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Wireless

Ice decides not to raise Nextel Brazil stake to 60%, NII calls off agreement

Thursday 1 March 2018 | 12:17 CET | News
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Ice Group said that it has decided not to go ahead with the second stage of its investment in NII subsidiary Nextel Brazil, and NII has therefore called off their investment agreement. In the second stage, Ice would have raised its holding in Nextel Holdings from 30 percent to 60 percent. Neither Ice nor NII incurs any penalties through the termination.

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Categories: Mobile & Wireless
Companies: ICE / Nextel Brasil / NII Holdings
Countries: Brazil / Scandinavia
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