Comunicados 2010

 

TELMEX CALLS FOR SHAREHOLDERS’ MEETINGS

 

 

México City, March 24, 2010. - Teléfonos de México, S.A.B. de C.V. (TELMEX) (BMV: TELMEX ; NYSE: TMX; NASDAQ: TFONY; LATIBEX: XTMXL) announced that the Board of Directors, at its meeting held today, resolved to call for Series "L" Special and Annual Shareholders' Meetings, to be held on April 29, 2010, in order to dicuss, among other matters, the following proposals: to appoint the members of the Board of Directors pertaining to Series “L” shares; approval, as the case may be, of the Chief Executive Officer and Board of Director’s reports and the financial statements for fiscal year 2009, as well as the presentation of the Audit and Corporate Practices Committees Reports and the Opinion of the Board of Directors on the Chief Executive Officer’s report; the ratification of the activities of the Board of Directors and the Chief Executive Officer; the appointment or ratification, as the case may be, of the members of the Board of Directors; and to declare a cash dividend of $0.50 Mexican pesos per outstanding share in four equal payments of $0.1250 Mexican pesos per outstanding share, resulting from the net tax profit account. Dividend payments are proposed to be made in México on or after June 17, 2010, September 23, 2010, December 16, 2010 and March 24, 2011, respectively.

TELMEX is a corporation made up of Teléfonos de México, S.A.B. de C.V., its subsidiaries and affiliates that provides telecommunications services in Mexico. The company’s service coverage comprises the operation of the nation’s most complete local and long distance networks. Additionally, TELMEX offers services like connectivity, Internet access, co-location, web hosting and interconnection services to other telecommunications operators.