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Wireless

Nextel Brasil improves profits as revenues fall in Q1

Monday 13 May 2019 | 08:45 CET | News
NII Holdings reported operating revenues of USD 147 million in the first quarter of 2019, down from USD 181.2 million a year earlier. The Brazilian mobile operator reached operating profit of USD 1 million, compared to a loss of USD 13.3 million in Q1 2018, while adjusted OIBDA improved to a positive USD 18.9 million from a loss of USD 3.3 million. 

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Categories: Mobile & Wireless
Companies: Nextel
Countries: Brazil
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