UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 23)*
Teléfonos de México, S.A. de C.V. (the Issuer)
(Name of Issuer)
American Depositary Shares (L Share ADSs), each representing 20 Series L Shares (L Shares)
American Depositary Shares (A Share ADSs), each representing 20 Series A Shares (A Shares)
(Title of Class of Securities)
879403780 for L Share ADSs1
879403400 for A Share ADSs2
(CUSIP Number)
Rafael Robles Miaja
Galicia y Robles, S.C.
Boulevard Manuel Avila Camacho 24
Torre del Bosque
Piso 7
Colonia: Lomas de Chapultepec
México, D.F. 11000, México
(5255) 5540-9225
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
February 21, 2006
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box o.
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
(Continued on the following pages)
(Page 1 of 20)
_________________________
1 CUSIP number is for the L Share ADSs only. No CUSIP number exists for the underlying L Shares, since such shares are not traded in the United States.
2 CUSIP number is for the A Share ADSs only. No CUSIP number exists for the underlying A Shares, since such shares are not traded in the United States.
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CUSIP No. 879403780 L Share ADSs |
13D |
Page 2 of 20 |
1 |
NAMES OF REPORTING PERSONS Carlos Slim Helú | ||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o (b) o | ||
3 |
SEC USE ONLY | ||
4 |
SOURCE OF FUNDS* AF (See Item 3) | ||
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) o | ||
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION México | ||
NUMBER OF SHARES |
7 |
SOLE VOTING POWER 80,000 A Shares and 200,000 L Shares (See Item 5) | |
BENEFICIALLY OWNED BY |
8 |
SHARED VOTING POWER 91,994,660 A Shares and 7,757,224,060 L Shares (See Item 5) | |
EACH REPORTING PERSON |
9 |
SOLE DISPOSITIVE POWER 80,000 A Shares and 200,000 L Shares (See Item 5) | |
WITH |
10 |
SHARED DISPOSITIVE POWER 91,994,660 A Shares and 7,757,224,060 L Shares (See Item 5) | |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 92,074,660 A Shares and 7,757,424,060 L Shares (See Item 5) | ||
12 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* x | ||
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 19.4% of A Shares and 45.9% of L Shares (See Item 5) | ||
14 |
TYPE OF REPORTING PERSON* IN | ||
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 879403780 L Share ADSs |
13D |
Page 3 of 20 |
1 |
NAMES OF REPORTING PERSONS Carlos Slim Domit | ||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o (b) o | ||
3 |
SEC USE ONLY | ||
4 |
SOURCE OF FUNDS* AF (See Item 3) | ||
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) o | ||
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION México | ||
NUMBER OF SHARES |
7 |
SOLE VOTING POWER 16,264 L Shares (See Item 5) | |
BENEFICIALLY OWNED BY |
8 |
SHARED VOTING POWER 91,994,660 A Shares and 7,757,224,060 L Shares (See Item 5) | |
EACH REPORTING PERSON |
9 |
SOLE DISPOSITIVE POWER 16,264 L Shares (See Item 5) | |
WITH |
10 |
SHARED DISPOSITIVE POWER 91,994,660 A Shares and 7,757,224,060 L Shares (See Item 5) | |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 91,994,660 A Shares and 7,757,240,324 L Shares (See Item 5) | ||
12 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* x | ||
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 19.4% of A Shares and 45.9% of L Shares (See Item 5) | ||
14 |
TYPE OF REPORTING PERSON* IN | ||
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 879403780 L Share ADSs |
13D |
Page 4 of 20 |
1 |
NAMES OF REPORTING PERSONS Marco Antonio Slim Domit | ||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o (b) o | ||
3 |
SEC USE ONLY | ||
4 |
SOURCE OF FUNDS* AF (See Item 3) | ||
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) o | ||
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION México | ||
NUMBER OF SHARES |
7 |
SOLE VOTING POWER 16,264 L Shares (See Item 5) | |
