0
Wireless

Nextel turns corner in Q2, sees positive adjusted OIBDA in H2

Tuesday 7 August 2018 | 15:04 CET | News
NII Holdings, the parent company of mobile operator Nextel Brasil, reported breakeven adjusted OIBDA for the second quarter and said it expects the result to turn positive over the second half of the year. The turnaround is driven by a continued reduction in costs, as quarterly operating revenues fell nearly 31 percent year-on-year to USD 156 million. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Nextel
Countries: Brazil
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

America Movil acquires 100% of Brazil's Nextel for USD 905 mln

Published 18 Mar 2019 11:57 CET | Brazil
America Movil has announced an agreement to acquire 100 percent of Brazil's fifth largest mobile operator Nextel from NII ...

Nextel moves to positive OIBDA in Q3, to step up capital investment

Published 08 Nov 2018 17:11 CET | Brazil
NII Holdings, the parent company of mobile operator Nextel Brasil, ended the third quarter of 2018 with operating revenues of USD ...

TIM mulling bid for Brazil's Nextel - report

Published 20 Sep 2018 09:16 CET | Brazil
Telecom Italia (TIM) is evaluating a bid for Brazil's fifth largest mobile operator Nextel via its TIM Brasil unit, according to ...

Nextel prices convertible notes offering

Published 10 Aug 2018 14:16 CET | Brazil
NII Holdings, the parent company of Brazilian operator Nextel Brasil, announced the pricing of its offering of USD 100 million of ...

NII Holdings to sell convertible notes

Published 08 Aug 2018 16:30 CET | Brazil
NII Holdings, the owner of mobile operator Nextel Brasil, has announced its intention to sell USD 75 million of convertible ...

NII Holdings expects bids for Nextel Brasil in September – report

Published 08 Aug 2018 11:54 CET | Brazil
NII Holdings expects to receive bids for mobile operator Nextel Brasil in September, a source familiar with the matter told ...

Nextel offers extra data with number porting during August

Published 06 Aug 2018 13:10 CET | Brazil
Brazilian mobile operator Nextel has launched a special promotion valid for the month of August. New customers who carry out ...

Nextel upgrades plans, offers up to 17 GB per month

Published 24 Jul 2018 10:22 CET | Brazil
Nextel Brasil has upgraded its plans and is now offering up to 17 GB per month. Previously, the operator offered 10 GB in the ...

Nextel becomes first Brazilian operator to implement OKR management model

Published 05 Jul 2018 14:16 CET | Brazil
Brazilian operator Nextel has opted for a management model already established for start-ups, and which is a pioneering model ...

NII Holdings looking to sell 70% stake in Nextel Brasil - report

Published 29 Jun 2018 09:38 CET | Brazil
NII Holding, the parent company of mobile operator Nextel Brasil, has hired Rothschild to sell its 70 percent stake in Nextel, ...

Nextel posts positive subscriber growth, reduces opg loss in Q1

Published 08 May 2018 15:09 CET | Brazil
NII Holdings, the parent company of mobile operator Nextel Brasil, ended the first quarter of 2018 with operating revenues of USD ...

Nextel Brasil loses customers, revenues in Q3

Published 10 Nov 2017 12:33 CET | Brazil
NII Holdings, owner of mobile operator Nextel Brasi, reported operating revenues of USD 205 million in the third quarter, down ...





Calendar   /   Industry Events

30 Nov Zoom Video Communications Q3 2020
30 Nov NexTV Series MENA
01 Dec Hewlett Packard Enterprise fiscal Q4
01 Dec 5G Italy
01 Dec NGON & DCI World
02 Dec FTTH Conference
02 Dec Microsoft AGM
02 Dec Telia EGM
03 Dec Marvell Technology fiscal Q3
03 Dec GCX fiscal Q2
03 Dec Liberty Latin America AGM
::: More Calendar Items