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MEXICO’S PEGASO CONSORTIUM ADDS MEMBERS

MEXICO CITY-Pegaso Telecomunicaciones S.A. de C.V. increased its equity commitments to $400 million by adding four new consortium members: Grupo Televisa S.A., Citicorp Equity Capital Latin America, AIG-GE Capital Latin America Infrastructure Fund and Nissho Iwai Corp.

The consortium, formed by Grupo Pegaso and Qualcomm Inc. to participate in Mexico’s personal communications services auction, received nine licenses to provide PCS and wireless local loop services throughout Mexico.

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