Nuevo Grupo Iusacell (CEL) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Nuevo Grupo Iusacell (CEL)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rob Preuss who started this subject	5/23/2001 9:00:17 AM
From: Dennis Roth	of 206

Mexico's Pegaso, Unefon Both Attractive Acquisition Targets For Telefonica/ Analysts [Comtex] e-topics.com Infolatina via NewsEdge Corporation : MEXICO CITY, May 22, 2001 (Reforma/Infolatina via COMTEX) -- The fact that Telefonica Moviles now is in talks to acquire a stake in Mexican mobile carrier Pegaso does not imply that the Spanish-owned company has halted acquisition talks with Unefon, another Mexican mobile operator, according to analysts at Santander Investment. Santander analysts said recently initiated Telefonica-Pegaso talks constituted a broadening of the options under consideration at Telefonica Moviles, which earlier this year acquired four mobile carriers in based in northern Mexico - Cedetel, Norcel, Bajacelular and Movitel - from U.S.-based Motorola for 1.8 billion dollars, Mexico City daily Reforma reported. "Either Pegaso or Unefon could provide Telefonica Moviles with the nationwide presence it needs and the technological infrastructure to compete with (America Moviles subsidiary) Telcel, which leads the Mexican market with a market share of 73 percent," said a report released by Santander Investment. Copyright 2001 Infolatina, all rights reserved.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next