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To: Jon Koplik who wrote (17404)	10/29/1998 4:45:00 PM
From: gdichaz	Respond to of 152472

To Jon: Clearly we have no idea how many words Maurice and you have typed into the computer. All we see is what comes out and is posted after running the SI gauntlet. :-) But given the crispness and brevity of your posts, Maurice would seem to win that one hands down. Chaz

To: Jon Koplik who wrote (17404)	10/29/1998 4:52:00 PM
From: bananawind	Read Replies (1) \| Respond to of 152472

Contrary to Tim Luke's fear of a slowdown in emerging market infrastructure, see Iusacell's 3Q report: ba.com A few excerpts below... In spite of recent world market effects on Mexico's economy, Iusacell continues to meet our expectations, particularly in net customer growth," said Tom Bartlett, CEO of Iusacell and President and CEO of Bell Atlantic International Wireless. "We believe that Iusacell is well positioned to address the global financial crisis that is affecting economies in Latin America. Although we do not know to what extent Mexican consumer spending will be affected, the Company still expects to exceed its subscriber forecast for year end. While there is an expected reduction in the rate of growth of GDP in Mexico next year, we believe Iusacell's customer growth should continue at an aggressive level." Mr. Bartlett added, "Mexico is one of the stronger emerging market countries and has one of the lowest teledensities in the western world. With that comes tremendous opportunities. Over the next five years, we believe wireless telephony will be the predominant way in which Mexico will increase its teledensity and meet unsatisfied demand. We welcome the new competitors as they will help develop untapped markets, further open the telecommunications industry and support the expansion of the wireless market." "Iusacell is continuing with its aggressive schedule to overlay CDMA digital technology in its network and the Company expects to have full optimization and deployment in all major cities of its four operating regions before the end of the year. In only four months since launch, the Company has contracted over 12,000 digital subscribers in Mexico City. We are also moving ahead with PCS, having paid the outstanding US$47 million balance of the auction prices as required on September 30. Deployment in northern Mexico, including the key cities of Monterrey and Tijuana, will begin in 1999. During the third quarter of 1998 the Company invested US$105 million in capital expenditures, primarily for the cellular network replacement and CDMA overlay, PCS license fees and further expansion of our long distance network." Grupo Iusacell is a leading independent telecommunications company in Mexico. It is the wireless cellular service provider in four of Mexico's nine regions in the central portion of Mexico (including Mexico City) covering a total of 67 million POPs - representing 69% of the country's total population. The auctions won for wireless services in regions 1 and 4 in northern Mexico cover an additional 11 million POPs, or 11% of Mexico's total population. Since February 1997, the Company has been under the management and operating control of Bell Atlantic which owns, through its subsidiaries, 47% of its capital stock.