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Wireless

Nextel posts positive subscriber growth, reduces opg loss in Q1

Tuesday 8 May 2018 | 15:09 CET | News
NII Holdings, the parent company of mobile operator Nextel Brasil, ended the first quarter of 2018 with operating revenues of USD 181 million, down 28 percent from a year earlier, and an operating loss of USD 14 million, better than the loss of USD 80 million a year ago. Adjusted OIBDA was a negative USD 8 million, compared to a profit of USD 5 million a year ago, while capex amounted to USD 8 million in the quarter. 

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Categories: Mobile & Wireless
Companies: Nextel
Countries: Brazil
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