Telefonica Mviles, S.A. (NYSE:TEM)
Industry: Technology

OFF LIST - 2528 consecutive market days: OFF LIST as of 05/22/2006 Through 11/14/2016

Telefonica Moviles, Inc., incorporated on February 14, 2000, is a holding company that conducts its wireless operations through subsidiaries and investments in Spain, Morocco and Latin America. The Company manages the wireless assets of the Telefonica Group in these regions. As of December 31, 2005 Telefonica, S.A., the parent company of the Telefonica Group, held, directly and indirectly, 92.46% of the Company's shares. At December 31, 2005, Telefonica Moviles provided wireless services through its operating companies and joint venture, to approximately 94.4 million managed customers in territories with a population of approximately 518 million. Telefonica Moviles has operations in Spain, Mexico, Peru, El Salvador, Guatemala, Venezuela, Colombia, Panama, Nicaragua, Ecuador, Uruguay, Argentina and Chile and, through its joint venture with Portugal Telecom, it also provides wireless communication services in Brazil. The Company also operates in Morocco where it has a 32.18% interest in Medi Telecom. Telefonica Moviles also has licenses to provide UMTS services in Switzerland through its wholly-owned subsidiaries, in Germany through its 57.2% interest in the Group 3G UMTS Holding GmbH consortium (Group 3G), and in Italy through its 45.59% interest in the Ipse 2000 consortium. It has, however, restructured its operations in these countries. Services and Products Telefonica Moviles' operating companies offers a variety of wireless and related services and products to consumer and business customers. Telefonica Moviles' principal service in all of its markets is wireless voice telephony. Customers in most of Telefonica Moviles' markets have access to a range of enhanced calling features, including voice mail, call hold, call waiting, call forwarding and three-way calling. Data services offered include short messaging services (SMS) and multimedia messaging services (MMS), which allow customers to send messages with images, photographs and sounds. Customers may also receive selected information, such as news, sports scores and stock quotes. Telefonica Moviles also provides wireless connectivity and Internet access. Through wireless Internet access, its customers are able to send and receive e-mail, browse web pages, download games, purchase goods and services in m-commerce transactions and use other data services. Telefonica Moviles also has the technology available to provide other wireless data services, such as location-based services and telematics. Location-based services permit the precise location of the handset to be determined by the Company's networks, which will permit users to receive and access information specific to such location. Telematics applications permit the delivery of data to machines, such as automobiles and vending machines. The Company provides business solutions, including wireless infrastructure in offices, private networking and portals for corporate customers that provide flexible on-line billing. Telefonica Moviles Espana offers corporate services through MoviStar Corporativo, and other advanced solutions for data, developed for specific sectors. In addition, in 2004, Telefonica Moviles Espana launched Oficin@Movistar UMTS, the first third-generation service offered in Spain by a mobile operator offering high-speed data transmission of up to 384 kilobits per second. Telefonica Moviles has roaming agreements that allow its customers to use their handsets when they are outside of their service territories, including on an international basis. It has also implemented intelligent network technology using the CAMEL standard for its customers in Spain. This allows Telefonica Moviles' customers to use their mobile telephones in European countries where a roaming agreement has been reached as if they were in their home country (by not having to dial customary roaming prefixes). In Brazil, Mexico and Argentina, its roaming agreements allow its customers to make and receive calls throughout the national territories of these countries. In Argentina, Peru and Venezuela, the Company

Current Quote*
Last: $71.205
Change: 3.000
Book: $Unk
Volume: 12,081,058

As Of: 06/13 16:07 ET
*Quotes delayed by 20min.

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