Nextel Brasil sale could result in 700 job losses - report

Wednesday 3 April 2019 | 14:28 CET | News
The acquisition of Nextel Brasil by America Movil for USD 905 million (about BRL 3.5 billion) is considered a bargain by market experts, reports Correio Braziliense. According to Saulo Gonzales, director of Mexican consulting firm Infotec, in terms of customers, scope and brand, Nextel is worth at least twice that sum. Meanwhile, a Nextel manager said that more than 700 dismissals are expected in the coming months, especially in the technology, commercial and customer service departments.

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Categories: Mobile & Wireless
Companies: America Movil / Claro / Nextel / Vivo
Countries: Brazil
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