Teléfonos de México, S.A.B. de C.V. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 27, 2023 at 05:09 pm EDT
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Teléfonos de México, S.A.B. de C.V. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was MXN 26,292.06 million compared to MXN 24,257.46 million a year ago. Net loss was MXN 4,015.19 million compared to MXN 2,730.8 million a year ago. Basic loss per share from continuing operations was MXN 13.03 compared to MXN 0.088 a year ago. Diluted loss per share from continuing operations was MXN 13.03 compared to MXN 0.088 a year ago.
For the nine months, sales was MXN 75,907.21 million compared to MXN 71,694.71 million a year ago. Net loss was MXN 8,365.47 million compared to MXN 6,731.51 million a year ago. Basic loss per share from continuing operations was MXN 26.869 compared to MXN 0.217 a year ago. Diluted loss per share from continuing operations was MXN 26.869 compared to MXN 0.217 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.