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class="mw-body-content"><div class="mw-content-ltr mw-parser-output" lang="en" dir="ltr"><div class="shortdescription nomobile noexcerpt noprint searchaux" style="display:none">Mexican telecommunications company</div> <style data-mw-deduplicate="TemplateStyles:r1236090951">.mw-parser-output .hatnote{font-style:italic}.mw-parser-output div.hatnote{padding-left:1.6em;margin-bottom:0.5em}.mw-parser-output .hatnote i{font-style:normal}.mw-parser-output .hatnote+link+.hatnote{margin-top:-0.5em}@media print{body.ns-0 .mw-parser-output .hatnote{display:none!important}}</style><div role="note" class="hatnote navigation-not-searchable">This article is about the telecommunications company. For the town in Kentucky, see <a href="/wiki/Axtel,_Kentucky" title="Axtel, Kentucky">Axtel, Kentucky</a>. For other uses, see <a href="/wiki/Axtell_(disambiguation)" class="mw-redirect mw-disambig" title="Axtell (disambiguation)">Axtell (disambiguation)</a>.</div> <figure class="mw-default-size" typeof="mw:File/Thumb"><a href="/wiki/File:AxtelCorp_Op1.png" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/d/d4/AxtelCorp_Op1.png/220px-AxtelCorp_Op1.png" decoding="async" width="220" height="85" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/d/d4/AxtelCorp_Op1.png/330px-AxtelCorp_Op1.png 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/d/d4/AxtelCorp_Op1.png/440px-AxtelCorp_Op1.png 2x" data-file-width="3322" data-file-height="1280" /></a><figcaption></figcaption></figure> <style data-mw-deduplicate="TemplateStyles:r1257001546">.mw-parser-output .infobox-subbox{padding:0;border:none;margin:-3px;width:auto;min-width:100%;font-size:100%;clear:none;float:none;background-color:transparent}.mw-parser-output .infobox-3cols-child{margin:auto}.mw-parser-output .infobox .navbar{font-size:100%}@media screen{html.skin-theme-clientpref-night .mw-parser-output .infobox-full-data:not(.notheme)>div:not(.notheme)[style]{background:#1f1f23!important;color:#f8f9fa}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .infobox-full-data:not(.notheme) div:not(.notheme){background:#1f1f23!important;color:#f8f9fa}}@media(min-width:640px){body.skin--responsive .mw-parser-output .infobox-table{display:table!important}body.skin--responsive .mw-parser-output .infobox-table>caption{display:table-caption!important}body.skin--responsive .mw-parser-output .infobox-table>tbody{display:table-row-group}body.skin--responsive .mw-parser-output .infobox-table tr{display:table-row!important}body.skin--responsive .mw-parser-output .infobox-table th,body.skin--responsive .mw-parser-output .infobox-table td{padding-left:inherit;padding-right:inherit}}</style><style data-mw-deduplicate="TemplateStyles:r1242257876">.mw-parser-output .ib-company .infobox-label{padding-right:0.5em}.mw-parser-output .ib-company .infobox-data,.mw-parser-output .ib-company .infobox-below{line-height:1.35em}.mw-parser-output .ib-company-logo img{background-color:#f8f9fa}.mw-parser-output .ib-company-locality,.mw-parser-output .ib-company-country{display:inline}</style><table class="infobox ib-company vcard"><caption class="infobox-title fn org" style="font-size: 125%;">Axtel S.A.B. de C.V.