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

Friday 29 June 2018 | 09:38 CET | News
NII Holding, the parent company of mobile operator Nextel Brasil, has hired Rothschild to sell its 70 percent stake in Nextel, Reuters reported, citing sources with knowledge of the matter. Rothschild has yet to set dates for delivery of bids and potential bidders. Telefonica Brasil and Access Industries habe a 30 percent stake in the operator. Nextel has 3 million subscribers, but EBITDA is close to zero.

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Categories: Mobile & Wireless
Companies: Nextel / Telefonica Brasil
Countries: Brazil
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