BENEFICIALLY OWNED BY |
8 |
SHARED VOTING POWER 91,994,660 A Shares and 7,757,224,060 L Shares (See Item 5) | |
EACH REPORTING PERSON |
9 |
SOLE DISPOSITIVE POWER 16,264 L Shares (See Item 5) | |
WITH |
10 |
SHARED DISPOSITIVE POWER 91,994,660 A Shares and 7,757,224,060 L Shares (See Item 5) | |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 91,994,660 A Shares and 7,757,240,324 L Shares (See Item 5) | ||
12 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* x | ||
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 19.4% of A Shares and 45.9% of L Shares (See Item 5) | ||
14 |
TYPE OF REPORTING PERSON* IN | ||
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 879403780 L Share ADSs |
13D |
Page 5 of 20 |
1 |
NAMES OF REPORTING PERSONS Patrick Slim Domit | ||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o (b) o | ||
3 |
SEC USE ONLY | ||
4 |
SOURCE OF FUNDS* AF and PF (See Item 3) | ||
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) o | ||
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION México | ||
NUMBER OF SHARES |
7 |
SOLE VOTING POWER 1,048,538 L Shares (See Item 5) | |
BENEFICIALLY OWNED BY |
8 |
SHARED VOTING POWER 91,994,660 A Shares and 7,757,224,060 L Shares (See Item 5) | |
EACH REPORTING PERSON |
9 |
SOLE DISPOSITIVE POWER 1,048,538 L Shares (See Item 5) | |
WITH |
10 |
SHARED DISPOSITIVE POWER 91,994,660 A Shares and 7,757,224,060 L Shares (See Item 5) | |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 91,994,660 A Shares and 7,758,272,598 L Shares (See Item 5) | ||
12 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* x | ||
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 19.4% of A Shares and 45.9% of L Shares (See Item 5) | ||
14 |
TYPE OF REPORTING PERSON* IN | ||
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 879403780 L Share ADSs |
13D |
Page 6 of 20 |
1 |
NAMES OF REPORTING PERSONS María Soumaya Slim Domit | ||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o (b) o | ||
3 |
SEC USE ONLY | ||
4 |
SOURCE OF FUNDS* AF (See Item 3) | ||
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) o | ||
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION México | ||
NUMBER OF SHARES |
7 |
SOLE VOTING POWER 16,268 L Shares (See Item 5) | |
BENEFICIALLY OWNED BY |
8 |
SHARED VOTING POWER 91,994,660 A Shares and 7,757,224,060 L Shares (See Item 5) | |
EACH REPORTING PERSON |
9 |
SOLE DISPOSITIVE POWER 16,268 L Shares (See Item 5) | |
WITH |
10 |
SHARED DISPOSITIVE POWER 91,994,660 A Shares and 7,757,224,060 L Shares (See Item 5) | |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 91,994,660 A Shares and 7,757,240,328 L Shares (See Item 5) | ||
12 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* x | ||
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 19.4% of A Shares and 45.9% of L Shares (See Item 5) | ||
14 |
TYPE OF REPORTING PERSON* IN | ||
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 879403780 L Share ADSs |
13D |
Page 7 of 20 |
1 |
NAMES OF REPORTING PERSONS Vanessa Paola Slim Domit | ||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o (b) o | ||
3 |
SEC USE ONLY | ||
4 |
SOURCE OF FUNDS* AF (See Item 3) | ||
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) o | ||
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION México | ||
NUMBER OF SHARES |
7 |
SOLE VOTING POWER 816,268 L Shares (See Item 5) | |
BENEFICIALLY OWNED BY |
8 |
SHARED VOTING POWER 91,994,660 A Shares and 7,757,224,060 L Shares (See Item 5) | |
EACH REPORTING PERSON |
9 |
SOLE DISPOSITIVE POWER 816,268 L Shares (See Item 5) | |
WITH |
10 |
SHARED DISPOSITIVE POWER 91,994,660 A Shares and 7,757,224,060 L Shares (See Item 5) | |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 91,994,660 A Shares and 7,758,040,328 L Shares (See Item 5) | ||
12 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* x | ||
