Maxcom Telecomunicaciones S.A.B. de C.V. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company announced total revenues of MXN 674,566,000 compared to MXN 635,665,000 for the same period a year ago. EBITDA was MXN 131,335,000 compared to MXN 187,036,000 for the same period a year ago. Operating income was MXN 23,402,000 compared to operating loss of MXN 34,039,000 for the same period a year ago. Loss before taxes was MXN 26,044,000 compared to MXN 226,291,000 for the same period a year ago. Net loss was MXN 26,044,000 compared to MXN 226,291,000 for the same period a year ago. Loss per share, diluted was MXN 0.01 compared to MXN 0.28 for the same period a year ago. Net cash flow generated from operating activities was MXN 39,551,000 compared to MXN 167,889,000 for the same period a year ago. Cash flow used in telephone network systems and equipment, net was MXN 131,279,000 compared to MXN 135,083,000 for the same period a year ago. Adjusted EBITDA was MXN 131 million, 26% or MXN 47 million below than the MXN 178 million registered in the same period last year. Free cash flow used was MXN 92 million compared to free cash flow generated of MXN 32 million for the same period a year ago.

For the six months, the company announced total revenues of MXN 1,323,126,000 compared to MXN 1,218,020,000 for the same period a year ago. EBITDA was MXN 281,483,000 compared to MXN 360,090,000 for the same period a year ago. Operating income was MXN 68,515,000 compared to operating loss of MXN 5,931,000 for the same period a year ago. Loss before taxes was MXN 44,782,000 compared to MXN 174,708,000 for the same period a year ago. Net loss was MXN 44,782,000 compared to MXN 174,708,000 for the same period a year ago. Loss per share, diluted was MXN 0.02 compared to MXN 0.22 for the same period a year ago. Net cash flow generated from operating activities was MXN 89,444,000 compared to MXN 170,003,000 for the same period a year ago. Cash flow used in telephone network systems and equipment, net was MXN 225,046,000 compared to MXN 225,496,000 for the same period a year ago. Free cash flow used was MXN 136 million compared to MXN 56 million for the same period a year ago.