Updated 04-May-2020.
Mondo shtuff from around the internet, all about TELMEX!
My botty best at summarizing from Wikipedia: Telmex is a Mexican telecommunications company headquartered in Mexico City . it is still the dominant fixed-line phone carrier in the country . the company owns 90 percent of the telephone lines in Mexico city . in 1950, investors bought the Mexican branch of the ITT Corporation . in 1972, the Mexican government bought the company, turning it into a government monopoly . after privatization, Telmex began investing in new modern infrastructure in 1991, the Mexican government sold its remaining stock in Telmex . there are other telephone companies in Mexico, but they have failed to be fierce competitors . Maxcom filed for bankruptcy on august 19, 2019 in the Southern district of new the case is registered at #19-23491 . the early market leader was Iusacell, and Telmex had no presence in the market . in 1995 everything changed, when the Mexican currency crisis hit many Mexicans hard Telcel began to offer the first prepaid mobile phone plans . the success of its prepaid plans ultimately provided Telcel the growth needed to become the leader in the mobile market within two years . in 2000, Telmex spun off in 2011, America Móvil purchased the remaining 40% of Telmex . in 1996, the service took the brand to Mexico, renaming it Prodigy Internet de Telmx . thanks to their national coverage, Telm Telmex holds more than 80% of the market as an ISP . it is also the leader in broadband access with its brand Prodigy Infinitum (ADSL) in 2004, Telmex went into a shopping spree for undervalued operators in south america . it bought AT&T’s Latin American operations and increased reach in the united states . in 2004, it bought 13.4% of in 2005, Telmex sold its holdings in MCI to Verizon . in 2006, there were rumors that it was buying Verizon operations in the Caribbean . the total amount of this sale was estimated at nearly US$300 million Telmex announced agreement to acquire TV Cable and Cable Pacifico in Colombia . TV Cable offers cable television, Internet and Voice over IP services . cable Pacifico serves nine states and its main operation is in Medelln . in January 2007, America Movil bought Verizon operations in Puerto Rico . in April 2007, Telmex announced agreement to acquire CABLECENTRO and SATELCARIBE in Colombia . Currently, the company operates in more than 50 cities in Colombia . Telmex transferred its Latin American and yellow pages directory businesses to a new, separate entity . acquisition was approved by the CFC (Comisión Federal de Competencia) Antitrust Office in Mexico on February 11, 2010. América Móvil was once the mobile arm of Telmex, but in 2001, Améri