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PREVIEW-Telmex revenue seen hurt by competition (at Reuters)

Jul 21, 2008
Story Timeline:  83 days

What: Telmex 2nd-quarter earnings survey * When: Scheduled to report July 22 * Revenue seen down 2.6 percent MEXICO CITY, July 21 (Reuters) - Mexico's leading fixed phone line operator, Telmex, is expected to post declines in second-quarter revenue and operating profit, hit by stiffer competition. Six analysts surveyed by Reuters forecast, on average, that Telmex's April-June revenue will dip 2.6 percent to 31.478 billion pesos ($3.05 billion) from 32.325 billion pesos a year earlier. Core earnings before interest, taxes, depreciation and amortization are expected to fall 3.6 percent to 14.958 billion pesos. Telmex is scheduled to report second-quarter results on Tuesday. It has spun off its international operations, Telmex Internacional, which will report separately on Wednesday. Following are the average estimates for... [read full story]                    

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Latest article on this story:

Mexico's Telmex net profit falls 13 pct, revs down (at Reuters)

yahoo.com Jul 23, 2008
First article on this story:

Mexico's Telmex reports 2Q profits down 13 percent against stronger competition

tmcnet.com Jul 22, 2008
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North America, Mexico, Mexico City