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 19.4% of A Shares and 45.9% of L Shares (See Item 5) | ||
14 |
TYPE OF REPORTING PERSON* IN | ||
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 879403780 L Share ADSs |
13D |
Page 8 of 20 |
1 |
NAMES OF REPORTING PERSONS Johanna Monique Slim Domit | ||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o (b) o | ||
3 |
SEC USE ONLY | ||
4 |
SOURCE OF FUNDS* AF and PF (See Item 3) | ||
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) o | ||
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION México | ||
NUMBER OF SHARES |
7 |
SOLE VOTING POWER 1,375,522 L Shares (See Item 5) | |
BENEFICIALLY OWNED BY |
8 |
SHARED VOTING POWER 91,994,660 A Shares and 7,757,224,060 L Shares (See Item 5) | |
EACH REPORTING PERSON |
9 |
SOLE DISPOSITIVE POWER 1,375,522 L Shares (See Item 5) | |
WITH |
10 |
SHARED DISPOSITIVE POWER 91,994,660 A Shares and 7,757,224,060 L Shares (See Item 5) | |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 91,994,660 A Shares and 7,758,599,582 L Shares (See Item 5) | ||
12 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* x | ||
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 19.4% of A Shares and 45.9% of L Shares (See Item 5) | ||
14 |
TYPE OF REPORTING PERSON* IN | ||
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 879403780 L Share ADSs |
13D |
Page 9 of 20 |
1 |
NAMES OF REPORTING PERSONS Carso Global Telecom, S.A. de C.V. | ||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o (b) o | ||
3 |
SEC USE ONLY | ||
4 |
SOURCE OF FUNDS* AF and WC (See Item 3) | ||
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) o | ||
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION México | ||
NUMBER OF SHARES |
7 |
SOLE VOTING POWER | |
BENEFICIALLY OWNED BY |
8 |
SHARED VOTING POWER 91,994,660 A Shares and 7,727,558,588 L Shares (See Item 5) | |
EACH REPORTING PERSON |
9 |
SOLE DISPOSITIVE POWER | |
WITH |
10 |
SHARED DISPOSITIVE POWER 91,994,660 A Shares and 7,727,558,588 L Shares (See Item 5) | |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 91,994,660 A Shares and 7,727,558,588 L Shares (See Item 5) | ||
12 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* x | ||
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 19.4% of A Shares and 45.7% of L Shares (See Item 5) | ||
14 |
TYPE OF REPORTING PERSON* HC | ||
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 879403780 L Share ADSs |
13D |
Page 10 of 20 |
1 |
NAMES OF REPORTING PERSONS Grupo Financiero Inbursa, S.A. de C.V. | ||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o (b) o | ||
3 |
SEC USE ONLY | ||
4 |
SOURCE OF FUNDS* WC and AF (See Item 3) | ||
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) o | ||
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION México | ||
NUMBER OF SHARES |
7 |
SOLE VOTING POWER | |
BENEFICIALLY OWNED BY |
8 |
SHARED VOTING POWER 29,655,472 L Shares (See Item 5) | |
EACH REPORTING PERSON |
9 |
SOLE DISPOSITIVE POWER | |
WITH |
10 |
SHARED DISPOSITIVE POWER 29,655,472 L Shares (See Item 5) | |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 29,655,472 L Shares (See Item 5) | ||
12 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* o | ||
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.2% of L Shares (See Item 5) | ||
14 |
TYPE OF REPORTING PERSON* HC | ||
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 879403780 L Share ADSs |
13D |
Page 11 of 20 |
1 |
NAMES OF REPORTING PERSONS Trust No. F/0008 (the Telmex Trust) | ||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o (b) o | ||
3 |
SEC USE ONLY | ||
4 |
SOURCE OF FUNDS* WC (See Item 3) | ||
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) o | ||
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION México | ||
NUMBER OF SHARES |
7 |
SOLE VOTING POWER 297,896,640 L Shares (See Item 5) | |
BENEFICIALLY OWNED BY |
8 |
SHARED VOTING POWER
| |
EACH REPORTING PERSON |
9 |
