Iusacell Wins Two Licenses in Mexican PCS Auction

Iusacell Wins Two Licenses in Mexican PCS Auction

Achieves National Presence

May 12, 1998

PHILADELPHIA -- Iusacell announced today it won PCS (Personal
Communications Services) licenses covering 10 million potential customers
in two key northern regions of Mexico. The company bid US$58 million
for the two 10 MHz (Megahertz) licenses to serve the fast-growing
industrial regions - including Monterrey and Tijuana - that span the
Mexican/U.S. border.

The licenses allow Iusacell, which already serves 70 percent of Mexico's
94 million people, to expand its brand of wireless services to 81 percent of
the population. Winning these licenses allows us to fulfill our strategic
goal of creating a national presence," said Iusacell President and General
Director Fulvio V. del Valle.

With these additional licenses, and a landline teledensity level still below 10
phones per 100 people, Bell Atlantic's Latin American communications
investment is also well positioned to take advantage of opportunities to
compete in the local loop.

Iusacell is Mexico's only provider of cellular, wireless local loop, national
paging, long distance, data, and satellite services.

Licenses for Regions 1 and 4 are for digital service in the 1.9 GHz
(Gigahertz) portion of the radio spectrum, and are also contiguous with
Bell Atlantic's United States PCS licenses in the Southwest. Bell Atlantic
holds PCS licenses in the Midwest, Southeast, and Southwest through its
50 percent interest in PrimeCo Personal Communications. Bell Atlantic
took management control of Iusacell in February, 1997, and owns 42
percent of the company.

Bell Atlantic is one of the world's largest wireless communications
companies, with domestic operations in 25 states and international
investments spanning Latin America, Europe and the Pacific Rim. For
information on our global operations, visit
http://www.bellatlantic.com/worldwide.