SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN ISSUER
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934

For the month of November 2002
Commission File Number: 333-09154

CTI Holdings S.A.
(Translation of registrant’s name into English)

Avenida Figueroa Alcorta 3259
Buenos Aires, Argentina C1425CKY
(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 ý Form 40-F o

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):

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):

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes o No ý

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-_____.

SIGNATURE

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.

Date: November 25, 2002
	CTI Holdings S.A.
	By:	/s/ Walter C. Forwood Walter C. Forwood Chief Executive Officer

EXHIBIT INDEX


EXHIBIT 99.1:		Unaudited Financial Statements for the nine months ended, and as of, September 30, 2002 filed with the Comisión Nacional De Valores.

CTI HOLDINGS SA 6-K