SOLE DISPOSITIVE POWER 297,896,640 L Shares (See Item 5) | |
WITH |
10 |
SHARED DISPOSITIVE POWER
| |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 297,896,640 L Shares (See Item 5) | ||
12 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* o | ||
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.3% of L Shares (See Item 5) | ||
14 |
TYPE OF REPORTING PERSON* EP | ||
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 879403780 L Share ADSs |
13D |
Page 12 of 20 |
1 |
NAMES OF REPORTING PERSONS Trust No. F/0395 (the Telnor Trust) | ||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o (b) o | ||
3 |
SEC USE ONLY | ||
4 |
SOURCE OF FUNDS* WC (See Item 3) | ||
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) o | ||
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION México | ||
NUMBER OF SHARES |
7 |
SOLE VOTING POWER 4,770,000 L Shares (See Item 5) | |
BENEFICIALLY OWNED BY |
8 |
SHARED VOTING POWER
| |
EACH REPORTING PERSON |
9 |
SOLE DISPOSITIVE POWER 4,770,000 L Shares (See Item 5) | |
WITH |
10 |
SHARED DISPOSITIVE POWER
| |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,770,000 L Shares (See Item 5) | ||
12 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* o | ||
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.0% of L Shares (See Item 5) | ||
14 |
TYPE OF REPORTING PERSON* EP | ||
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 879403780 L Share ADSs |
13D |
Page 13 of 20 |
1 |
NAMES OF REPORTING PERSONS Fundación Telmex, A.C. | ||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o (b) o | ||
3 |
SEC USE ONLY | ||
4 |
SOURCE OF FUNDS* WC (See Item 3) | ||
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) o | ||
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION México | ||
NUMBER OF SHARES |
7 |
SOLE VOTING POWER 40,000,000 L Shares (See Item 5) | |
BENEFICIALLY OWNED BY |
8 |
SHARED VOTING POWER
| |
EACH REPORTING PERSON |
9 |
SOLE DISPOSITIVE POWER 40,000,000 L Shares (See Item 5) | |
WITH |
10 |
SHARED DISPOSITIVE POWER
| |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 40,000,000 L Shares (See Item 5) | ||
12 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* o | ||
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.3% of L Shares (See Item 5) | ||
14 |
TYPE OF REPORTING PERSON* PN | ||
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 879403780 L Share ADSs |
13D |
Page 14 of 20 |
1 |
NAMES OF REPORTING PERSONS Asociación Carso, A.C. | ||
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) o (b) o | ||
3 |
SEC USE ONLY | ||
4 |
SOURCE OF FUNDS* WC (See Item 3) | ||
5 |
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) o | ||
6 |
CITIZENSHIP OR PLACE OF ORGANIZATION México | ||
NUMBER OF SHARES |
7 |
SOLE VOTING POWER 10,000,000 L Shares (See Item 5) | |
BENEFICIALLY OWNED BY |
8 |
SHARED VOTING POWER
| |
EACH REPORTING PERSON |
9 |
SOLE DISPOSITIVE POWER 10,000,000 L Shares (See Item 5) | |
WITH |
10 |
SHARED DISPOSITIVE POWER
| |
11 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,000,000 L Shares (See Item 5) | ||
12 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* o | ||
13 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.1% of L Shares (See Item 5) | ||
14 |
TYPE OF REPORTING PERSON* PN | ||
*SEE INSTRUCTIONS BEFORE FILLING OUT!
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CUSIP No. 879403780 L Share ADSs |
13D |
Page 15 of 20 |
Item 1. |
Security and Issuer. |
This Amendment No. 23 (the Twenty-Third Amendment) amends the initial Schedule 13D (the Schedule 13D) filed with the Securities and Exchange Commission (the Commission), as subsequently amended, by the Reporting Persons (as defined in the Schedule 13D), with respect to the L Shares and A Shares of Teléfonos de México, S.A. de C.V. (the Issuer). Capitalized terms used but not otherwise defined in this Twenty-Third Amendment have the meanings ascribed to such terms in the Schedule 13D, as amended.
