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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000000000-05-052854.txt : 20060710
<SEC-HEADER>0000000000-05-052854.hdr.sgml : 20060710
<ACCEPTANCE-DATETIME>20051017110623
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0000000000-05-052854
CONFORMED SUBMISSION TYPE:	UPLOAD
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20051017

FILED FOR:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NORTEL INVESTMENTS INC
		CENTRAL INDEX KEY:			0000877691
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		UPLOAD

	BUSINESS ADDRESS:	
		STREET 1:		SAN MARTIN 638
		STREET 2:		PISO 2
		CITY:			BUENOS AIRES ARGENTI
		STATE:			C1
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>LETTER
<SEQUENCE>1
<FILENAME>filename1.txt
<TEXT>
Mail Stop 3561

      							October 17, 2005

Mr. Jose Gustavo Pozzi
General Manager and Sole Officer
Nortel Inversora S.A.
Alicia Moreau de Justo 50
Piso 11
C1107AAB-Buenos Aires
Argentina

	Re:	Nortel Inversora S.A.
      Form 20-F for Fiscal Year Ended December 31, 2004
		Filed June 29, 2005
		File No. 1-14270

Dear Mr. Pozzi:

We have completed our review of your Form 20-F and related filings
and do not, at this time, have any further comments.

								Sincerely,


								Larry Spirgel
								Assistant Director


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??

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Mr. Jose Gustavo Pozzi
General Manager and Sole Officer
September 28, 2005
Page 2


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

         DIVISION OF
CORPORATION FINANCE


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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