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General

Nextel adds 27,000 subscribers in Q3 to reach 4.5 mln

Thursday 5 November 2015 | 16:25 CET | News
NII Holdings, which operates under the Nextel brand in Latin America, reported 27,000 net subscriber additions for the third quarter to reach a total of 4.5 million. Consolidated operating revenues came in at USD 285 million, with an adjusted OIBDA loss of USD 25 million and a consolidated operating loss of USD 78 million. The company said its performance was driven by its 3G business in Brazil, where the 3G subscriber base has nearly doubled over the past year. The group's consolidated average monthly service revenue per subscriber (ARPU) was USD 18 in the third quarter, down from USD 30 a

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Categories: General
Companies: Nextel / Nextel Argentina
Countries: Latin America
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