Item 2. |
Identity and Background. |
As described in Amendment No. 9 to the Schedule 13D filed by the Reporting Persons on March 23, 2004 (the "Ninth Amendment"), each of the Telmex Trust, the Telnor Trust, and Fundación Telmex may be deemed to be controlled by the Issuer, and the Issuer and certain of the Reporting Persons may be deemed to share beneficial ownership of all Shares beneficially owned by any of the Telmex Trust, the Telnor Trust, and Fundación Telmex. The Issuer and such Reporting Persons expressly disclaim such beneficial ownership. As described in the Ninth Amendment, Asociación Carso may be deemed to be controlled by the Slim Family, and the Slim Family may be deemed to share beneficial ownership of all Shares beneficially owned by Asociación Carso. The Slim Family expressly disclaims such beneficial ownership.
The aggregate amount of funds required to purchase the 3,612,000 L Shares purchased by GFI since the date of the last transaction reported in Schedule II of the Twenty-Second Amendment was U.S.$4,684,445. The funds used to purchase these shares were obtained from the working capital of GFI.
Item 3. |
Source and Amount of Funds or Other Consideration. |
The aggregate amount of funds required to purchase the 5,000,000 L Shares purchased by CGT since the date of the last transaction reported in Schedule II of the Schedule 13D filed by the Reporting Persons on January 9, 2006 (the Twenty-Second Amendment) was U.S.$6,439,190. The funds used to purchase these shares were obtained from the working capital of CGT.
The aggregate amount of funds required to purchase the 3,612,000 L Shares purchased by GFI since the date of the last transaction reported in Schedule II of the Twenty-Second Amendment was U.S.$4,684,495. The funds used to purchase these shares were obtained from the working capital of GFI.
Item 5. |
Interest in Securities of the Issuer. |
(a) The Reporting Persons have, as of March 10, 2006, the following interests in the A Shares and L Shares:
|
A Shares(1) |
L Shares(2) | ||
|
Number |
% of Class |
Number |
% of Class |
Carlos Slim Helú(3) |
92,074,660 |
19.4% |
7,757,424,060 |
45.9% |
Carlos Slim Domit(4) |
91,994,660 |
19.4% |
7,757,240,324 |
45.9% |
Marco Antonio Slim Domit(5) |
91,994,660 |
19.4% |
7,757,240,324 |
45.9% |
Patrick Slim Domit(6) |
91,994,660 |
19.4% |
7,758,272,598 |
45.9% |
|
|
CUSIP No. 879403780 L Share ADSs |
13D |
Page 16 of 20 |
María Soumaya Slim Domit(7) |
91,994,660 |
19.4% |
7,757,240,328 |
45.9% |
Vanessa Paola Slim Domit(8) |
91,994,660 |
19.4% |
7,758,040,328 |
45.9% |
Johanna Monique Slim Domit(9) |
91,994,660 |
19.4% |
7,758,599,582 |
45.9% |
CGT(10) |
91,994,660 |
19.4% |
7,727,558,588 |
45.7% |
GFI |
|
|
29,665,472 |
0.2% |
Telmex Trust |
|
|
297,896,640 |
2.3% |
Telnor Trust |
|
|
4,770,000 |
0.0% |
Fundación Telmex |
|
|
40,000,000 |
0.3% |
Asociación Carso |
|
|
10,000,000 |
0.1% |
(1) |
Based upon 473,459,952 A Shares outstanding as of March 10, 2006, as reported by the Mexican Stock Exchange. Includes A Shares held in the form of A Share ADSs. Except as otherwise indicated, all A Shares are held in the form of A Shares. |
(2) |
Based upon 13,007,131,436 L Shares outstanding as of March 10, 2006, as reported by the Mexican Stock Exchange. The total number of L Shares outstanding also includes L Shares held in the form of L Share ADSs. In addition, other than in the case of GFI, the Telmex Trust, the Telnor Trust, Fundación Telmex and Asociación Carso, L Share totals and percentages assume that all of the A Shares held by the Reporting Persons and 3,795,558,588 AA Shares held by CGT, which may be deemed to be beneficially owned by the Slim Family, have been converted into L Shares. In accordance with the restrictions set forth in Item 4 of the Schedule 13D filed by the Reporting Persons on February 20, 2004, the maximum number of AA Shares that could, as of the date hereof, be converted to L Shares is 3,795,558,588. Except as otherwise indicated, all L Shares are held in the form of L Shares. |
