UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25 SEC FILE NUMBER
001-14938
NOTIFICATION OF LATE FILING CUSIP NUMBER
(Check One): [ ] Form 10-K [X] Form 20-F [ ] Form 11-K [ ] Form 10-Q
[ ] Form N-SAR [ ] Form N-CSR
For Period Ended: December 31, 2004
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended: _____________________________________________
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Read attached instruction sheet before preparing form. Please print or type.
Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
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If the notification relates to a portion of the filing checked above, identify
the item(s) to which the notification relates:
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PART I - REGISTRANT INFORMATION
GRUPO IUSACELL, S.A. DE C.V.
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Full name of registrant
NUEVO GRUPO IUSACELL, S.A. DE C.V.
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Former name if applicable
MONTES URALES 460, COLONIA LOMAS DE CHAPULTEPEC, DELEGACION MIGUEL HIDALGO
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Address of principal executive office (Street and Number)
11000 MEXICO D.F.
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City, state and zip code
PART II - RULE 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed. (Check box if appropriate.)
(a) The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or
expense;
[x] (b) The subject annual report, semi-annual report, transition report
on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR or
portion thereof, will be filed on or before the fifteenth
calendar day following the prescribed due date; or the subject
quarterly report or transition report on Form 10-Q, or portion
thereof, will be filed on or before the fifth calendar day
following the prescribed due date; and
(c) The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached if applicable.
PART III - NARRATIVE
State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K,
10-Q, N-SAR, N-CSR, or the transition report or portion thereof, could not be
filed within the prescribed time period.
We are not able to file a timely Form 20-F because the reconciliation to
U.S. GAAP of our financial statements for the year ended December 31, 2004 is
still in the process of being finalized. As a result, we are unable to file our
Form 20-F by the prescribed filing deadline without unreasonable effort and
expense. We intend to file our Form 20-F no later than fifteen calendar days
following the prescribed due date.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Fernando J. Cabrera (011-52 55) 5109-5931
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(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d) of
the Securities Exchange Act of 1934 or Section 30 of the Investment
Company Act of 1940 during the preceding 12 months or for such shorter
period that the registrant was required to file such report(s) been
filed? If the answer is no, identify report(s).
[X] Yes [ ] No
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(3) Is it anticipated that any significant change in results of operations
from the corresponding period for the last fiscal year will be reflected
by the earnings statements to be included in the subject report or
portion thereof?
[X] Yes [ ] No
If so: attach an explanation of the anticipated change, both narratively
and quantitatively, and, if appropriate, state the reasons why a
reasonable estimate of the results cannot be made.
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GRUPO IUSACELL, S.A. DE C.V.
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(Name of Registrant as Specified in Charter)
Has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.
Date: July 1, 2005 By: /s/ Fernando J. Cabrera
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Fernando J. Cabrera
General Counsel
INSTRUCTION: The form may be signed by an executive officer of the registrant or
by any other duly authorized representative. The name and title of the person
signing the form shall be typed or printed beneath the signature. If the
statement is signed on behalf of the registrant by an authorized representative
(other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.
INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE FEDERAL CRIMINAL
VIOLATIONS (SEE 18 U.S.C. 1001).
ATTACHMENT TO PART IV (3)
This Attachment to Form 12b-25 for Grupo Iusacell, S.A. de C.V. (the "Company")
responds to question (3) of Part IV of such Form, which requires an explanation
of any anticipated change in results of operations during 2004 to be reflected
by the earnings statements included in the Company's annual report on Form 20-F.
The most significant changes in results of operations are disclosed in
the Company's Form 6-K, filed with the Securities and Exchange Commission on
February 23, 2005, namely:
- - Revenues increased by 9%, from Ps.4,984 million in 2003 to Ps.5,431
million in 2004.
- - Operating income before depreciation and amortization increased by 17%,
from Ps.558 million in 2003 to Ps.654 million in 2004.
- - Operating expenses decreased by 18%, from Ps.1,904 million in 2003 to
Ps.1,561 million in 2004.
- - Net loss decreased 60%, from a net loss of Ps.4,953 million in 2003 to a
net loss of Ps.1,989 million in 2004.
These figures have been prepared in accordance with Mexican GAAP.