Telmex, also known as Teléfonos de México, S.A.B. de C.V., is a privately owned company headquartered in Mexico. A subsidiary of America Movil, it was founded in 1947 and employs approximately 11,960 individuals, reporting $5.9 billion in revenue as of 2024. The company functions as a telecommunications provider.
On April 20, 2026, Telmex workers denounced the terms of a new 30-year concession granted to the company by the Mexican government, asserting these terms violate their labor rights. Earlier, on February 19, Telmex announced plans to implement fiber optic upgrades and establish four new free internet access points in Isla Mujeres, Quintana Roo, in an effort to bridge the digital divide. This development followed a February 3 confirmation from Carlos Slim Helú that the Mexican government had expanded Teléfonos de México's concession, securing the company's operational rights for an additional 30 years.
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.
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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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