Maxcom Telecommunications, a telecommunications service provider for residential and business customers in Mexico, plans to offer 9.7 million ADRs, including 1.9 million from the selling shareholders, to US and international investors. It also plans to offer 2.4 million ADSs' worth of ordinary participation certificates (CPOs) to Mexican investors, including 0.5 from selling shareholders. Morgan Stanley is the sole book runner on the deal.

