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Iusacell Grupo Iusacell is Mexico's #3 mobile operator. The company provides cellular services reaching about 90% of Mexico's population, including Mexico City and received more licenses to cover the remaining regions in early 2005. It has more than 4.3 million subscribers (77% are prepaid). The company also offers local and long-distance telephony, messaging services, mobile television and wireless broadband services (BAM) over the only 3G nation-wide network in Mexico. Verizon Communications and Vodafone Group together acquired 74% of the company in 2001 from the Peralta family, which founded Iusacell in 1987. But following Iusacell's default on debts, the two companies in 2003 sold their stake to Ricardo Salinas Pliego's Movil@ccess in a deal valued at $7.4 million.
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