-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QCDw8ZvBkvR46IYJy/ZQcVsU0VIle5SuHeksRYKEl8QAUt8z1T4IqPPzl71DXZII qH6xPuBmONZkZuErOf2fmg== 0000902561-03-000607.txt : 20031222 0000902561-03-000607.hdr.sgml : 20031222 20031222125217 ACCESSION NUMBER: 0000902561-03-000607 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20031219 FILED AS OF DATE: 20031222 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TV AZTECA SA DE CV CENTRAL INDEX KEY: 0001023025 STANDARD INDUSTRIAL CLASSIFICATION: TELEVISION BROADCASTING STATIONS [4833] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14464 FILM NUMBER: 031067062 BUSINESS ADDRESS: STREET 1: PERIFERICO SUR NO 4121 STREET 2: COL FUENTES DEL PEDREGAL CITY: 14141 MEXICO DF STATE: O5 BUSINESS PHONE: 5254201313 MAIL ADDRESS: STREET 1: PERIFERICO SUR STREET 2: 4121 COLONIA FUENTES DEL PEDREGAL CITY: MEXICO CITY STATE: NM ZIP: 14141 FORMER COMPANY: FORMER CONFORMED NAME: COMMERCIAL MEXICAN HOLDING DATE OF NAME CHANGE: 19960917 6-K 1 form6-k_1emd122203.txt FORM 6-K FORM 6-K SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934 For the month of December 2003 Commission File Number 1-14464 TV Azteca, S.A. de C.V. (Translation of registrant's name into English) Periferico Sur, No. 4121, Col. Fuentes del Pedregal, 14141 Mexico D.F., Mexico (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F [X] Form 40-F [ ] Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____ NOTE: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders. Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____ NOTE: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR. Indicate by check mark whether by furnishing the information contained in this Form, the registrant 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): 82- ________ SIGNATURES 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. TVA Azteca, S.A. de C.V. ---------------------------- (Registrant) Date: December 19, 2003 By: /s/ Othon Frias Calderon -------------------------- Name: Othon Frias Calderon Title: Attorney-in-fact EX-99 3 form6-k_1ex99emd122203.txt PRESS RELEASE - ENGLISH TV AZTECA SHAREHOLDERS APPROVE UNEFON SPLIT OFF FOR IMMEDIATE RELEASE MEXICO CITY, DECEMBER 19, 2003 - TV Azteca, S.A. de C.V. (NYSE: TZA; BMV: TVAZTCA), one of the two largest producers of Spanish language television programming in the world, announced that it has approved a split-off of its 46.5% equity stake in Unefon, a Mexican mobile telephony operator focused on the mass market, and of its 50% equity stake in Cosmofrecuencias, a wireless broadband Internet access provider, at an extraordinary shareholders' meeting held today at its corporate offices in Mexico City. The split-off will completely separate TV Azteca from its telecommunications' investments. The telecommunications assets will form Unefon Holdings, which pursuant to Mexican law will become a separate entity approximately 45 days after the date of the registration of the minutes of the shareholders' meeting. TV Azteca anticipates that the shares of Unefon Holdings will be distributed in the second quarter of 2004 and that they will trade publicly in the Mexican stock market and in the United States. The split-off will entail a reduction of TV Azteca's assets and stockholders' equity equal to the book value of TV Azteca's investment in Unefon and Cosmofrecuencias, which totalled approximately US$193 million as of September 30, 2003. The advertising agreements between Unefon and TV Azteca, as well as the accounts receivable that Unefon is required to pay to TV Azteca, will remain unchanged. TV Azteca noted that the split-off does not affect its six-year plan for uses of cash, which as previously announced, entails the allocation of a substantial portion of TV Azteca's expected cash generation within a six years period, to make distributions to shareholders above US$500 million, as well as to gradually reduce the company's outstanding debt by an amount of approximately US$250 million in the six-year timeframe. "As scheduled, we are moving forward with our strategy to become a pure media play company in an efficient manner," said Pedro Padilla, TV Azteca's Chief Executive Officer. "The strategy will further reduce our credit risk, and will allow for increased market focus on the strength of our core business operations, further increasing stakeholder value." An information memorandum regarding the spin-off was filed with the Mexican National Banking and Securities Commission (Comision Nacional Bancaria y de Valores) pursuant to Mexican regulatory requirements on December 4, 2003, and a courtesy English translation of the report is on file with the Securities and Exchange Commission. COMPANY PROFILE TV Azteca is one of the two largest producers of Spanish language television programming in the world, operating two national television networks in Mexico, Azteca 13 and Azteca 7, through more than 300 owned and operated stations across the country. TV Azteca affiliates include