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Downsized Nextel operator is not giving up the fight in Brazil

16

Sep

2014

By Brad Haynes and Guillermo Parra-Bernal SAO PAULO (Reuters) – Nextel operator NII Holdings Inc is hanging on to its Brazilian unit even though the welterweight mobile carrier has filed for bankruptcy protection in the United States and sold off other Latin American operations. To pull off a turnaround in Brazil, the carrier is counting […]

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Nextel carrier NII files for bankruptcy protection as debt soars

16

Sep

2014

By Guillermo Parra-Bernal and Brad Haynes SAO PAULO (Reuters) – NII Holdings Inc, the parent of Nextel operators in Latin America, filed for U.S. bankruptcy protection on Monday after struggling for years with debt, fierce competition in Brazil and Mexico, and a dispute with a U.S. hedge fund. The company filed a voluntary petition for […]

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Latin American telecom firm NII Holdings may seek bankruptcy

12

Aug

2014

(Reuters) – Mobile service provider NII Holdings Inc, reporting its ninth quarterly loss in a row, said on Monday it may have to file for bankruptcy after struggling to compete in Brazil and Mexico. “Despite the actions we’ve taken to improve our operational performance, we have fallen short in our efforts, leaving the company with […]

Category CA Technologies Tech Written by Yahoo 0 Comments

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Downsized Nextel operator is not giving up the fight in Brazil

Nextel carrier NII files for bankruptcy protection as debt soars

Latin American telecom firm NII Holdings may seek bankruptcy

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