</caption><tbody><tr><td colspan="2" class="infobox-image ib-company-logo logo"><span class="mw-default-size" typeof="mw:File/Frameless"><a href="/wiki/File:Axtel.svg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/en/thumb/7/71/Axtel.svg/220px-Axtel.svg.png" decoding="async" width="220" height="66" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/en/thumb/7/71/Axtel.svg/330px-Axtel.svg.png 1.5x, //upload.wikimedia.org/wikipedia/en/thumb/7/71/Axtel.svg/440px-Axtel.svg.png 2x" data-file-width="207" data-file-height="62" /></a></span></td></tr><tr><th scope="row" class="infobox-label">Company type</th><td class="infobox-data category"><a href="/wiki/S.A._(corporation)" title="S.A. (corporation)">Sociedad Anónima Bursátil de Capital Variable</a></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Ticker_symbol" title="Ticker symbol">Traded as</a></div></th><td class="infobox-data"><a href="/wiki/Mexican_Stock_Exchange" title="Mexican Stock Exchange">BMV</a>: <a rel="nofollow" class="external text" href="https://www.bmv.com.mx/en/issuers/profile/AXTEL-6556">AXTEL</a></td></tr><tr><th scope="row" class="infobox-label">Industry</th><td class="infobox-data category"><a href="/wiki/Telecommunications" title="Telecommunications">Telecommunications</a></td></tr><tr><th scope="row" class="infobox-label">Founded</th><td class="infobox-data">1994<span class="noprint">; 31 years ago</span><span style="display:none"> (<span class="bday dtstart published updated">1994</span>)</span></td></tr><tr><th scope="row" class="infobox-label">Headquarters</th><td class="infobox-data label"><a href="/wiki/Monterrey" title="Monterrey">Monterrey</a>, <a href="/wiki/Mexico" title="Mexico">Mexico</a></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Area served</div></th><td class="infobox-data">45 cities of Mexico</td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Key people</div></th><td class="infobox-data agent">Tomás Milmo Santos <br /><span style="font-size: 85%;">(<a href="/wiki/Chairman" class="mw-redirect" title="Chairman">Chairman</a> & <a href="/wiki/CEO" class="mw-redirect" title="CEO">CEO</a>)</span> <br /> Felipe Canales Tijerina <small>(<a href="/wiki/CFO" class="mw-redirect" title="CFO">CFO</a>)</small></td></tr><tr><th scope="row" class="infobox-label">Services</th><td class="infobox-data category"><style data-mw-deduplicate="TemplateStyles:r1126788409">.mw-parser-output .plainlist ol,.mw-parser-output .plainlist ul{line-height:inherit;list-style:none;margin:0;padding:0}.mw-parser-output .plainlist ol li,.mw-parser-output .plainlist ul li{margin-bottom:0}</style><div class="plainlist"><ul><li><a href="/wiki/Telephony" title="Telephony">Telephony</a></li><li><a href="/wiki/Internet" title="Internet">Internet</a></li><li><a href="/wiki/TV" class="mw-redirect" title="TV">TV</a></li><li><a href="/wiki/IT_services" class="mw-redirect" title="IT services">IT services</a></li></ul></div></td></tr><tr><th scope="row" class="infobox-label">Revenue</th><td class="infobox-data"><span typeof="mw:File"><span title="Increase"><img alt="Increase" src="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/20px-Increase2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/b/b0/Increase2.svg/40px-Increase2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span> <a href="/wiki/US$" class="mw-redirect" title="US$">US$</a> 797.4 million <span style="font-size: 85%;">(2014)</span></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;"><a href="/wiki/Net_income" title="Net income">Net income</a></div></th><td class="infobox-data"><span typeof="mw:File"><span title="Decrease"><img alt="Decrease" src="//upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/20px-Decrease2.svg.png" decoding="async" width="11" height="11" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/e/ed/Decrease2.svg/40px-Decrease2.svg.png 2x" data-file-width="300" data-file-height="300" /></span></span> - <a href="/wiki/US$" class="mw-redirect" title="US$">US$</a> 144.4 million <span style="font-size: 85%;">(2014)</span></td></tr><tr><th scope="row" class="infobox-label"><div style="display: inline-block; line-height: 1.2em; padding: .1em 0;">Number of employees</div></th><td class="infobox-data">6,500</td></tr><tr><th scope="row" class="infobox-label">Website</th><td class="infobox-data"><a rel="nofollow" class="external text" href="http://www.axtel.mx/">www.axtel.mx</a></td></tr></tbody></table> <p><b>Axtel S.A.B. de C.V.