Mexico, November 30, 2015 -- Moody's Investors Service, ("Moody's") today placed Axtel's corporate family rating of B3 and senior unsecured ratings of Caa1 on review for upgrade. The review for upgrade reflects our assessment that the potential merger between Axtel and Alestra (unrated), a subsidiary of Alfa (Baa3, stable), could result in substantial improvements for the combined entity's credit profile.

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