SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 12b-25

                        Commission File Number 333-136583
                                               ----------

                           NOTIFICATION OF LATE FILING

(Check One): [_] Form 10-K [_] Form 11-K [_] Form 20-F [X] Form 10-Q
             [_] Form N-SAR

                 For Period Ended: December 31, 2006
                                   -----------------

     [_] 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:

     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.

     If the notification relates to a portion of the filing checked above,
identify the item(s) to which the notification relates:

                                     PART I
                             REGISTRANT INFORMATION

   EMTA Holdings, Inc.
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Full Name of Registrant

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Former Name if Applicable

   7430 E. Butherus, Suite C
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Address of Principal Executive Office (Street and Number)

   Scottsdale, AZ 85260
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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;
     |
     |           (b) The subject annual report, semi-annual report, transition
     |           report | on Form 10-K, Form 20-F, Form 11-K or Form N-SAR, or
     |           portion thereof will be filed on or before the 15th calendar
[X]  |           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 why the Form 10-K, 11-K, 20-F 10-Q, N-SAR
or the transition report portion thereof could not be filed within the
prescribed time period. (Attach extra sheets if needed.)

EMTA Holdings, Inc. (the "Company") requires additional time to file its Form
10-Q so that it can complete the necessary review and compilation of information
to file a complete and accurate report. The Company intends to file the Form
10-Q on or before February 20, 2007.


                                     PART IV
                                OTHER INFORMATION

(1)  Name and telephone number of person to contact in regard to this
     notification


        Edmond L. Lonergan             (480)         222-6222
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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

(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.

         As a result of acquisitions and changes in operations from the period
ended December 31, 2005, the Company expects that its loss for the 9 months
ended December 31, 2006 will approximate $43.3 million after adjustments for the
conversion of debt and warrants. The loss for this period is relative to the
loss reported by the Company on its Form S-1/A filed November 1, 2006 which
included the first quarter ended June 30, 2006 of $24.8 million and the Six
months ended September 30, 2006 and reported on that form 10-Q of $26.3 million.


                     EMTA Holdings, Inc.
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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  February 14, 2007            By  /s/ Edmond L. Lonergan
      -------------------              -----------------------------------------
                                           Edmond L. Lonergan
                                           President


          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.


                                    ATTENTION

     Intentional  misstatements or omissions of fact constitute Federal Criminal
Violations (see 18 U.S.C. 1001).


                              GENERAL INSTRUCTIONS

     1. This form is required by Rule 12b-25 of the General Rules and
Regulations under the Securities Exchange Act of 1934.

     2. One signed original and four conformed copies of this form and
amendments thereto must be completed and filed with the Securities and Exchange
Commission, Washington, D.C. 20549, in accordance with Rule 0-3 of the General
Rules and Regulations under the Act. The information contained in or filed with
the form will be made a matter of public record in the Commission files.

     3. A manually signed copy of the form and amendments thereto shall be filed
with each national securities exchange on which any class of securities of the
registrant is registered.



     4. Amendments to the notifications must also be filed on Form 12b-25 but
need not restate information that has been correctly furnished. The form shall
be clearly identified as an amended notification.

     5. ELECTRONIC FILERS. This form shall not be used by electronic filers
unable to timely file a report solely due to electronic difficulties. Filers
unable to submit a report within the time period prescribed due to difficulties
in electronic filing should comply with either Rule 201 or Rule 202 of
Regulation S-T or apply for an adjustment in filing date pursuant to Rule 13(b)
of Regulation S-T.