SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.20459
FORM 6-K
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
November 7, 2002
Terra Networks, S.A.
(Exact name of registrant as specified in its charter)
Vía de las Dos Castillas, 33
Complejo Atica
Edificio 1
Pozuelo de Alarcón
28223 Madrid, Spain
(34) 91-452-3000
(Address of principal executive office)
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 whether the registrant by furnishing the information
contained in this Form 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): N/A
Terra Networks, S.A.
TABLE OF CONTENTS
Item | |
1. | Communication of Relevant Fact, dated November 7, 2002 |
Item 1
[LOOSE TRANSLATION FOR INFORMATION PURPOSES ONLY]
TO THE SECURITIES MARKETS NATIONAL COMMISSION
TERRA NETWORKS, S.A., in compliance with Article 82 of Law 24/1988, of July 28, of the Securities Market, hereby communicates the following:
HECHO RELEVANTE - RELEVANT FACT
For the fourth quarter of this year, applying to the local statements the average exchange rate for the first nine months of the period, we are expecting to add revenues on the 160 to 170 million Euro range, with a negative EBITDA margin from –11% to – 14% of revenue.
Madrid, November 7, 2002
/s/ Elías Rodríguez-Viña Cancio
Elías Rodríguez-Viña Cancio
Chief Financial Officer of Terra Networks, S.A.
This communication contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by words such as “believes���, “expects”, “anticipates”, “projects”, “intends”, “should”, “seeks”, “estimates”, “future” or similar expressions. Certain factors affecting such forward-looking statements are described in the company’s filings with the Securities and Exchange Commission, including the company’s annual report on Form 20-F under the heading “Risk Factors”.
Sent by fax to the number: 91 585 1662, to the attention of the Markets Director, pursuant to the Circular Letter 14/1998 of the CNMV.
SIGNATURE
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.
Terra Networks, S.A. | |||||
Date: | November 7, 2002 | By: | /s/ Elías Rodríguez-Viña | ||
Name: | Elías Rodríguez-Viña | ||||
Title: | Chief Financial Officer | ||||
