MEXICO: SECOND LARGEST MOBILE TELEPHONY OPERATOR.(Brief Article)

IPR Strategic Business Information Database, March, 2002

This transaction makes Telef?nic a M?viles Mexico's second largest cellular operator, as the new entity will begin operations with over two million customers. The operation also improves prospects for Telef?nica M?viles' mid-term EBITDA growth. At year-end 2001, Telef?nica M?viles M?xico, which operates in the north of the country, had over 1.2 mill ion active customers.

Pegaso has close to 800,000 customers, according to the customer reporting criteria used by Telef?nica M?viles which are significantly more rigorous than those generally used in Mexico. Acquiring Pegaso will expand Telef?nica M?viles' Mexican operations resulting in the implementation of a nationwide strategy , as it will have a new network which offers significant growth potential and is fully...

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