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SEC Company Response from NORTEL INVESTMENTS INC (CIK 0000877691) — Aug 26, 2005

NORTEL INVESTMENTS INC (CIK 0000877691)
Date: Aug. 26, 2005 · CIK: 0000877691 · Accession: 0001193125-05-175180

AI Filing Summary & Sentiment

Referenced dates: August 18, 2005

Date
December 31, 2004
Author
Assistant Director
Form
CORRESP
Company
NORTEL INVESTMENTS INC (CIK 0000877691)

Letter

VIA EDGAR SUBMISSION AND COURIER Securities and Exchange Commission Division of Corporate Finance 100 F Street, N.E. Washington, D.C. 20549

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

Dear Mr. Spirgel:

Nortel Inversora S.A. (the “Company”) has received the comments of the Staff (the “Staff”) of the Securities and Exchange Commission contained in the letter from the Staff dated August 18, 2005 (the “Comment Letter”) regarding the Company’s above-referenced filing on Form 20-F.

The Company is working expeditiously to respond to the Comment Letter and has commenced work on a letter responding to the Staff’s comments in consultation with the Company’s independent accountants (PricewaterhouseCoopers LLP). However, in order to address fully certain comments relating to the Company’s financial statements, the Company believes that it will require additional time to consider and respond to the Staff’s comments.

Accordingly, the Company respectfully requests an extension of time to respond to the Comment Letter beyond the ten business days specified in the Comment Letter. The Company anticipates submitting to the Staff a response to the Comment Letter on or about September 16, 2005.

Mr. Larry Spirgel

August 25, 2005

We are grateful for the Staff’s assistance in this matter. Please do not hesitate to call me, at 011-541-14-968-3631, with any concerns you may have regarding the Company’s proposed timetable for responding to the Comment Letter. Alternatively, please feel free to contact Julia Cowles (44-20-7418-1336) of Davis Polk & Wardwell, the Company’s counsel.

Very truly yours,
Jose Gustavo Pozzi

Show Raw Text
CORRESP
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Correspondence Letter

 NORTEL INVERSORA S.A.

 August 25th, 2005

 VIA EDGAR SUBMISSION AND COURIER

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

 Mr. Larry Spirgel

 Assistant Director

 Securities and Exchange Commission

 Division of Corporate Finance

 100 F Street, N.E.

 Washington, D.C. 20549

 Dear Mr. Spirgel:

 Nortel Inversora S.A. (the “Company”) has
received the comments of the Staff (the “Staff”) of the Securities and Exchange Commission contained in the letter from the Staff dated August 18, 2005 (the “Comment Letter”) regarding the Company’s
above-referenced filing on Form 20-F.

 The Company is working
expeditiously to respond to the Comment Letter and has commenced work on a letter responding to the Staff’s comments in consultation with the Company’s independent accountants (PricewaterhouseCoopers LLP). However, in order to address
fully certain comments relating to the Company’s financial statements, the Company believes that it will require additional time to consider and respond to the Staff’s comments.

 Accordingly, the Company respectfully requests an extension of time to respond to the Comment Letter beyond the ten business
days specified in the Comment Letter. The Company anticipates submitting to the Staff a response to the Comment Letter on or about September 16, 2005.

 Mr. Larry Spirgel

2

August 25, 2005

 We are grateful for
the Staff’s assistance in this matter. Please do not hesitate to call me, at 011-541-14-968-3631, with any concerns you may have regarding the Company’s proposed timetable for responding to the Comment Letter. Alternatively, please feel
free to contact Julia Cowles (44-20-7418-1336) of Davis Polk & Wardwell, the Company’s counsel.

Very truly yours,

Jose Gustavo Pozzi

 General Manager and Sole Officer

 (Principal Executive
Officer and Principal

 Financial Officer)

cc:
Julia K. Cowles

 Davis Polk & Wardwell