Iusacell Received from SCT the Concession Titles of the PCS Frequencies
Iusacell Received from SCT the Concession Titles of the PCS Frequencies
MEXICO CITY, April 27 /PRNewswire-FirstCall/ -- Grupo Iusacell, S.A. de C.V., (BMV: CEL, NYSE: CEL), announced today that it has received from the SCT (Secretaria de Comunicaciones y Transportes), the concession titles of the radio electric spectrum in connection to the auction of the 1900 MHZ band that it grant the rights to use 10MHZ in the PCS regions 2, 3, 5, 6, 7, 8 and 9, for the next 20 years.
About Iusacell
Grupo Iusacell, S.A. de C.V. (Iusacell, NYSE and BMV: CEL) is a wireless cellular and PCS service provider in Mexico encompassing a total of approximately 92 million POPs, representing approximately 90% of the country's total population.
Independent of the negotiations towards the restructuring of its debt, Iusacell reinforces its commitment with customers, employees and suppliers and guarantees the highest quality standards in its daily operations offering more and better voice communication and data services through state-of-the-art technology, such as its new 3G network, throughout all of the regions in which it operate.
Legal Disclaimer
Grupo Iusacell, S.A. de C.V. quarterly reports and all other written materials may from time to time contain statements about expected future events and financial results that are forward-looking and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Discussion of factors that may affect future results is contained in our filings with the Securities and Exchange Commission.
Source: Grupo Iusacell, S.A. de C.V.
CONTACT: Investor Contacts, Jose Luis Riera K., Chief Financial Officer, +5255-5109-5927, or J. Victor Ferrer, Finance Manager, +5255-5109-5927, vferrer@iusacell.com.mx, both of Grupo Iusacell, S.A. de C.V.
Web site: http://www.iusacell.com/
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