</b>, known as <b>Axtel</b>, is a Mexican <a href="/wiki/Telecommunications" title="Telecommunications">telecommunications</a> <a href="/wiki/Company" title="Company">company</a> headquartered in <a href="/wiki/San_Pedro_Garza_Garcia" class="mw-redirect" title="San Pedro Garza Garcia">San Pedro</a>, near <a href="/wiki/Monterrey" title="Monterrey">Monterrey</a>. It offers telephone, internet, and television services through <a href="/wiki/FTTH" class="mw-redirect" title="FTTH">FTTH</a> in 45 cities of Mexico as well as IT Services. It is the second largest landline telephone service provider and a relevant <a href="/wiki/Virtual_private_network" title="Virtual private network">virtual private network</a> operator. </p> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="History">History</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Axtel&action=edit&section=1" title="Edit section: History"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Though incorporated in 1993, it wasn't until 1997 that AXTEL received authorizations from the Mexican government to operate in the radioelectrical spectrum. The company's business plan was to compete with Telmex in local telephony by bypassing phone lines and using fixed wireless communications instead, one of the largest deployments thereof in the world. It wasn't until 1999 that the company began operating in <a href="/wiki/Monterrey" title="Monterrey">Monterrey</a>. It later expanded to <a href="/wiki/Guadalajara,_Jalisco" class="mw-redirect" title="Guadalajara, Jalisco">Guadalajara</a>, and Mexico City in 2000. Then <a href="/wiki/President_of_Mexico" title="President of Mexico">President</a> <a href="/wiki/Ernesto_Zedillo" title="Ernesto Zedillo">Ernesto Zedillo</a> made the first "national" call in the company's network, inaugurating service nationwide. At the time, news outlets around the country<sup class="noprint Inline-Template" style="white-space:nowrap;">[<i><a href="/wiki/Wikipedia:Avoid_weasel_words" class="mw-redirect" title="Wikipedia:Avoid weasel words"><span title="The material near this tag possibly uses too vague attribution or weasel words. (April 2012)">which?</span></a></i>]</sup> saw this moment as the beginning of a true open market in the local telephony business in Mexico. </p><p>On December 4, 2006, Axtel acquired Avantel Infraestructura and Avantel, S. de R.L. de C.V. (collectively Avantel). </p><p>Avantel was a provider of Internet protocol (IP) solutions. Avantel provided telecommunications services to business, government and residential customers in Mexico. Avantel was incorporated as a 55.5%-44.5% joint-venture between Banamex and MCI, primarily oriented to provide long-distance services. Avantel brought to Axtel spectrum in various frequencies, approximately 390 kilometers of metropolitan fiber optic rings, 7,700 kilometers of long-distance fiber optic network, an IP backbone and connectivity in 200 cities in Mexico, among others. </p><p>By 2007, Axtel had expanded its coverage to 20 of the most important cities in the nation. It was in this year that the company made its initial public offering in the <a