Telmex Internacional Second Quarter 2008

In the second quarter Telmex Internacional (Mexico:TELINTL; NYSE:TII) consolidated revenues totaled 18.544 billion pesos, an increase of 11.0% compared with the same period of 2007. This result reflected increases of 34.1% in local service revenues, 15.1% in revenues from the Internet access business, 4.7% in domestic long distance revenues, and 208.9% in cable TV revenues. International long distance revenues decreased 9.7%.

Brazil (Embratel)

Embratel owns a non-controlling interest in Net, the largest cable television operator in Brazil.

At the end of June 2008, Net Fone (triple play), offered though Net Serviços, served 982 thousand customers. This service continues to present an important growth opportunity, since Net’s network currently passes approximately 9.3 million homes and more than 72.6% of its network is bi-directional.

Net currently serves close to 2.7 million pay TV users and 1.8 million broadband Internet users.

In April, we received authorization from Anatel (Brazil’s Telecommunications Agency) to provide satellite TV services (DTH), that will allow us to complement the reach of Net Serviços network and offer double and triple play services nationwide.

Telmex Colombia

Colombia’s network currently passes 4 million homes and 34.5% of its network is bi-directional, allowing us to offer voice, data and video services.

In the second quarter, revenues totaled 212.0 billion Colombian pesos, 76.8% higher than the same period of 2007. Higher revenues were mainly due to growth in operations with several corporate customers and to additional revenues generated by the cable TV companies.

Telmex Chile

Revenues from the operations in Chile reached 26.2 billion Chilean pesos, 38.6% more than the second quarter of 2007 due to the incorporation of revenues from satellite TV (Telmex TV) services, which totaled 6.9 billion Chilean pesos, and to the increase in the corporate networks and Internet access businesses of 8.9%, while local services revenues increased 21.3%. Long distance revenues decreased 17.2%, reflecting a declining market due to migration to mobile services and traffic through the Internet.

Telmex Perú

In the second quarter, costs and expenses increased 26.3%, reflecting increases of 35% in commercial, administrative and general expenses for the integration of the acquired cable TV companies and 26.7% in transport and interconnection costs related to satellite space for corporate customers.

More: Earnings Release