Telmex, also known as Teléfonos de México, S.A.B. de C.V, is a privately owned company headquartered in Mexico and is a subsidiary of America Movil. Founded in 1947, the company employs approximately 11,960 individuals and reported $5.9 billion in revenue as of 2024. Functioning primarily in telecoms, Telmex provides telecommunications services.
Telmex achieved an 86% WiFi authentication rate at the F1 Mexico City Grand Prix on July 27, focusing on gathering first-party fan data from the event's large, mobile audience. Previously, on July 14, claims emerged on the dark web alleging a Telmex Mexico data breach that exposed 214,418 credentials, prompting new cybersecurity concerns regarding sensitive customer information held by telecommunication providers. Earlier, on April 20, Telmex workers publicly denounced the terms of a new 30-year government concession granted to the company, stating that the agreement violated their labor rights. In February, Telmex announced its participation in a fiber optic upgrade for Isla Mujeres, which includes establishing four new free internet access points to enhance digital inclusion.
Telmex offers 5 products in the media and telecoms services industry. Telmex's product portfolio comprises of telecoms, consumer electronics and media and TV 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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