href="/wiki/Bolsa_Mexicana_de_Valores" class="mw-redirect" title="Bolsa Mexicana de Valores">Mexican Stock Exchange</a>. </p><p>AXTEL provides services using a hybrid wireline and fixed wireless local access network (including 1,079.8 kilometers of metro fiber optic rings) along with 7,700 kilometers of long-haul fiber-optic network. The company's nationwide network includes 7,700 kilometers of fiber optic network with links to terminate long-distance traffic in over 200 cities. </p><p>Axtel offers local, long distance, Internet, and data services, such as virtual private lines, dedicated private lines, frame relay and Web-hosting. </p> <div class="mw-heading mw-heading2"><h2 id="Coverage">Coverage</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Axtel&action=edit&section=2" title="Edit section: Coverage"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Axtel claims to have enough coverage for 95% of the Mexican population and 1 Million installed phone lines.<sup id="cite_ref-1" class="reference"><a href="#cite_note-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup> </p><p>Currently, Axtel delivers service in the following cities: </p> <ul><li><a href="/wiki/Monterrey" title="Monterrey">Monterrey</a></li> <li>Mexico City</li> <li><a href="/wiki/Guadalajara,_Jalisco" class="mw-redirect" title="Guadalajara, Jalisco">Guadalajara</a></li> <li><a href="/wiki/Puebla,_Puebla" class="mw-redirect" title="Puebla, Puebla">Puebla</a></li> <li><a href="/wiki/Le%C3%B3n,_Guanajuato" title="León, Guanajuato">León</a></li> <li><a href="/wiki/Toluca" title="Toluca">Toluca</a></li> <li><a href="/wiki/Santiago_de_Quer%C3%A9taro" class="mw-redirect" title="Santiago de Querétaro">Querétaro</a></li> <li><a href="/wiki/San_Luis_Potos%C3%AD,_San_Luis_Potos%C3%AD" class="mw-redirect" title="San Luis Potosí, San Luis Potosí">San Luis Potosí</a></li> <li><a href="/wiki/Aguascalientes,_Aguascalientes" class="mw-redirect" title="Aguascalientes, Aguascalientes">Aguascalientes</a></li> <li><a href="/wiki/Saltillo,_Coahuila" class="mw-redirect" title="Saltillo, Coahuila">Saltillo, Coahuila</a></li> <li><a href="/wiki/Torre%C3%B3n,_Coahuila" class="mw-redirect" title="Torreón, Coahuila">Torreón, Coahuila</a></li> <li><a href="/wiki/Veracruz,_Veracruz" class="mw-redirect" title="Veracruz, Veracruz">Veracruz</a></li> <li><a href="/wiki/Xalapa,_Veracruz" class="mw-redirect" title="Xalapa, Veracruz">Xalapa, Veracruz</a></li> <li><a href="/wiki/Chihuahua,_Chihuahua" class="mw-redirect" title="Chihuahua, Chihuahua">Chihuahua</a></li> <li><a href="/wiki/Celaya,_Guanajuato" class="mw-redirect" title="Celaya, Guanajuato">Celaya, Guanajuato</a></li> <li><a href="/wiki/Irapuato,_Guanajuato" class="mw-redirect" title="Irapuato, Guanajuato">Irapuato</a></li> <li><a href="/wiki/San_Juan_del_Rio,_Queretaro" class="mw-redirect" title="San Juan del Rio, Queretaro">San Juan del Rio, Queretaro</a></li> <li><a href="/wiki/Cuernavaca,_Morelos" class="mw-redirect" title="Cuernavaca, Morelos">Cuernavaca, Morelos</a></li> <li><a href="/wiki/Pachuca,_Hidalgo" class="mw-redirect" title="Pachuca, Hidalgo">Pachuca, Hidalgo</a></li> <li><a href="/wiki/Tijuana" title="Tijuana">Tijuana</a></li> <li><a href="/wiki/Mexicali" title="Mexicali">Mexicali</a></li> <li><a href="/wiki/Ciudad_Ju%C3%A1rez,_Chihuahua" class="mw-redirect" title="Ciudad Juárez, Chihuahua">Ciudad Juárez, Chihuahua</a></li> <li><a href="/wiki/Tampico,_Tamaulipas" class="mw-redirect" title="Tampico, Tamaulipas">Tampico, Tamaulipas</a></li> <li><a href="/wiki/Ciudad_Victoria,_Tamaulipas" class="mw-redirect" title="Ciudad Victoria, Tamaulipas">Ciudad