Telmex, also known as Teléfonos de México, S.A.B. de C.V, is a privately owned company headquartered in Mexico and a subsidiary of America Movil. Founded in 1947, the company has approximately 11,960 employees and reported $5.9B in revenue as of 2024. Functioning as a telecommunications company, Telmex specializes in providing telecom services.
On April 20, 2026, Telmex workers denounced the terms of the new 30-year concession granted to the company by the Mexican government, claiming violations of their labor rights. Earlier, on February 19, Telmex announced an upcoming fiber optic upgrade in Isla Mujeres, Quintana Roo, to establish four new free internet access points as part of an initiative to bridge the digital divide. This followed the February 3 confirmation that Carlos Slim Helú secured an expansion of the concession for Teléfonos de México (Telmex) for another 30 years, initiating a new operational stage for the company.
Telmex offers 5 products in the media and telecoms services industry. Telmex's product portfolio comprises of media and TV services, telecoms and consumer electronics.
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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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