14 Facts About Telmex

Telmex is a Mexican telecommunications company headquartered in Mexico City that provides telecommunications products and services in Mexico,.

Telmex is still the dominant fixed-line phone carrier in Mexico.

Telmex owns 90 percent of the telephone lines in Mexico City and 80 percent of the lines in the country.

In 1990, Telmex was bought by a group of investors formed principally by Carlos Slim Helu, France Telecom, and Southwestern Bell Corporation, whose tender was the largest.

Although, Telmex is a private company, it stills remains as a quasi-monopoly.

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In 2000, Telmex spun off their mobile unit, creating America Movil, which controls Radio Movil Dipsa and was free to develop its own business as an independent entity.

In 1996, Telmex bought Prodigy Communications and took the brand to Mexico, renaming the service Prodigy Internet de Telmex.

In 2001, Telmex sold the U S branch of Prodigy Communications to SBC, which was dubbed SBC Prodigy.

Telmex dropped the Prodigy name from its advertising in 2009, replacing it with the "Infinitum" brand of Telmex internet services since that year.

Later, Telmex bought former state-owned phone companies in Central America, and began operations in the US with Telmex USA.

In December 2006, Telmex announced agreement to acquire TV Cable and Cable Pacifico in Colombia.

In January 2007, Telmex launched Prodigy Media, the first step to offer triple play services to the Mexican market.

In March 2007, Telmex bought Ecutel, a small telecommunications company in Ecuador that offers services to the corporate market.

In December 2007, Telmex transferred its Latin American and yellow pages directory businesses to a new, separate entity, Telmex Internacional.