Victoria, Tamaulipas</a></li> <li><a href="/wiki/Morelia,_Michoacan" class="mw-redirect" title="Morelia, Michoacan">Morelia, Michoacan</a></li> <li><a href="/wiki/Hermosillo,_Sonora" class="mw-redirect" title="Hermosillo, Sonora">Hermosillo, Sonora</a></li> <li><a href="/wiki/M%C3%A9rida,_Yucat%C3%A1n" title="Mérida, Yucatán">Mérida, Yucatán</a></li> <li><a href="/wiki/Culiac%C3%A1n,_Sinaloa" class="mw-redirect" title="Culiacán, Sinaloa">Culiacán, Sinaloa</a></li> <li><a href="/wiki/Mazatl%C3%A1n,_Sinaloa" class="mw-redirect" title="Mazatlán, Sinaloa">Mazatlán, Sinaloa</a></li> <li><a href="/wiki/Reynosa,_Tamaulipas" class="mw-redirect" title="Reynosa, Tamaulipas">Reynosa, Tamaulipas</a></li> <li><a href="/wiki/Acapulco,_Guerrero" class="mw-redirect" title="Acapulco, Guerrero">Acapulco, Guerrero</a></li> <li><a href="/wiki/Nuevo_Laredo,_Tamaulipas" class="mw-redirect" title="Nuevo Laredo, Tamaulipas">Nuevo Laredo, Tamaulipas</a></li> <li><a href="/wiki/Durango,_Durango" class="mw-redirect" title="Durango, Durango">Durango, Durango</a></li> <li><a href="/wiki/Matamoros,_Tamaulipas" title="Matamoros, Tamaulipas">Matamoros, Tamaulipas</a></li> <li><a href="/wiki/Canc%C3%BAn" title="Cancún">Cancún</a>, Quintana Roo</li> <li><a href="/wiki/Villahermosa,_Tabasco" class="mw-redirect" title="Villahermosa, Tabasco">Villahermosa, Tabasco</a></li> <li><a href="/wiki/Coatzacoalcos" title="Coatzacoalcos">Coatzacoalcos</a>, Veracruz</li> <li><a href="/wiki/Minatitl%C3%A1n,_Veracruz" title="Minatitlán, Veracruz">Minatitlán, Veracruz</a></li> <li><a href="/wiki/Zacatecas,_Zacatecas" class="mw-redirect" title="Zacatecas, Zacatecas">Zacatecas, Zacatecas</a></li> <li><a href="/wiki/P%C3%A9njamo" title="Pénjamo">Pénjamo</a>, Guanajuato</li> <li><a href="/wiki/San_Francisco_del_Rinc%C3%B3n,_Guanajuato" class="mw-redirect" title="San Francisco del Rincón, Guanajuato">San Francisco del Rincón, Guanajuato</a></li> <li><a href="/wiki/Silao,_Guanajuato" title="Silao, Guanajuato">Silao, Guanajuato</a></li> <li><a href="/wiki/Acambaro,_Guanajuato" class="mw-redirect" title="Acambaro, Guanajuato">Acambaro, Guanajuato</a></li> <li><a href="/wiki/Linares,_Nuevo_Le%C3%B3n" title="Linares, Nuevo León">Linares, Nuevo León</a></li> <li><a href="/wiki/Parras_de_la_Fuente,_Coahuila" class="mw-redirect" title="Parras de la Fuente, Coahuila">Parras de la Fuente, Coahuila</a></li></ul> <div class="mw-heading mw-heading2"><h2 id="Trivia">Trivia</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Axtel&action=edit&section=3" title="Edit section: Trivia"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>Axtel features in its ads the <a href="/wiki/Regina_Spektor" title="Regina Spektor">Regina Spektor</a> song <i>Fidelity</i> </p> <div class="mw-heading mw-heading2"><h2 id="Notes">Notes</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Axtel&action=edit&section=4" title="Edit section: Notes"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output 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id="Blackstone86" style="font-size:114%;margin:0 4em"><a href="/wiki/Blackstone_Inc" class="mw-redirect" title="Blackstone Inc">Blackstone</a></div></th></tr><tr><th scope="row" class="navbox-group" style="width:1%">Founders</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Peter_G._Peterson" title="Peter G. Peterson">Peter G. Peterson</a></li> <li><a href="/wiki/Stephen_A._Schwarzman" title="Stephen A. Schwarzman">Stephen A. Schwarzman</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Notable executives</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%">Current</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Joseph_Baratta" title="Joseph