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

 MEXICO CITY, Feb. 1 /PRNewswire/ -- Telefonos De Mexico, S.A. de C.V. (NYSE: TMX) ("Telemex"), the Mexican telephone company, today released its results for 1992. Telemex reported consolidated operating revenues of 20,707,946 thousand new pesos, consolidated operating income of 11,769,157 thousand new pesos, and net consolidated net income of 7,971,550 thousand new pesos. These figures represent real increases, after adjustment for inflation, of 13.7 percent, 12.4 percent and 1.9 percent, respectively, over 1991.
 1991 net income reflected nonrecurring gain from retirements of Telemex's indebtedness. Excluding this item from 1991 net income, real consolidated net income would have been 12.4 percent.
 From January 1, 1993, a monetary unit has been established under the name "new pesos" (N$) and is equivalent to one thousand pesos. All figures released were prepared in accordance with Mexican generally accepted accounting principles and stated in constant new pesos as of Dec. 31, 1992.
 During 1992, Telemex added 731 thousand access lines, raising the total of lines in service to approximately 6,754 thousand, an increase of 12.1 percent over year-end 1991.
 -0- 2/1/93
 /CONTACT: Teresa Currielche of Telemex, 525-222-5534/
 (TMX)


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

TM -- NY111 -- 1608 02/01/93 19:41 EST
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Publication:PR Newswire
Date:Feb 1, 1993
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