International Business News - Telmex http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Latin American telephone carrier Telmex International SAB says it will sharply reduce investment costs in the fourth quarter and pursue a conservative financial strategy amid the current global economic turmoil. http://www.ibtimes.com/articles/20081024/telmex-intl-says-4q-investment-costs-to-fall.htm Fri, 24 Oct 2008 13:18:35 EDT Mexican fixed-line phone company Telefonos de Mexico SA says its second-quarter profits fell 13 percent as it faced stronger competition. The company, owned by Mexican billionaire Carlos Slim, reported Tuesday that second-quarter net profits fell to 6.2 billion pesos (US$612 million) from 7.1 billion pesos (US$701 million) in the same period last year. http://www.ibtimes.com/articles/20080722/mexicos-telmex-2q-profits-down-12-pct.htm Tue, 22 Jul 2008 21:01:08 EDT