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Technology Stocks : Nuevo Grupo Iusacell (CEL)

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To: Dennis Roth who wrote (92)	3/16/2001 11:40:07 AM
From: Dennis Roth	Read Replies (1) of 206

Iusacell goes automatic [Comtex] e-topics.com Mexico - SABI via NewsEdge Corporation : Mexico, Mar 13, 2001 (El Economista/SABI via COMTEX) -- Iusacell of Mexico, the country's second leading mobile telephony operation, is now under new management and will aim to increase clientele via the use of a system similar to that used already by its rivals - the Kabira technologies development allows service to be activated within 15 minutes on average and thus saves a firm 1,500 hours of work. It can also simplfy tariff plans. In 2000, Iusacell registered 1.7 million clients and, for 2001, it hopes to add another 450,000 at least (since in the last quarter of 2000 alone it attracted 150,000). In January 2001, the Peralta family agreed the sale of its 34% of Iusacell shares to Vodafone of Britain for over US$930mil.

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