Analysts expect Telmex Internacional to report strong Q4

When Carlos Slim's Telmex Internacional (Telint) announces its Q4 09 results on Thursday, a group of analysts polled by Reuters think the provider will report a 48 percent year-over-year increase in net profit of $142 million.

Analysts also expect the service provider to report quarterly earnings before interest, taxes, depreciation and amortization (EBITDA) to be up 47 percent. A key contributor to that figure is ongoing growth in its Brazilian market.

"We believe that in the fourth quarter and coming quarters, Telmex Internacional will report the most solid results in the Latam telecom industry," BBVA analyst Andres Coello said in a report.

But Slim is not resting on his laurels. After years of enjoying a comfortable lead in Mexico and other Latin American countries, Slim hatched a $21 billion plan last month to combine his wireline units (Telmex and Telmex Internacional) with his America Movil property to respond to growing competition from aggressive carriers including Spain's Telefonica.

For more:
- Reuters has this article

Related articles
Mexico's Carlos Slim wants to create a wireline/wireless powerhouse
Mexican cable operators protest Slim's merger plans
Telmex faces anti-trust allegations
Mexico puts fiber sale on hold
Latin America holds IPTV promise

Suggested Articles

On Wednesday, Cisco announced two critical security warnings in regard to issues with its SD-WAN software and DNA Center software.

Building on the work they've done across SD-WAN, Orange Business Services is teaming up with Cisco on software-defined LAN for enterprises.

AT&T is driving forward on its multi-access edge compute (MEC) ambitions by working with HPE to deliver services to businesses.