FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
October 15, 2004
Commission File Number [ ]
Telefónica Móviles, S.A.
(Exact name of registrant as specified in its charter)
Telefónica Mobile, Inc.
(Translation of registrant’s name into English)
Goya, 24
28001 Madrid, Spain 3491-423-4004
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F: x Form 40-F: ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes: ¨ No: x
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Yes: ¨ No: x
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes: ¨ No: x
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-
Enclosures: Telefónica Móviles submits Presentation regarding the acquisition of BellSouth’s cellular operators in
Ecuador, Guatemala and Panama.
Acquisition of BS wireless properties in Latin America: Back –up information
October 14 2004
Back –up information
The Ecuadorian wireless market
Population
13.2 MM inhabitants (2003)
GDP per capita
2,180US$ (2003)
Competitors
Porta Conecel (controlled by AMX). Started operations in Dec.93. Uses AMPS, TDMA-800 & GSM-800
Telecsa-Alegro (50% Pacifictel; 50% Andinatel) Started operations in Dec. 2003 Uses CDMA-1900
OTECEL
Shareholders: TEM (100%)
Consolidation method: Full consolidation Started operations in June 94.
Uses AMPS, TDMA-800 & CDMA-800
| Key operating and financial metrics |
2003(1) |
1H04(2) |
||||
| Total market wireless penetration (E) |
18 |
% |
||||
| Wireless customers (000) |
816 |
|
1,041 |
| ||
| Contract (%) |
25 |
% |
21 |
% | ||
| Prepaid (%) |
75 |
% |
79 |
% | ||
| Net adds (000) |
187 |
|
225 |
| ||
| Figures in US$ (MM) |
||||||
| Operating revenues |
293 |
|
152 |
| ||
| Service revenues |
262 |
|
140 |
| ||
| Handset sales |
31 |
|
12 |
| ||
| EBITDA (Operating income+D&A) |
91 |
|
37 |
| ||
| EBITDA margin |
31 |
% |
24 |
% | ||
| Capex |
39 |
|
9 |
| ||
| EBITDA-Capex |
52 |
|
28 |
|
Telefónica Móviles, S.A.
1 Fiscal year ended on November 30th, 2003.
2 First half ended on May 31st, 2004.
2
Back –up information
The Panamanian wireless market
Population
3.1 MM inhabitants (2003)
GDP per capita
3,906US$ (2003)
Competitors
Cable &Wireless (49% C&W; 49% State of Panama; 2% others). Started operations in Jan. 98 Uses TDMA-800 & GSM-800
Bell South Panama
Shareholders: TEM* (43.7%); Multiholding* (56.3%) Consolidation method: Full consolidation Started operations in June 96 Uses TDMA-800 & CDMA-800
| Key operating and financial metrics |
2003(1) |
1H04(2) |
|||||||
| Total market wireless penetration (E) |
27 |
% |
|||||||
| Wireless customers (000) |
420.3 |
|
|
502.9 |
| ||||
| Contract (%) |
11 |
% |
|
11 |
% | ||||
| Prepaid (%) |
89 |
% |
|
89 |
% | ||||
| Net adds (000) |
85.6 |
|
|
82.6 |
| ||||
| Figures in US$ (MM) |
|||||||||
| Operating revenues |
129 |
|
|
73 |
| ||||
| Service revenues |
123 |
|
|
68 |
| ||||
| Handset sales |
7 |
|
|
5 |
| ||||
| EBITDA (Operating income+D&A) |
74 |
|
|
35 |
| ||||
| EBITDA margin |
57 |
% |
|
49 |
% | ||||
| Capex |
5 |
|
|
3 |
| ||||
| EBITDA-Capex |
69 |
|
|
32 |
| ||||
| Exchange rate applied: |
1US$= |
|
1US$ |
= |
| ||||
* TEM to increase its stake to 100% in the short term.
1 Fiscal year ended on November 30th, 2003.
2 First half ended on May 31st, 2004.
3
The Guatemalan wireless market
Population
11.5 MM inhabitants (2003)
GDP per capita
1,930US$ (2003)
Competitors
TEM
Sercom/PCS (controlled by AMX).
Started operations in Nov. 98. Uses CDMA, GSM
Comcell (controlled by Millicom).
Started operations in Sep. 90. Uses TDMA, GSM
Bell South Guatemala
Shareholders: TEM* (60%); Multiholding* (40%) Consolidation method: Full consolidation Started operations in Oct 2000.
Uses CDMA-1900
| Key operating and financial metrics |
2003(1) |
1H04(2) |
|||||||
| Total market wireless penetration (E) |
16 |
% |
|||||||
| Wireless customers (000) |
252.3 |
|
|
329.0 |
| ||||
| Contract (%) |
34 |
% |
|
37 |
% | ||||
| Prepaid (%) |
66 |
% |
|
63 |
% | ||||
| Net adds (000) |
59.5 |
|
|
76.8 |
| ||||
| Figures in US$ (MM) |
|||||||||
| Operating revenues |
60 |
|
|
40 |
| ||||
| Service revenues |
53 |
|
|
35 |
| ||||
| Handset sales |
7 |
|
|
5 |
| ||||
| EBITDA (Operating income+D&A) |
15 |
|
|
7 |
| ||||
| EBITDA margin |
24 |
% |
|
18 |
% | ||||
| Capex |
17 |
|
|
5 |
| ||||
| EBITDA-Capex |
-3 |
|
|
2 |
| ||||
| Exchange rate applied: |
1US$= |
|
1US$ |
=7.9 |
| ||||
| Combined figures (TEM Guatemala + BS Guatemala) |
|||||||||
| Wireless customers (000) |
409 |
|
|
567 |
| ||||
* TEM to increase its stake to 100% in the short term.
1 Fiscal year ended on November 30th, 2003.
2 First half ended on May 31st, 2004.
4
Telefonica
Moviles
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Telefónica Móviles, S.A. | ||||
| Date: October 15, 2004 |
By: |
/s/ Antonio Hornedo Muguiro | ||
| Name: |
Antonio Hornedo Muguiro | |||
| Title: |
General Counsel | |||