(3) |
Includes 80,000 A Shares and 200,000 L Shares (assuming conversion of the 80,000 A Shares) owned directly by Carlos Slim Helú, as well as A Shares and L Shares beneficially owned through GFI and CGT by trusts for the benefit of the Slim Family (the Family Shares). |
(4) |
Includes 16,264 L Shares owned directly by Carlos Slim Domit, as well as the Family Shares. |
(5) |
Includes 16,264 L Shares owned directly by Marco Antonio Slim Domit, as well as the Family Shares. |
(6) |
Includes 1,048,538 L Shares owned directly by Patrick Slim Domit, as well as the Family Shares. |
(7) |
Includes 16,268 L Shares owned directly by María Soumaya Slim Domit, as well as the Family Shares. |
(8) |
Includes 816,268 L Shares owned directly by Vanessa Paola Slim Domit and her spouse, as well as the Family Shares. |
(9) |
Includes 1,375,522 L Shares owned directly by Johanna Monique Slim Domit and her spouse, as well as the Family Shares. |
(10) |
Includes L Shares owned directly by CGT as well as L Shares beneficially owned through its wholly-owned subsidiaries. |
(b) Because the Slim Family may be deemed to control, directly or indirectly, each of CGT, GFI and the Issuer, the Slim Family may be deemed to share the power to vote or dispose of, or to direct the voting or disposition of, any A Shares or L Shares controlled by such persons (including those beneficially owned by the Telmex Trust, the Telnor Trust, Fundación Telmex and Asociación Carso). Except as otherwise disclosed herein, none of the Reporting Persons shares voting or disposition power with respect to any of the A Shares or L Shares owned by the Reporting Persons.
(c) There were no transactions in A Shares and L Shares effected by the Reporting Persons during the past 60 days.
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|
CUSIP No. 879403780 L Share ADSs |
13D |
Page 17 of 20 |
(d) All A Shares and L Shares owned by trusts for the benefit of the Slim Family may be deemed to be beneficially owned by each member of the Slim Family that is a beneficiary of such trusts. Thus, beneficial ownership of A Shares and L Shares may be deemed to be shared by each member of the Slim Family. Because the Slim Family may be deemed to control, directly or indirectly, each of CGT, GFI and the Issuer, the Slim Family may be deemed to have the right to receive or the power to direct the receipt of dividends from, or the proceeds of the sale of, any A Shares or L Shares controlled by such persons (including the Telmex Trust, the Telnor Trust, Fundación Telmex and Asociación Carso). Except as disclosed herein, no person other than the Reporting Persons has or will have any right to receive or the power to direct the receipt of dividends from, or the proceeds of the sale of, A Shares or L Shares owned by the Reporting Persons.
(e) Not applicable.
Item 6. |
Contracts, Arrangements, Understandings or Relationships With Respect to |
|||||
|
Securities of the Issuer. |
| ||||
CGT has entered into Forward Share Purchase Transactions pursuant to which it is obligated to buy L Shares (in the form of L Shares ADSs) from a counterparty on the terms specified below. The L Shares that are the subject of each contract listed below were sold to the counterparty at the inception of such contract, but for the purposes of this Statement are treated as beneficially owned by CGT. During the time that the shares are held by the counterparty, CGT pays interest to the counterparty on an amount equal to the total purchase price.
