 |
 | |
 |  |
| 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. |
CEL is the 2nd largest PCS provider in Mexico. Otherwise known as Nuevo Grupo Iusacell, S.A. de C.V. (New Iusacell), CEL was organized as a limited liability stock company under the laws of Mexico on August 6, 1998. As a result of the exchange offer completed in August 1999, New Iusacell holds substantially all of the capital stock of Grupo Iusacell, S.A. de C.V. (Old Iusacell). As of Q3 1999, CEL + has more than 1.1 million subscribers. + has a market cap of only about $780 million. + is grossly undervalued at about $710/subscriber. + has Bell Atlantic ownership (42%) and management. + services 4 of Mexico's 9 regions (including Mexico City) + covers 67 million POPs (69% of Mexico's population). + recently upgraded entire system from analog to PCS/CDMA. + has record EBITDA margin of 36%. + has been EBITDA positive for the last 4 quarters. + 80% growth in subscriber base since Q3 1998. + has $472 million in U.S. dollar-denominated debt. + has a debt-to-capital ratio of 45.6% (vs 60.4% in Q3 1998). Mexico has only 3.5% cellular penetration... so there's plenty of additional growth potential. Website... iusacell.com.mx | ||||||||||||
|
| Home | Hot | SubjectMarks | PeopleMarks | Keepers | Settings |
| Terms Of Use | Contact Us | Copyright/IP Policy | Privacy Policy | About Us | FAQ | Advertise on SI |
| © 2025 Knight Sac Media. Data provided by Twelve Data, Alpha Vantage, and CityFALCON News |