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Wireless

NII Holdings sheds 40,000 customers in Q3

Monday 10 November 2014 | 19:34 CET | News
Latin American mobile operator NII Holdings, which operates in Mexico, Brazil and Argentina under the Nextel brand, saw a net loss of 40,000 subscribers in the third quarter of 2013, bringing its total subscriber base to over 9.05 million, which represents a 5 percent decrease from the same period of 2013. Consolidated operating revenue amounted to USD 926.7 million in the third quarter, down 15 percent from September 2013. For the third quarter of 2014, Nextel generated a net loss from continuing operations of USD 457 million, compared to a net loss of USD 259 million in the year-ago

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Categories: Mobile & Wireless
Companies: NII Holdings
Countries: Latin America
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