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Tag: nii
NII returns to subs growth, but posts hefty losses
2015-03-13 01:00:00| Total Telecom industry news
Latin American telco says posting first quarterly subscriber additions in six quarters represents turning point.
Tags: posts
returns
growth
losses
NII Holdings, creditors reach revised restructuring deal
2015-03-09 01:00:00| Total Telecom industry news
LatAm-focused telco to get $350 million to fund company until it completes Nextel Mexico sale.
Tags: deal
reach
revised
holdings
NIi Holdings reaches debt restructuring agreement
2015-03-06 14:43:00| Telecompaper Headlines
(Telecompaper) Latin American mobile operator NII Holdings announced that the mobile operator reached an agreement with the holders of over 70 percent of the senior notes issued by each of NII Capital Corp and NII International Telecom, and the official committee of unsecured creditors regarding the terms of a revised plan of reorganisation to be implemented in the group's Chapter 11 cases. The new agreement replaces that entered into on 24 November 2014, which was terminated following the agreement in January to sell Nextel Mexico to AT&T. Under the terms of the revised plan, NII Holdings will implement a consensual reorganisation of the NII debtors following the completion of the proposed sale of the company's operations in Mexico.
Tags: agreement
debt
holdings
reaches
AT&T buying Nextel Mexico from NII Holdings
2015-01-26 14:06:31| Wireless - Topix.net
The deal will give AT&T Inc. companies that operate under the name Nextel Mexico and hold all of the wireless properties in Mexico held by NII Holdings Inc. That includes spectrum licenses, network assets, retail stores and about 3 million subscribers. Nextel Mexico's network covers approximately 76 million people.
Tags: mexico
buying
att
holdings
AT&T to buy NII Holdings' wireless business in Mexico
2015-01-26 14:06:30| Wireless - Topix.net
NII Holdings, the parent of Nextel operators in Latin America, filed for bankruptcy protection in the United States in September after struggling with $5.8 billion in debt and fierce competition in Brazil and Mexico. The transaction is subject to a bankruptcy auction and approvals by the U.S. Bankruptcy Court for the Southern District of New York, AT&T said in a statement.
Tags: business
buy
mexico
wireless