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Home - Telmex
Tag:

Telmex

  • LatAm: Mexico fines Telmex for monopolistic practices; Oi CEO resigns

    by Roberta Prescott October 9, 2014
    by Roberta Prescott October 9, 2014

    Mexico’s telecommunications regulator, IFT, has imposed a $3.69 million fine on fixed-line operator Telmex for monopolistic practices in long-distance services. IFT said Telmex committed a serious infraction by ignoring competitor …

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  • Mexico’s anti-trust regulator fines Telmex

    by rcrwirelessadmin February 11, 2013
    by rcrwirelessadmin February 11, 2013

    The Mexican Federal Competition Commission (Comisión Federal de Competencia—CFC) has fined América Móvil’s fixed line company Telmex U.S.$51.6 million (657 million pesos) for denying interconnection through its dedicated links to competitor …

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  • América Móvil set for enterprise-focused cloud strategy

    by rcrwirelessadmin February 2, 2012
    by rcrwirelessadmin February 2, 2012

    A new study by market research firm Infonetics Research showed that carriers are embracing cloud computing as a key corporate strategy. On the same day that Brazilian operator Oi announced …

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  • Embratel’ América Móvil can take control of Brazilian Net Serviços

    by rcrwirelessadmin January 27, 2012
    by rcrwirelessadmin January 27, 2012

    The board of directors of Brazilian telecom regulator Anatel has unanimously agreed to relinquish control of Globo Comunicação e Participações SA on the Brazilian cable operator Net Serviços de Comunicação …

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  • Two major Mexican carriers generate two-thirds of industry revenue, but account for less than one third of investment

    by rcrwirelessadmin January 18, 2012
    by rcrwirelessadmin January 18, 2012

    The two major telecom operators in Mexico – fixed Telmex and mobile Telcel -, which together generate two-thirds of industry revenue, contribute less than one third of the investments. In …

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  • Telmex to delist from 3 exchanges, end ADR programs

    by rcrwirelessadmin December 22, 2011
    by rcrwirelessadmin December 22, 2011

    América Móvil’s Telmex (BMV: TELMEX) said it intends to delist its American depositary shares from the New York Stock Exchange and the Nasdaq and its L Shares from the Mercado …

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  • América Móvil to pay $4.6 billion to secure hold on Telmex

    by rcrwirelessadmin November 17, 2011
    by rcrwirelessadmin November 17, 2011

    Carlos Slim’s América Móvil SAB will pay $4.6 billion (or 62.1 billion pesos) to increase its stake in Teléfonos de México SAB from 59.4% to 92.8%, securing control of Telmex.

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  • América Móvil to buy out remainder of Telmex

    by Roberta Prescott August 3, 2011
    by Roberta Prescott August 3, 2011

    Mexican telecom giant América Móvil, owned by billionaire Carlos Slim, is offering US $6.5 billion to acquire from shareholders the entire ownership of its fixed-line operation Telefonos de Mexico SAB …

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  • Ciena expects high growth from Latin America

    by Roberta Prescott July 26, 2011
    by Roberta Prescott July 26, 2011

    Expecting a transformation in Latin America’s telecommunications networks, Ciena Corp. said it believes region will grow at higher rates than other markets. “Latam is one area of great growth for Ciena. …

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  • Telmex’s net income and revenue fell in second quarter

    by Roberta Prescott July 21, 2011
    by Roberta Prescott July 21, 2011

    Net income for the second quarter at Mexican fixed line incumbent Telefonos de Mexico SAB fell 11.8% from the year-ago period. Telmex’s revenue also dropped 2.9% from the year-ago period …

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  • Telmex wins Nextel auction for wireless broadband

    by Sandra Cuya April 8, 2011
    by Sandra Cuya April 8, 2011

    Reuters | April 7, 2011 | Andre Grenon (Reuters) – Telmex, the telecommunications giant controlled by Mexican billionaire Carlos Slim, said it won a contract to provide the platform for …

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  • Telmex Ecuador follows Porta in Claro rebranding

    by Sandra Cuya March 28, 2011
    by Sandra Cuya March 28, 2011

    TeleGeography | March 28, 2011 Mexican telecoms group America Movil (AM) has decided to rebrand fixed broadband unit Telmex Ecuador under the Claro moniker used across AM’s Latin American operations, …

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  • Mexican phone, TV firms raise ante

    by Sandra Cuya March 10, 2011
    by Sandra Cuya March 10, 2011

    Wall Street Journal | March 10, 2011 | Jose De Cordoba MEXICO CITY–Three powerful billionaires, lambasting one another as “monopolists” and “duopolists,” filed complaints against each other Wednesday, ratcheting up …

