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Telefonos de Mexico
(BMV: TELMEX A)
Mexico
With revenues for local and long-distance telephone service flat or slightly down over the previous year, Telefonos de Mexico (Telmex), Mexico's dominant fixed-line carrier with 18.4 million lines, focused on growing its subscriber base for Internet and corporate data-transmission services. Internet clients continued growing at a five-year annual rate of 27.3%, to total 2.1 million subscribers, half of them broadband users. In Mexico, which accounts for 75% of the company's income, revenues from Internet accounts increased 17.3% while plain old telephone service revenues decreased slightly. Still, local and long-distance voice services generated two-thirds of Telmex's 2005 revenues of $14.4 billion. During the year, Telmex also poured around $600 million into upgrading operations at Embratel, the Brazilian long-distance operator that it acquired in 2004, and focused on expanding Internet and corporate data services at its other operations in Argentina, Chile, Colombia, and Peru. Revenues expanded just 17% in 2005, but Telmex provided a 27.8% return on equity and a total return to shareholders of 14.5% in the 12 months ended May 31.
Company Info |
|
| 2005 Rank | 25 |
| Sales* ($ Millions) | 14,409.7 |
| Sales Growth (over prev. year) |
17 % |
| Profits* ($ Millions) | 2,492.0 |
| Return on Equity | 27.8 % |
| Total Return on Sales (12-mo.) | 14.5 |
| Share Price As of 5/31/06 | 0.99 |
| CURRENT MARKET INFO | BMV: TELMEX A |
| No. of Employees | |
| Industry | Telecommunications |
| COMPANY WEB SITE > | |
*Trailing 12 months
Stock price data as of 5/31/06
DATA: Standard & Poor's Compustat
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Company Snapshot
Telefonos de Mexico, through its subsidiaries, engages in the ownership and operation of a telecommunications system in Mexico. It provides fixed-line telephony services, and fixed local and long-distance telephone services. The company also offers other telecommunications-related services, such as corporate networks, Internet services, directory services, information network management, telephone equipment sales, telecommunications network integration services, interconnection services to other carriers, and paging services. Telefonos de Mexico also offers voice, data, and Internet services in Brazil, Chile, Argentina, Peru, and Colombia; wireless voice, data, and video transfer services, and local and long distance fixed-line voice services in Argentina; and satellite services in Brazil. In addition, the company provides printed and online Yellow Pages directories, public phones and prepaid cards, hosting and co-location products, and Internet portals and e-commerce for consumers and businesses. Telefonos de Mexico was founded in 1947 and is headquartered in Mexico City. Telefonos de Mexico is a subsidiary of Carso Global Telecom.
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