Azteca America Network, a new broadcast television network focused on the rapidly growing US Hispanic market; Unefon, a Mexican mobile telephony operator focused on the mass market; and Todito.com, an Internet portal for North American Spanish speakers. Except for historical information, the matters discussed in this press release are forward-looking statements and are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. Risks that may affect TV Azteca are identified in its Form 20-F and other filings with the US Securities and Exchange Commission. INVESTOR RELATIONS: Bruno Rangel Omar Avila 5255 3099 9167 5255 3099 0041 jrangelk@tvazteca.com.mx oavila@tvazteca.com.mx MEDIA RELATIONS: Tristan Canales Daniel McCosh 5255 3099 5786 5255 3099 0059 tcanales@tvazteca.com.mx dmccosh@tvazteca.com.mx EX-32 4 form6k_1ex99sp-emd122203.txt PRESS RELEASE - SPANISH ACCIONISTAS DE TV AZTECA APRUEBAN ESCISION DE LA INVERSION EN UNEFON PARA SU DISTRIBUCION INMEDIATA CIUDAD DE MEXICO, 19 DE DICIEMBRE DE 2003--TV Azteca, S.A. de C.V. (BMV:TV AZTCA; NYSE:TZA), uno de los dos mayores productores de contenido para television en espanol en el mundo, anuncio que en asamblea extraordinaria de accionistas, sostenida hoy en sus oficinas corporativas de la Ciudad de Mexico, se aprobo la escision de su 46.5% de participacion en Unefon, una empresa mexicana de telefonia movil enfocada en el mercado masivo, y de su 50% de participacion en Cosmofrecuencias, un proveedor inalambrico de acceso a Internet de banda ancha. A traves de la escision, TV Azteca quedara completamente separada de sus inversiones en telecomunicaciones. Los activos de telecomunicaciones formaran Unefon Holdings, que de acuerdo con las leyes mexicanas sera formalmente separada aproximadamente 45 dias despues de la fecha de inscripcion de la protocolizacion del acta de asamblea de accionistas. TV Azteca anticipa que las acciones de Unefon Holdings seran distribuidas en el segundo trimestre de 2004 y que cotizaran publicamente en el mercado de valores mexicano y en EUA. La escision supone una reduccion de los activos y del capital contable de TV Azteca igual al valor en libros de las inversiones de la compania en Unefon y Cosmofrecuencias, que sumaron aproximadamente US$193 millones al 30 de septiembre de 2003. Los acuerdos publicitarios entre Unefon y TV Azteca, asi como las cuentas por cobrar que Unefon tiene pendientes con TV Azteca permaneceran sin cambio. TV Azteca indico que la escision no afecta su plan de usos de efectivo a seis anos, que como se anuncio previamente, comprende la asignacion de una porcion sustancial de la generacion de efectivo de TV Azteca dentro de los siguientes seis anos, a la reduccion gradual de la deuda de la compania en aproximadamente US$250 millones, asi como a realizar distribuciones a los accionistas superiores a los US$500 millones dentro del periodo de seis anos. "De acuerdo con lo programado, avanzamos en nuestra estrategia para ser una compania de medios pura de manera eficiente," comento Pedro Padilla, Director General de TV Azteca. "La estrategia seguira reduciendo nuestro riesgo crediticio, y permitira al mercado enfocarse mas en las fortalezas de la operacion de nuestro negocio principal, incrementando aun mas el valor para los inversionistas." Un folleto informativo de la escision se entrego a la Comision Nacional Bancaria y de Valores, de acuerdo con requerimientos regulatorios en Mexico, el 4 de diciembre de 2003. Una traduccion de cortesia al ingles del folleto fue entregada a la Securities and Exchange Comision de los EUA. PERFIL DE LA COMPANIA TV Azteca es uno de los dos mayores productores de contenido en espanol para television en el mundo, y una de dos companias de television abierta en Mexico, operando dos canales nacionales de television, Azteca 13 y Azteca 7, a traves de mas de 300 estaciones locales propias y operadas en Mexico. La compania tambien opera un canal nacional de television en El Salvador. Las afiliadas incluyen a Azteca America Network, la cadena de television enfocada al mercado hispano de los EUA, Unefon, la compania de telefonia celular enfocada al mercado masivo en Mexico, y Todito.com, portal de Internet para hispanohablantes en Norteamerica. Con excepcion de la informacion historica, los asuntos discutidos en este comunicado son conceptos sobre el futuro que involucran riesgos e incertidumbre que pueden ocasionar que los resultados actuales difieran sustancialmente de los proyectados. Otros riesgos que pueden afectar a TV Azteca y a Azteca America Network se identifican en la forma 20-F de TV Azteca y otros documentos relacionados con la Securities and Exchange Commission de los Estados Unidos. RELACION CON INVERSIONISTAS: Bruno Rangel Omar Avila 5255 3099 9167 5255 3099 0041 jrangelk@tvazteca.com.mx oavila@tvazteca.com.mx RELACIONES CON PRENSA: Tristan Canales Daniel McCosh 5255 3099 5786 5255 3099 0059 tcanales@tvazteca.com.mx dmccosh@tvazteca.com.mx -----END PRIVACY-ENHANCED MESSAGE-----