[July 07, 2008] Maxcom Selects KPMG as Independent Auditor Tweet MEXICO CITY, July 7 /PRNewswire-FirstCall/ -- Maxcom Telecomunicaciones, S.A.B. de C.V. ("Maxcom", or "the Company") (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. Maxcom Telecomunicaciones, S.A.B. de C.V. CONTACT: Juan Carlos Sotomayor, Mexico, D.F., Mexico, (52 55) 1163 1104,[email protected], or Lucia Domville, New York City, NY,+1-646-284-9416, [email protected] Web site: http://www.maxcom.com/ [ Back To TMCnet.com's Homepage ]