Axesat and CETel Combine to become AXESS Networks

Barcelona, Spain, September 25, 2019–Supported by Aksiom Group Limited, a specialist in the development of high growth technical services companies, satellite service providers Latin American-based Axesat and German-based CETel, are combining to form AXESS Networks (AXESS).

The new company has a unique global infrastructure, recognized by theWorld Teleport Association (WTA). AXESS operates three main teleports located in Germany, Mexico and Colombia, and alternative teleports in Dubai and Peru. The company provides global coverage to a diverse base of industrial, energy, oil and gas, telecom, infrastructure, mining, marine and government/NGO customers, all who have critical operations in difficult to serve regions where reliability and security of service is of paramount importance. Current operations cover more than 50 countries on four continents.

Pairing the highly successful commercial strategy of Axesat and its leading presence in the Latin American market with CETel’s experience in providing German-engineered, customer-specific solutions to the EMEA market has been the key driver for this merger, according to the company statement.

The former president of Axesat, Mauricio Segovia, has been appointed AXESS’ Chief Executive Officer (CEO). Guido Neumann, former Chief Executive Officer and Co-Founder of CETel, has been appointed AXESS’ Chief Development Officer (CDO). Ramon Escales joined the company as the new Chief Financial Officer (CFO).

AXESS is headquartered in Barcelona, Spain. Christopher Picotte, Executive Chairman of Aksiom Group and Chairman of AXESS explains, “Our initial involvement in CETel in May 2018 was premised on: the value of an expert service provider connecting the rapidly evolving technology offered by the satellite operators with the highly specific technical and service needs of enterprise customers in dynamic and challenging data environments, and (the opportunity to consolidate and globalize this service offering. The creation of AXESS is a major step forward, and we are delighted to be partnered with Mauricio and Guido.”

Mauricio Segovia, CEO of AXESS states, “One of our main goals is enhancing our offering to provide comprehensive turnkey solutions to Telcos and large enterprises. Our company will connect companies globally through a differentiated value offering and the best technical support and customer service.”

Guido Neumann, CDO of AXESS adds, “The merger of Axesat and CETel into AXESS is a further milestone within our global growth and diversification strategy. AXESS combines experiences of two individual leading companies from two continents and therewith a new true global leader rises within our thrilling industry.”

Aksiom develops and executes high-growth strategies across the European and global technical services sector. Its group companies provide complex services to owners of industrial, utility and infrastructure assets. Aksiom partners with established, entrepreneurial companies and contributes strategic, commercial, management and capital resources to accelerate organic and market consolidation growth strategies.