Telmex, or Teléfonos de México, S.A.B. de C.V., is a privately owned telecommunications company founded in 1947 and headquartered in Mexico City. As of 2024, it employs approximately 11,960 people and generates over $1 billion in annual revenue. Telmex is a subsidiary of América Móvil and provides various telecommunications services.
On March 25, 2025, the World Wildlife Fund-Telmex Telcel Foundation Alliance (WWF) and the National Commission of Protected Natural Areas in Mexico (CONANP) released a survey showing the eastern monarch butterfly population nearly doubled in 2025. The survey indicated that the population occupied 1.79 hectares in Mexico’s oyamel fir forests during the past winter. Separately, America Movil reported that its external auditor, Mancera/EY, identified material deficiencies in the internal control of its financial reporting for 2023. The irregularities concerned certain controls at Telmex and other subsidiaries related to the fixed-line service business. Finally, FirstWave Cloud Technology announced an extension and increase to its technology support agreement with Telmex, encompassing multiple modules within FirstWave's Network Management Information Systems (NMIS) platform. The revised agreement represents a nearly 10 percent increase in total value, although specific details remain confidential.
Telmex offers 5 products in the media and telecoms services industry. Telmex's product portfolio comprises of media and TV services, consumer electronics and telecoms services.
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Telmex's revenues were over $1B in 2024. Caretta Research has split Telmex's revenue into 5 different product categories, the largest of which is enterprise broadband and voice. For full access to Telmex's revenue breakdown subscribe to Caretta Portal.
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