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  • Mexico’s Telmex to split in two

    by Sandra Cuya March 9, 2011
    by Sandra Cuya March 9, 2011

    Wall Street Journal | March 9, 2011 | Anthony Harrup MEXICO CITY—Mexico’s largest phone company Telefonos de Mexico SAB said it plans to split into two companies, one of which will …

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  • Mexico's Telmex to split in two

    by rcrwirelessadmin March 9, 2011
    by rcrwirelessadmin March 9, 2011

    Wall Street Journal | March 9, 2011 | Anthony Harrup MEXICO CITY—Mexico’s largest phone company Telefonos de Mexico SAB said it plans to split into two companies, one of which will …

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  • Let’s stop the abuse of Telmex-Telcel

    by Sandra Cuya March 8, 2011
    by Sandra Cuya March 8, 2011

    Grupo Mercatel | March 9, 2011 | Press Release — To lower the rates, 9 pending interconnection proceedings with COFETEL must be resolved — Telmex-Telcel repeatedly violate their concessions: there …

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  • Let's stop the abuse of Telmex-Telcel

    by rcrwirelessadmin March 8, 2011
    by rcrwirelessadmin March 8, 2011

    Grupo Mercatel | March 9, 2011 | Press Release — To lower the rates, 9 pending interconnection proceedings with COFETEL must be resolved — Telmex-Telcel repeatedly violate their concessions: there …

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  • Billionaire vs. billionaire in Mexico feud

    by Sandra Cuya March 4, 2011
    by Sandra Cuya March 4, 2011

    Wall Street Journal | March 4, 2011 | JOSÉ DE CORDOBA MEXICO CITY—Three of Mexico’s most prominent billionaires—who were once a cozy group of amigos protecting each other’s backs—are now battling …

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  • Mexico tycoon rivalry worsens over jump in ad rates

    by Sandra Cuya February 21, 2011
    by Sandra Cuya February 21, 2011

    Reuters | February 21, 2011 | Cyntia Barrera Diaz (Reuters) – Billionaire Carlos Slim pulled advertising from Mexico‘s top broadcaster after ad rates spiked by 20 percent, a Slim spokesman said …

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  • Telecommunications Companies in the U.S. Condemn the lack of action of the Mexican government against the Telmex monopoly in Mexico

    by Sandra Cuya February 8, 2011
    by Sandra Cuya February 8, 2011

    PR Newswire | February 3, 2011 — Telecommunications companies in the United States, represented by COMPTEL, express concern about the independence of COFETEL and hope it will achieve the autonomy …

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  • Telmex to see some synergies with América Móvil in 2011, CFO says – Mexico

    by Sandra Cuya February 7, 2011
    by Sandra Cuya February 7, 2011

    Business News Americas | February 7, 2011 | Juan Pedro Tomás Mexican telecoms operator Telmex expects to see some synergies with its controlling company América Móvil (NYSE: AMX) this year, …

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  • UPDATE 2-Mexico’s Telmex profit slumps 32 pct on tax hit

    by Sandra Cuya February 7, 2011
    by Sandra Cuya February 7, 2011

    Reuters | February 3, 2011 | Michael O’Boyle and Tomas Sarmiento * Net profit of 3.39 bln pesos below estimates * EBITDA and revenues also miss, taxes higher * Sheds …

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  • UPDATE 2-Mexico's Telmex profit slumps 32 pct on tax hit

    by rcrwirelessadmin February 7, 2011
    by rcrwirelessadmin February 7, 2011

    Reuters | February 3, 2011 | Michael O’Boyle and Tomas Sarmiento * Net profit of 3.39 bln pesos below estimates * EBITDA and revenues also miss, taxes higher * Sheds …

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  • Telcordia expands in Brazil with new development centre in Rio de Janeiro

    by Sandra Cuya February 2, 2011
    by Sandra Cuya February 2, 2011

    Telcordia | February 1, 2011 | Press Release Telcordia increases its expert business and development support for the communications sector in CALA PISCATAWAY, N.J /PRNewswire/ — Telcordia, a global leader …

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  • UPDATE 1-Mexico’s America Movil offers to swap Telmex debt

    by Sandra Cuya January 31, 2011
    by Sandra Cuya January 31, 2011

    * America Movil offers extends to 1.3 bln of Telmex notes * Investors have until March 3 to swap debt (Recasts, adds amount of debt swap and deadline) Jan 31 …

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