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Carlos Slim assures that Telmex is no longer a business, but rules out selling it: ‘It has to be Mexican’

Carlos Slim, Mexican businessman, owner of Grupo Carso, said Telmex “it is no longer business”, but ruled out the possibility of selling it in its entirety; “You can sell a chub, but it has to be Mexican,” she said at a press conference this Monday, February 12.

He added that the company, which is the main telecommunications operator in the country, In four six-year terms, governments have rejected the possibility of offering pay televisionwhich would be added to the internet and mobile and landline telephone service.

“Telmex is no longer a business… because of labor liabilities and because They have excluded us from providing convergence to our clients in the last 20 years. We cannot give our clients pay TV because they have not given us permits in the last four governments and this prevents competition, affecting the consumer and this is a failure of the governments and the IFT,” said the Mexican businessman.

He explained that although Telmex is a business with labor liabilities exceeding 270 billion pesoshas asked his children not to sell the company.

I already told my children that they can’t sell it., It’s not a business anymore, but we’re not going to sell it.“warned the also president of the Carlos Slim Foundation, emphasizing the fact that it must be a Mexican company and that they cannot be separated in their entirety.

In 2040 Telmex’s finances will be relieved, says Carlos Slim

Carlos Slim Helú assured that Telmex will have healthy finances until 2040because It is expected that the liability will be completed by that year. which means paying the more than 40 thousand retirees that the telecommunications company has and who receive pensions up to 160 percent higher than their last salary.

Telmex It has been in the red for 10 years. We do not charge dividendthe pension fund has to be fed and we have prospects that until 2040 finances will be alleviated,” he added. Carlos Slim.

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