teleco.com.br

11/01/2011

América Móvil / Telmex

This page: Telmex quarter results, biggest fixed telephony operator of Mexico.

Telmex is the main fixed telephony operator of Mexico. It's controlled by the family of Carlos Slim which has most of the shares with vote rights. AT&T has 21.0% of the the vote capital of América Móvil.

www.telmex.com

In Dec/07 Telmex was divided into 2 companies:

Telmex, fixed telephony operator of Mexico
Telmex Internacional joint international operations of Telmex and yellow pages.

Telmex Results Mexico

Quarter Results

Operational Performance

Thousands	1Q10	2Q10	3Q10	4Q10	1Q11	2Q11	3Q11	∆Qter	∆Year
Accesses in service	15.811	15.744	15.622	15.591	15,562	15,254	15,127	(0.8%)	(3.2%)
ADSL*	6.771	6.954	7.174	7.359	7,568	7,680	7,892	2.8%	10.0%
National Long Dist.	4.482	4.708	4.656	4.446	4,334	4,357	4,366	0.2%	(6.2%)
International Long Dist.	2.206	2.147	2.150	2.384	2,492	2,665	3,044	14.2%	41.6%

*Thousands, Long distance in millions of minutes

Financial Economic Performance

Millions US$	1Q10	2Q10	3Q10	4Q10	1Q11	2Q11	3Q11	∆Qter	∆Year
Local Revenue	817	820	800	810	821	826	789	(4.4%)	(1.3%)
National Long Distance	243	247	240	242	255	257	244	(5.2%)	1.7%
International Long Dist.	112	111	114	110	116	125	128	2.9%	13.2%
Interconnection	293	304	299	293	263	263	245	(7.0%)	(18.2%)
Data*	626	659	658	661	722	743	725	(2.4%)	10.2%
Others	140	125	123	147	140	140	133	(5.0%)	8.7%
Total Net Revenue	2,858	2,925	2,891	2,263	2,317	2,354	2,265	(3.8%)	(21.7%)
EBITDA	944	898	897	897	954	944	918	(2.8%)	2.3%
EBITDA Margin	33.0%	30.7%	31.0%	39.7%	41.2%	40.1%	40.5%	-	-

* In 1Q10, Telmex started to release consolidated values about internet and corporative networks.

Millions Mex $	1Q10	2Q10	3Q10	4Q10	1Q11	2Q11	3Q11	∆Qter	∆Year
Local Revenue	10,462	10,290	10,243	10,012	9,757	9,687	9,676	(0.1%)	(5.5%)
National Long Distance	3,104	3,099	3,073	2,988	3,037	3,018	2,990	(0.9%)	(2.7%)
International Long Dist.	1,439	1,394	1,454	1,359	1,378	1,464	1,575	7.6%	8.3%
Interconnection	3,754	3,815	3,831	3,622	3,124	3,085	2,999	(2.8%)	(21.7%)
Data	8,019	8,267	8,429	8,164	8,582	8,714	8,888	2.0%	5.4%
Others	1,789	1,571	1,572	1,813	1,669	1,646	1,635	(0.7%)	4.0%
Total Net Revenue	28,567	28,436	37,031	27,958	27,547	27,614	27,763	0.5%	(25.0%)
EBITDA	12,086	11,274	11,494	11,087	11,346	11,074	11,254	1.6%	(2.1%)
EBITDA Margin	33.0%	30.7%	31.0%	39.7%	41.2%	40.1%	40.5%	-	-

* In 1Q10, Telmex started to release consolidated values about internet and corporative networks.

Annual Results

Operational Performance

-	2006	2007	2008	2009	2010	∆Year
Accesses in service	18,251	17,800	17,589	15,882	15,591	(1.8%)
ADSL*	1,823	2,925	5,010	6,524	7,359	12.8%
Long National Distance	4,561	4,574	4,920	4,810	4,446	(7.6%)
Long International Distance	2,349	2,228	2,192	2,067	2,384	15.3%

*Thousands, Long distance in millions of minutes

Financial Economic Performance

Million US$	2006	2007	2008	2009	2010	∆Year
Revenue	11,749	11,978	9,388	9,106	9,190	0.9%
EBITDA	6,029	5,708	4,363	4,000	3,718	(7.0%)
EBITDA margin	51.3%	47.6%	46.5%	43.9%	40.5%	-

Millions Mex $	2006	2007	2008	2009	2010
Revenue	128,267	130,768	124,105	119,100	113,563
EBITDA	65,818	62,309	57,676	52,315	45,940
EBITDA margin	51.3%	47.6%	46.5%	43.9%	40.5%

Note: Calculated Values by Telmex according with Mexican countable norms. The values presented weren't updated in Mex $ constants to the last trimester according to the results presentations in México. They correspond to the historical values of each trimester (quarter).