V. (BMV: AXTELCPO; OTC: AXTLY) (“AXTEL” or “the Company”), a Mexican fixed-line integrated telecommunications company, today announced that has amended and supplemented the pending exchange offers being made by its wholly owned subsidiary Axtel Capital, S. de R.L. de C.V. (formerly Axtel Capital, S.A. de C.V. SOFOM E.N.R., “Axtel Capital”) to exchange (the “Exchange Offers”) any and all of AXTEL’s outstanding 7.625% Senior Notes due 2017 (the “2017 Notes”) and 9.00% Senior Notes due 2019 (the “2019 Notes”, and together with the 2017 Notes, the “Old Notes”) for a combination of Senior Secured Notes due 2020 (the “Senior Secured Notes”), Peso-denominated Senior Secured Convertible Dollar-indexed Notes due 2020 (the “Convertible Dollar-indexed Notes” and, together with the Senior Secured Notes, the “New Notes”) of AXTEL and cash. As announced last Friday, the Company has received tenders from holders of a majority in principal amount of each series of the Old Notes in satisfaction of the minimum tender condition. The Company has decided to further extend the Early Tender Date to permit additional Old Notes’ bondholders to participate in the Early Tender Date consideration now that the minimum tender condition has been met. The Exchange Offers are expected to expire at 11:59 p.m., New York City time, on January 28, 2013, unless either or both of them are extended by Axtel Capital. Mr. Felipe Canales, AXTEL´s Chief Financial Officer stated “We understand that some bondholders were not able to tender their Old Notes by the Early Tender Date due to administrative issues. Therefore, the extension announced will make the Early Tender Date consideration available through the extended date." The Exchange Offers and the terms of the New Notes are revised as follows: Extension of Early Tender Date. The Early Tender Date is 5:00 p.m. New York City time on January 24, 2013, unless extended or earlier terminated by Axtel Capital. No other changes to the terms of the Exchange Offers were announced.