Baratta">Joseph Baratta</a></li> <li><a href="/wiki/David_Blitzer" title="David Blitzer">David Blitzer</a></li> <li><a href="/wiki/Jonathan_D._Gray" title="Jonathan D. Gray">Jonathan D. Gray</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Former</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Roger_Altman" title="Roger Altman">Roger Altman</a></li> <li><a href="/wiki/Larry_Fink" title="Larry Fink">Larry Fink</a></li> <li><a href="/wiki/Hamilton_E._James" title="Hamilton E. James">Hamilton E. James</a></li> <li><a href="/wiki/David_Stockman" title="David Stockman">David Stockman</a></li> <li><a href="/wiki/John_J._Studzinski" title="John J. Studzinski">John J. Studzinski</a></li> <li><a href="/wiki/Laurence_Tosi" title="Laurence Tosi">Laurence Tosi</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Subsidiaries</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%">Current</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Blackstone_Credit" title="Blackstone Credit">Blackstone Credit</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Former</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/BlackRock" title="BlackRock">Blackrock</a></li> <li><a href="/wiki/PJT_Partners" title="PJT Partners">PJT Partners</a></li></ul> </div></td></tr></tbody></table><div></div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Investment holdings</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"></div><table class="nowraplinks navbox-subgroup" style="border-spacing:0"><tbody><tr><th scope="row" class="navbox-group" style="width:1%">Business services</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/CMS_Computers" title="CMS Computers">CMS Computers</a></li> <li>RGIS</li> <li><a href="/wiki/SunGard" title="SunGard">SunGard</a> (minority shareholder)</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Consumer/retail</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/The_Michaels_Companies" title="The Michaels Companies">The Michaels Companies</a> (Joint control)</li> <li><a href="/wiki/Pinnacle_Foods" title="Pinnacle Foods">Pinnacle Foods</a></li> <li><a href="/wiki/United_Biscuits" title="United Biscuits">United Biscuits</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">IT services</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Mphasis" title="Mphasis">Mphasis</a> (56.12%)</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Financial services</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/BankUnited" title="BankUnited">BankUnited</a> (minority stake)</li> <li><a href="/wiki/Corebridge_Financial" title="Corebridge Financial">Corebridge Financial</a> (minority stake)</li> <li><a href="/wiki/HealthMarkets" title="HealthMarkets">HealthMarkets</a> (minority stake)</li> <li><a href="/wiki/Financial_Guaranty_Insurance_Company" title="Financial Guaranty Insurance Company">FGIC</a> (minority stake)</li> <li><a href="/wiki/Refinitiv" title="Refinitiv">Refinitiv</a> (minority stake)</li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Healthcare</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Biomet" title="Biomet">Biomet</a></li> <li><a href="/wiki/Emcure_Pharmaceuticals" title="Emcure Pharmaceuticals">Emcure Pharmaceuticals</a> (investment)</li> <li><a href="/wiki/Vanguard_Health_Systems" title="Vanguard Health Systems">Vanguard Health Systems</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Industrial</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Freescale_Semiconductor" title="Freescale Semiconductor">Freescale</a> (Joint