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Articles tagged with: Grupo Iusacell
Grupo Iusacell Breaks into Q2 Profit on Currency Gains
Mexico's Grupo Iusacell has reported a Q2 profit of Ps.285 million (SU$21.5 million), compared to net loss of Ps.228 million (US$17.2 million) for the same period of the previous year, due primarily to a Ps.481 million foreign exchange gain. Revenues were up slightly to Ps.2.79 billion (US$210 million), compared to Ps.2.67 billion a year ago. more
Mexico's Grupo Iusacell Losses Deepen on Currency Depreciation
Mexico based mobile network operator, Grupo Iusacell has reported that its first quarter revenues rose slightly to Ps.2.9 billion (US$207 million), compared to Ps.2.8 billion (US$200 million) in the same period in 2008. The company registered a net loss of Ps.678 million (US$48.5 million), compared to net loss of Ps.279 million (US$20 million) for the same period of the previous year. The result was primarily due to foreign exchange losses as a result of the depreciation of the peso during this quarter. more
Related Tags: tim, itu, iusacell, Mexico
Grupo Iusacell Suspends Repayments of US Dollar Debt
Mexico's Grupo Iusacell has begun talks to renegotiate its foreign currency-denominated debt, and has suspended repayments of all US-Dollar debt pending the talks. The company says that it has been affected by the strong devaluation of the Mexican peso versus the U.S. dollar and the current world economic slowdown. The Peso has declined by over 20% against the US Dollar last year. more
Related Tags: rsa, itu, ovi, iden, iusacell, Mexico
Iusacell Slips into Q4 Loss on Currency Fluctuations
Mexico's Grupo Iusacell has reported that its net revenue during the fourth-quarter dropped slightly to Ps.2,982 million (US$199.7 million), compared to Ps.2,993 million in the same period in 2007. The company registered a net loss of Ps.1,978 million (US$132.5 million), compared to net income of Ps.346 million (US$23 million) for the same period of the previous year. The result was primarily due to foreign exchange losses as a result of the depreciation of the peso during this quarter. more
Related Tags: 3g, itu, iusacell, Mexico
Mexico's Iusacell Reports Q3 Profits Up Only Slightly
Mexico's Iusacell has announced today net revenue of Ps.2,696 million (US$201.8 million) and EBITDA of Ps.484 million (US$36.2 million) in the third quarter of 2008. In nominal terms -- considering each quarter figures in current pesos -- revenue grew 3%, and EBITDA increased 2% in the third quarter. more
Related Tags: iusacell, Mexico
Telefonica's 2Q Mexico Wireless Subscribers Up 38% to 14.1 Million
MEXICO CITY -(Dow Jones)- Spanish phone giant Telefonica said Thursday its wireless subscriber base in Mexico reached 14.1 million at the end of the second quarter, up 38% from a year earlier. more
Related Tags: prepay, telefonica, america-movil, movistar, iusacell, nextel, Mexico
Mexico's Wireless Subscribers Reach 71 Million at End-March
MEXICO CITY -(Dow Jones)- Mexico's wireless subscribers rose to 71 million at the end of March, up from about 59.4 million in the year-earlier period, according to data from the country's four mobile operators. more
Related Tags: telefonica, movistar, telcel, nextel, antitrust, cofetel, Mexico
Mexico's Telecom Regulator to Sell Wireless Licenses in 2Q
MEXICO CITY -(Dow Jones)- The Mexican government has authorized telecommunications regulator Cofetel to sell wireless licenses starting in the second quarter as part of a larger spectrum auction program aimed at boosting competition in the sector, officials said Monday. more
Related Tags: telefonica, telcel, iusacell, nextel, cofetel, fixed-wireless, competition-commission, Mexico
Nextel Mexico, Iusacell Sign Interconnection Deal
MEXICO CITY -(Dow Jones)- Mexican mobile operator Grupo Iusacell has signed a network interconnection agreement with the Nextel Mexico subsidiary of wireless carrier NII Holdings. more
Related Tags: telefonica, america-movil, telcel, iusacell, nextel, cofetel, Mexico
Telmap Deploys Location Based Navigation Service in Mexico
Telmap says that it has delivered a white-labeled mobile navigation application for Mexico's Grupo Iusacell. The application is being rolled out this month under the name Copiloto Ubicacel, marking Telmap's first entry into the Latin American market. It also marks the launch of Telmap's second branded application in three weeks. more
Related Tags: lg, blackberry, telcel, iusacell, lg-chocolate, telmap, Mexico