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Technology Stocks : Nuevo Grupo Iusacell (CEL) -- Ignore unavailable to you. Want to Upgrade?


To: slacker711 who wrote (48)2/14/2000 12:27:00 AM
From: Rob Preuss  Respond to of 206
 
Stockman provided 2 responses to the question
of CEL Market Cap... here they are:

1st response:

The Market cap on CEL is based on 123 million shares
outstanding..not 58 million as we used on Stocko.com..we
just have not yet corrected that calculation on the
day we made our buy recommendation. We used bloomberg for
the shares outstanding.

Hoovers has the right numbers and financials. Bloomberg is
off on shares outstanding.

quote.bloomberg.com g&ticker=CEL#NEWS

hoovers.com

Stockman.

2nd response:

Each CEL Adr represents 10 shares traded on the Mexican Market.

Barrons this week covered the Mexican Telecom market.
Some talked about coverage on GBT in Barrons.

123 x24.374= 2.99 Billion Market Cap for CEL
Still the cheapest/subscriber

Stockman



To: slacker711 who wrote (48)2/14/2000 12:47:00 PM
From: Rob Preuss  Respond to of 206
 
[Morgan starts CEL with "Buy" recommendation. Target: $32/sh.]

Monday February 14, 12:00 pm Eastern Time

RESEARCH ALERT-Nuevo Grupo Iusacell started at buy

NEW YORK, Feb 14 (Reuters) - J.P. Morgan said on Monday that
analyst Jose Linares started research coverage of Nuevo Grupo
Iusacell (NYSE:CEL - news) with a buy rating and a $32 price
target for its American Depositary Receipts.

-- The company is Mexico's second largest cellular operator.
Earlier Iusacell said it will offer its customers satellite
telephone systems from Globalstar Telecommunications Ltd.
(NasdaqNM:GSTRF - news) that use land-based CDMA technology
for communications within the cellular coverage area of
Iusacell.

-- Iusacell's five-year compound annual earnings before
interest, taxes depreciation and amortization (EBITDA) is
expected to grow at 28.5 percent, excluding PCS wireless
technology (Personal Communications Services), which Iusacell
plans to start developing in the third quarter of 2000.

-- Iusacell has been EBITDA positive since it went public.

-- ADRs of the company were up 3/4 at 25 in trade on the New
York Stock Exchange.



To: slacker711 who wrote (48)2/24/2000 4:35:00 PM
From: Rob Preuss  Respond to of 206
 
Thursday February 24 3:28 PM ET

Mexico Cellular Firms to Compensate for Bad Service

By Fiona Ortiz

MEXICO CITY (Reuters) - Mexico's two largest cellphone firms
have agreed to give angry customers free minutes to try to
make up for months of bad service, officials said on Thursday.

The free minutes will go to cellular customers in Mexico
City, where a boom in cellphone subscribers last year taxed
existing networks and led to a plague of dropped calls,
constant busy signals and uncompleted calls.

Telcel, part of telecommunications giant Telmex (NYSE:TMX -
news), and rival Iusacell (NYSE:CEL - news) ``recognized
they were slightly below minimum quality levels established
for cellphone companies ... and agreed to pay users
compensation in April and May,' government regulator Jorge
Nicolin told a news conference.

Nicolin is president of Mexico's Federal Telecommunications
Commission (COFETEL).

Cellphone subscribers in Mexico climbed to 7.625 million
last year, an increase of some 128 percent over 1998, fueled
partly by a new ``calling party pays' system whereby
cellphone owners no longer had to pay for calls they received.

As the number of subscribers soared, the Federal Consumer
Protection Agency received more than 3,300 complaints about
service last year, and in January Cofetel began a call
monitoring program in the capital.

The program found that the service offered by both Telcel
and Iusacell, which is managed and operated by subsidiaries
of U.S. telecommunications company Bell Atlantic Corp
(NYSE:BEL - news), was 'slightly' below standards the
companies had agreed on.

Under those standards, which are set to become tougher this
year, no more than 7 percent of calls should be dropped, no
more than 7 percent of dialed calls should be uncompleted
and the time to connect calls should average 20 seconds or less.

Nicolin declined to disclose the companies' performance
numbers or say which one did better.

Under the compensation plan, users on monthly contract plans
will get 20 percent more minutes added to their usual
contract amount in April and again in May.

Subscribers who buy prepaid minutes for their phones will
automatically receive five free minutes during April and May.

The five-minute allotment represents 20 percent of the
average 25 minutes of calls a month made by prepaid clients.



To: slacker711 who wrote (48)3/23/2000 1:01:00 PM
From: Rob Preuss  Respond to of 206
 
[CEL signs interconnect agreement with Unefon.]

Thursday March 23, 12:25 pm Eastern Time

Company Press Release

SOURCE: Unefon S.A. de C.V

Unefon and Iusacell Sign Interconnection Agreement

MEXICO CITY, March 23 /PRNewswire/ -- Unefon S.A. de C.V.,
Mexico's largest radio spectrum holder, today announced that
it signed an indirect interconnection agreement with Grupo
Iusacell S.A. de C.V (NYSE: CEL, BMV: CEL), a Mexican
wireless cellular service provider in four regions in the
central portion of Mexico (including Mexico City). This
agreement will allow subscribers from both companies to
communicate with each other.

``With this step Unefon ends its first negotiation stage in
terms of interconnection. We have formally established
interconnection conditions with the three biggest telephone
networks in Mexico. These agreements will allow our customers
to be connected to practically the entire universe of
existing telephone lines' said Adrian Steckel, Chief
Executive Officer of Unefon. ``Today, Unefon confirms
its commitment to provide communication services to the
unattended portions of the Mexican market,' he added.

Unefon started its commercial operations in February 1st;
currently offering service in Toluca and Acapulco. By mid
year 2000, Unefon expects to be operational in other
important Mexican cities, including Mexico City; and in as
many as 20 cities by year end.

Unefon, S.A. de C.V. is Mexico's newest national telephone
company. Unefon holds licenses to provide PCS telephony
services throughout Mexico in the 1.9GHz frequency range.
Unefon is a 50-50 joint venture of the Saba family and TV
Azteca (NYSE: TZA, BMV: TVAZTCA), one of two television
broadcast networks in Mexico. Unefon has long term contracts
with TV Azteca for advertising and with Grupo Elektra (NYSE:
EKT, BMV: ELEKTRA), an affiliated company, for distribution
and antenna location.

SOURCE: Unefon S.A. de C.V