|
|
Number of |
Purchase Price |
|
JP Morgan Chase Bank, N.A. |
February 20, 2007 |
685,714,320 |
$.744 |
LIBOR + 1.050% |
Dresdner Bank A.G. |
February 4, 2008 |
131,492,440 |
$.7605 |
LIBOR + 0.875% |
Dresdner Bank A.G. |
March 27, 2008 |
135,318,000 |
$.739 |
LIBOR + 0.875% |
Santander Central Hispano Benelux S.A. de N.V. |
February 27, 2009 |
116,993,280 |
$.855 |
LIBOR + 0.650% |
Santander Central Hispano Benelux S.A. de N.V. |
March 18, 2009 |
117,543,360 |
$.851 |
LIBOR + 0.620% |
Dresdner Bank A.G. |
April 19, 2009 |
110,253,600 |
$.907 |
LIBOR + 0.620% |
Santander Central Hispano Benelux S.A. de N.V. |
May 5, 2009 |
115,942,040 |
$.8625 |
LIBOR + 0.620% |
|
|
CUSIP No. 879403780 L Share ADSs |
13D |
Page 18 of 20 |
JP Morgan Chase Bank, N.A. |
August 11, 2010 |
256,986,840 |
$.7785 |
LIBOR + 0.625% |
Wachovia Bank National Association |
September 29, 2009 |
123,647,640 |
$.80875 |
LIBOR + 0.625% |
Santander Central Hispano Benelux S.A. de N.V. |
April 12, 2010 |
115,540,160 |
$.8655 |
LIBOR + 0.580% |
Santander Central Hispano Benelux S.A. de N.V. |
May 10, 2010 |
114,416,480 |
$.874 |
LIBOR + 0.550% |
Santander Central |
March 8, 2011 |
87,108,020 |
$1.148 |
LIBOR + 0.350% |
Other than as disclosed herein and in Item 4 of this Statement, there are no other contracts, arrangements, understandings or relationships (legal or otherwise) among the Reporting Persons and between such persons and any person with respect to A Shares or L Shares.
Item 7. |
Material to be Filed as Exhibits |
*The Powers of Attorney filed as exhibits to the Schedule 13D by the Telmex Trust, the Telnor Trust, Fundación Telmex and Asociación Carso with the Commission on February 20, 2004, by CGT on February 25, 2005, and by the Slim Family and GFI on November 23, 2005 are hereby incorporated by reference. The Joint Filing Agreement filed on November 23, 2005 is hereby incorporated by reference. The Trust Agreement (Original Spanish Version) and Trust Agreement (English Translation) filed as exhibits to the Schedule 13D filed by the Reporting Persons with the Commission on May 15, 2001 are hereby incorporated by reference.
|
|
CUSIP No. 879403780 L Share ADSs |
13D |
Page 19 of 20 |
SIGNATURE
After reasonable inquiry, and to the best of my knowledge and belief, I certify that the information set forth in this Statement is true, complete and correct.
Carlos Slim Helú |
|
____________________________ |
|
Carlos Slim Domit |
By: /s/ Eduardo Valdés Acra |
____________________________ |
Eduardo Valdés Acra |
Marco Antonio Slim Domit |
Attorney-in-Fact |
____________________________ |
March 13, 2006 |
Patrick Slim Domit |
|
____________________________ |
|
María Soumaya Slim Domit |
|
____________________________ |
|
Vanessa Paola Slim Domit |
|
____________________________ |
|
Johanna Monique Slim Domit |
|
____________________________ |
|
CARSO GLOBAL |
|
____________________________ |
|
By: Armando Ibañez Vazquez |
|
Title: Attorney-in-Fact |
|
|
|
GRUPO FINANCIERO |
|
____________________________ |
|
By: Raul Humberto Zepeda Ruiz |
|
Title: Attorney-in-Fact |
|
|
|
|
|
CUSIP No. 879403780 L Share ADSs |
13D |
Page 20 of 20 |
BANCO INBURSA S.A., |
|
____________________________ |
|
By: Raul Humberto Zepeda Ruiz |
|
Title: Attorney-in-Fact |
|
|
|
BANCO INBURSA S.A., |
|
____________________________ |
|
By: Raul Humberto Zepeda Ruiz |
|
Title: Attorney-in-Fact |
|
|
|
FUNDACION TELMEX, A.C. |
|
____________________________ |
|
By: Adolfo Cerezo |
|
Title: Attorney-in-Fact |
|
|
|
ASOCIACION CARSO, A.C. |
|
____________________________ |
|
By: Armando Ibañez Vazquez |
|
Title: Attorney-in-Fact |
|
|
|