Grupo Iusacell S.a. DE C.v.- Adr - CEL- Profile

Nuevo Grupo Iusacell SA de CV formerly known as Grupo Iusacell is a leading independent wireless telecommunications company in Mexico. The company provides cellular telephone services and data transmission services. Internationally, Nuevo Grupo Iusacell recently began to penetrate selected telecommunication markets in Latin American including joint ventures in Ecuador, Chile, Colombia and Nicaragua. The group is also expanding into the area of long distance telecommunications. Telephone services accounted for 87% of 1998 revenues and telephone equipment sales and other, 13%.