Nuevo Grupo Iusacell (CEL) Message Board

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Technology Stocks : Nuevo Grupo Iusacell (CEL)

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To: Rob Preuss who started this subject	3/2/2001 3:49:19 PM
From: Dennis Roth	of 206

Iusacell after client number 2,150,000 [Comtex] e-topics.com Mexico - SABI via NewsEdge Corporation : Mexico, Feb 28, 2001 (El Economista/SABI via COMTEX) -- Mexico's second leading mobile telephony group Iusacell is looking to add 450,000 clients to its 2000 total of 1.7 million to reach 2,150,000. In the last quarter of 2000, Iusacell attained 150,000 new users so its hopes for 2001 are if anything conservative. Iusacell posted operating losses in the last quarter of 2000. Its multinational partner is Vodafone and hopes to re-finance debt totalling US$270mil, on which it is working in tandem with JP Morgan already. Copyright (c) 2001, South American Business Information, All rights reserved.

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