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1Vote!

Fitch Affirms Telmex IDR at 'A-'; Outlook Stable

MONTERREY, Mexico--(BUSINESS WIRE)--Fitch Ratings has affirmed Telefonos de Mexico, S.A.B. de C.V.'s (Telmex) foreign and local currency Issuer Default Ratings (IDRs) at 'A-'. Approximately US$2.2 billion in debt is

1Vote!
1Vote!

Zacks Analyst Blog Highlights: International Business Machines Corp., Telefonos de Mexico, S.A., Telecomunicacoes de Sao Paulo S.A., Yum! Brands, Inc. and PepsiCo, Inc.

CHICAGO--(BUSINESS WIRE)--Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting

2Vote!

Jaime Chico Pardo Joins AT&T Board of Directors

AT&T Inc. (NYSE:T) today announced that Jaime Chico Pardo will join the company's board of directors. Mr. Chico is chairman of Telefonos de Mexico, S.A.B. de C.V. (Telmex). He will serve on the AT&T board's audit committee.

2Vote!

Telmex looses 7,800 clients as Mexicans prefer cable operators providing phone services (Mexico)

According to the data released by the national cable association Canitec, Telmex has lost over 7,800 users who have preferred the services of other cable or telephone operators. Telefonos de Mexico adds 750 new telephone customers. The services of cable operators which also offers phone services is preferred by around 2,000 ported clients. Wireless Mobile Telecom [...]

2Vote!

Mexico’s Telmex 2Q profits down 13 pct. (AP)

AP - Telefonos de Mexico SA, Mexico’s dominant fixed-line phone operator, said Tuesday that profits fell 13 percent in the second quarter amid stronger competition. Read the full story

1Vote!

Mexico's Telmex 2Q profits down 13 pct.

Telefonos de Mexico SA, Mexico's dominant fixed-line phone operator, said Tuesday that profits fell 13 percent in the second quarter amid stronger competition.

1Vote!

Mexico's Telmex 2Q profits down 13 pct.

Telefonos de Mexico SA, Mexico's dominant fixed-line phone operator, said Tuesday that profits fell 13 percent in the second quarter amid stronger competition. Telmex, which is owned by Mexican billionaire Carlos Slim, reported net profits fell to 6.2 billion...

1Vote!

Mexico's Telmex 2Q profits down 13 pct.

Telefonos de Mexico SA, Mexico's dominant fixed-line phone operator, said Tuesday that profits fell 13 percent in the second quarter amid stronger competition.

1Vote!

Mexico's Telmex 2Q profits down 13 pct.

MEXICO CITY -- Telefonos de Mexico SA, Mexico's dominant fixed-line phone operator, said Tuesday that profits fell 13 percent in the second quarter amid stronger competition.

2Vote!

Telmex upped to buy at Deutsche Bank

LONDON (MarketWatch) -- Deutsche Bank upped Telefonos de Mexico to buy from hold and lifted its price target to $39 from $28, based on attraction valuation and its move to spin off its international operations. "Longer term the free cash flow generation should stabilize around $3 billion and according to our estimates buybacks and dividends could reach $3/ADR," the broker said. Market Pulse Stories...

6Vote!

Telmex Finishes South America Spinoff

Mexican billionaire Carlos Slim completed his spinoff of the South American operation of communications giant Teléfonos de México.

4Vote!

Slim Completes Telmex Spinoff

Mexican billionaire Carlos Slim completed his spinoff of the South American operations of Teléfonos de México, freeing the new company to expand its cable and satellite TV service. Telmex Internacional shares rose 7.9%.

4Vote!

Investors to Weigh Growth Against Cash Flow in Telmex Spinoff

[CN+] Investors will soon get the chance to value Mexican phone company Telefonos de Mexico's stodgy but cash-rich domestic business and its faster-growing foreign operations when it lists spinoff Telmex Internacional next week.

3Vote!

Mexican Telephone Cos Seen Posting Mixed First Qtr Results

[CN+] Mexico's leading mobile operator, America Movil, is expected to post higher first-quarter net profit thanks to strong growth at home and abroad, while the results of wireline carriers such as Telefonos de Mexico were probably hurt by seasonal factors.