Telefonica Moviles registers 50 millionth customer.

MEXICO CITY, Dec 23, 2003 (Notimex/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- Telefonica Moviles recorded its 50 millionth customer in its Spanish and Portuguese-speaking clientele in Mexico City. The company, recalculating its initial goal of covering more than 80 cities with GSM technology by the end of the year, said that the rapid growth reported in Latin America was the reason why one lucky Mexican customer - 17 year-old Iris Coral Ramirez Perez - will have her university studies entirely paid for by Telefonica Moviles after she was named as the firm's client number 50 million.

The telecommunications company that offers products and services in 14 countries made more than 799 million euros (US$991.2 million) in profits in the first half of last year.

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