0
Wireless

NII Holdings expects bids for Nextel Brasil in September – report

Wednesday 8 August 2018 | 11:54 CET | News
NII Holdings expects to receive bids for mobile operator Nextel Brasil in September, a source familiar with the matter told Reuters. The report named Telefonica Brasil, TIM Brasil and America Movil's Claro as interested companies. In addition, Access Industries, which holds a 30 percent stake in Nextel, is interested in increasing its stake in the company. 

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: America Movil / Claro / Nextel / Telefonica Brasil / TIM Brasil
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

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 still discussing asset sales, Nextel bid

Published 25 Sep 2018 08:37 CET | Italy
Telecom Italia (TIM) confirmed that it analysed possible investments and asset divestitures at a board meeting held on 24 ...

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 ...

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 ...

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

Published 07 Aug 2018 15:04 CET | Brazil
NII Holdings, the parent company of mobile operator Nextel Brasil, reported breakeven adjusted OIBDA for the second quarter and ...

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, ...