UPDATE 2-Mexico's Telmex profit rises, but loses clients

(Reuters) - MEXICO CITY, July 19 - Telmex, Mexico's largest
fixed-line phone company, posted a better-than-expected 16.4
percent jump in second-quarter net profit despite soft revenue
growth and a decline in the number of lines in use.




Telmex , controlled by billionaire
tycoon Carlos Slim, said on Thursday its April-June net profit
was 8.044 billion pesos , helped by a lower tax
rate.


Read more at Reuters.com Market News