Control)</li> <li><a href="/wiki/Kl%C3%B6ckner_Pentaplast" title="Klöckner Pentaplast">Klöckner Pentaplast</a></li> <li><a href="/wiki/TRW_Automotive" title="TRW Automotive">TRW Automotive</a> (Control)</li> <li><a href="/wiki/Essel_Propack" title="Essel Propack">Essel Propack</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Media/telecom</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/MNRK_Music_Group" title="MNRK Music Group">MNRK Music Group</a> <ul><li><a href="/wiki/Dualtone_Records" title="Dualtone Records">Dualtone Records</a></li> <li><a href="/wiki/Last_Gang_Records" title="Last Gang Records">Last Gang Records</a></li> <li><a href="/wiki/Light_Records" title="Light Records">Light Records</a></li></ul></li> <li><a href="/wiki/SESAC" title="SESAC">SESAC</a></li> <li><a href="/wiki/EAccess" class="mw-redirect" title="EAccess">eAccess</a> (investment)</li> <li><a href="/wiki/Nielsen_Holdings" title="Nielsen Holdings">Nielsen Holdings</a> (minority stake)</li> <li><a class="mw-selflink selflink">Axtel</a> (minority stake)</li> <li><a href="/wiki/Deutsche_Telekom" title="Deutsche Telekom">Deutsche Telekom</a> (minority stake)</li> <li><a href="/wiki/TDC_Group" class="mw-redirect" title="TDC Group">TDC Group</a> (minority stake)</li> <li><a href="/wiki/The_Weather_Channel" title="The Weather Channel">The Weather Channel</a> (minority stake)</li> <li><a href="/wiki/International_Data_Group" title="International Data Group">International Data Group</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Travel & leisure</th><td class="navbox-list-with-group navbox-list navbox-odd" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Hilton_Worldwide" title="Hilton Worldwide">Hilton Worldwide</a> (former)</li> <li><a href="/wiki/Casual_Dining_Group" class="mw-redirect" title="Casual Dining Group">Casual Dining Group</a></li> <li><a href="/wiki/Center_Parcs_Europe" title="Center Parcs Europe">Center Parcs Europe</a> (freehold)</li> <li><a href="/wiki/Center_Parcs_UK_and_Ireland" title="Center Parcs UK and Ireland">Center Parcs UK and Ireland</a></li> <li><a href="/wiki/Caesars_Entertainment_Corporation" class="mw-redirect" title="Caesars Entertainment Corporation">Caesars Entertainment Corporation</a> (former)</li> <li><a href="/wiki/Crown_Resorts" title="Crown Resorts">Crown Resorts</a></li> <li><a href="/wiki/Great_Wolf_Resorts" title="Great Wolf Resorts">Great Wolf Resorts</a></li> <li><a href="/wiki/Merlin_Entertainments" title="Merlin Entertainments">Merlin Entertainments</a> (minority stake)</li> <li><a href="/wiki/SeaWorld_Parks_%26_Entertainment" class="mw-redirect" title="SeaWorld Parks & Entertainment">SeaWorld Parks & Entertainment</a> (former)</li> <li><a href="/wiki/Travelport" title="Travelport">Travelport</a></li> <li><a href="/wiki/Bourne_Leisure" title="Bourne Leisure">Bourne Leisure</a></li> <li><a href="/wiki/Village_Hotel_Club" title="Village Hotel Club">Village Hotel Club</a></li></ul> </div></td></tr><tr><th scope="row" class="navbox-group" style="width:1%">Real estate</th><td class="navbox-list-with-group navbox-list navbox-even" style="width:100%;padding:0"><div style="padding:0 0.25em"> <ul><li><a href="/wiki/Extended_Stay_America" title="Extended Stay America">Extended Stay America</a> (minority stake)</li> <li><a href="/wiki/EQ_Office" title="EQ Office">EQ Office</a></li> <li><a href="/wiki/La_Quinta_Inns_%26_Suites" title="La Quinta Inns & Suites">La Quinta Inns & Suites</a></li> <li><a href="/wiki/Top_Ryde_City" title="Top Ryde City">Top Ryde City</a></li></ul> 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