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Maxcom Telecommunications announces terms

October 2, 2007
MXT

Maxcom Telecommunications, a telecommunication services operator providing voice and data services to residential and business customers in Mexico, filed terms with the SEC Tuesday for its upcoming IPO. The company plans to offer 9.7 million ADRs, including 1.9 million ADRs from the selling shareholders, with a price range of $15.50 to $17.50 per ADR. Morgan Stanley is the sole book runner on the deal.