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TELEFONOS DE MEXICO S.A. DE C.V. REPORTS RESULTS

 MEXICO CITY, April 27 /PRNewswire/ -- Telefonos De Mexico, S.A De C.V. (NYSE: TMX) ("TELMEX"), the Mexican telephone company, today released its results for the first quarter of 1993. TELMEX reported consolidated operating revenues of 5,478 million new pesos, consolidated operating income of 2,430 million new pesos and consolidated net income of 2,019 million new pesos. After adjustment for inflation, these figure represent a real increase of 6.3 percent, a real increase of 7.3 percent and a real decline of 4.3 percent, respectively, compared to the first quarter of 1992. The decline in net income reflects exchange losses in the first quarter of 1993, compared with exchange gains in the first quarter of 1992, on indebtedness in currencies other than pesos and U.S. dollars.
 All figures released were prepared in accordance with Mexican generally accepted accounting principles and stated in constant new pesos as of March 31, 1993.
 During the first quarter of 1993, TELMEX added 145,000 access lines, raising the total number of lines in service to approximately 6,899,000, and increase of 11.8 percent over March 1992.
 -0- 4/27/93
 /CONTACT: Teresa Currielche of TELMEX, 535-703-3990/
 (TMX)


CO: Telefonos De Mexico, S.A. De C.V. ST: Mexico IN: TLS SU: ERN

TM -- NY130 -- 1702 04/27/93 19:37 EDT
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Publication:PR Newswire
Date:Apr 27, 1993
Words:225
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