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The Company owns and operates the fixed-line telecommunications system in Mexico, where they are the provider of fixed-line telephony services and fixed local and long distance telephone services.
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DaveMartinez (82.91) Submitted: 1/19/07 4:03 AM : Start Price: $18.06 TMX Score: 37.59
Telmex has a near-monopoly status in Mexico and has hedged themselves against possible Mexican instability through their foreign investments. Even if a crisis were to befall Mexico its near monopoly status would give them lots of leeway to manipulate prices to their advantage (or buy goodwill by keeping them low).Now that Mexico has mostly shaken the post-election headaches, watch for this stock to soar.
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Chuck212 (82.35) Submitted: 6/14/07 10:14 AM
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Telmex is doing very well. I 've had it for years. Quite happy with it.
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