Teléfonos de México, S.A.B. de C.V. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2021
February 18, 2022 at 04:09 pm EST
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Teléfonos de México, S.A.B. de C.V. reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported sales was MXN 30,798.08 million compared to MXN 22,792.5 million a year ago. Net income was MXN 3,531.92 million compared to net loss of MXN 430.08 million a year ago. Basic earnings per share from continuing operations was MXN 0.115 compared to basic loss per share from continuing operations of MXN 0.013 a year ago. Diluted earnings per share from continuing operations was MXN 0.115 compared to diluted loss per share from continuing operations of MXN 0.013 a year ago.
For the full year, sales was MXN 103,635.33 million compared to MXN 90,765.64 million a year ago. Net loss was MXN 1,523.94 million compared to MXN 7,485.58 million a year ago. Basic loss per share from continuing operations was MXN 0.047 compared to MXN 0.242 a year ago. Diluted loss per share from continuing operations was MXN 0.047 compared to MXN 0.242 a year ago.
Telefonos de Mexico SAB de CV is a Mexico-based company. The Company provides fixed, mobile, broadband, and other digital services. The Company offers voice and data services through a variety of plans to its different customer segments, including individuals, companies, and small-medium enterprises (SMEs). These services include mobile telephony, data transmission, broadband, value-added services, and business applications. It owns and operates fixed-line telecommunications systems, corporate networks, internet access services, information network management, interconnection services to other operators, as well as telephone and computer equipment sales.