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

To: Rob Preuss who wrote (157)	10/23/2002 8:22:09 PM
From: Rob Preuss	Respond to of 206

Summaries by Reuters and Dow Jones... ================================================ Reuters Mexico's Iusacell Q3 net loss widens Wednesday October 23, 4:51 pm ET MEXICO CITY, Oct 23 (Reuters) - Mexico's No. 2 mobile telephone company Iusacell (Mexico:CELV.MX - News; NYSE:CEL - News) reported the following results for the third quarter 2002 on Wednesday. Figures in Mexican pesos. July-Sept July-Sept 2002 2001 Revenues 1.308 bln 1.747 bln EBITDA* 477 mln 801 mln Oper loss 95 mln profit 127 mln Net loss 501 mln loss 412 mln ================================================ Dow Jones Business News Mexico's Iusacell 3rd Quarter Net Loss Widens To MXN501 Million Wednesday October 23, 4:56 pm ET Iusacell added 268,978 gross cellular subscribers in the third quarter ended Sept. 30. (A headline at 4:42 p.m. EDT (2042 GMT) misstated the figure.) Grupo Iusacell SA - Mexico City 3rd Quar Sept. 30: All figures are in pesos ($1=MXN9.94). 2002 2001 Sales MXN1.31 bln MXN1.75 bln Operating Profit (95 mln) 127 mln Net Profit (501 mln) (412 mln) Nine Months Ended Sept. 30: 2002 2001 Sales MXN4.01 bln MXN4.96 bln Operating Profit (392 mln) 91 mln Net Profit (1.53 bln) (441 mln) 9/30/02 9/28/01 Peso Vs Dlr 10.2050 9.5150 Parentheses denote losses. Some figures are rounded. Grupo Iusacell SA is a Mexican wireless-communications operator that serves less than 10% of the market. Iusacell added 268,978 gross cellular subscribers in the latest quarter, ending the period with 2.18 million clients. The company said its total cellular subscriber base rose 28% for the quarter, compared with a year ago.