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Tag: nextel
Nextel grows customer base ahead of America Movil deal
2019-08-07 02:00:00| Total Telecom industry news
Brazilian mobile operator Nextel added 65,000 new customers in the three months to the end of June, reversing the customer loss of around twice that figure it reported in the year…read more on TotalTele.com »
Tags: customer
base
america
deal
America Movil acquires 100% of Brazil's Nextel for USD 905 mln
2019-03-18 11:57:00| Telecompaper Headlines
(Telecompaper) America Movil has announced an agreement to acquire 100 percent of Brazil's fifth largest mobile operator Nextel from NII Holdings and Access Industries Brazil Holdings for a total of USD 905 million on a cash- and debt-free basis. Under the terms of the deal, NII Holdings will receive 70 percent of the final net proceeds, with AI Brazil receiving 30 percent for the stake it acquired in June for around USD 70 million.
Tags: america
usd
nextel
acquires
TIM eyes Nextel Brazil bid
2018-09-20 02:00:00| Total Telecom industry news
Telecom Italia's (TIM's) Brazilian arm is mulling a move for Nextel, it emerged on Thursday. Sources cited by Bloomberg expect group CEO Amos Genish to bring up the subject at a board meeting due to take place next Monday…read more on TotalTele.com »
Ice Group sells Nextel stake, to de-merge international ops to concentrate on Scandinavia
2018-06-01 13:08:00| Telecompaper Headlines
(Telecompaper) Ice Group said it has accepted an offer to sell its 30 percent ownership share in Nextel Holdings for USD 70 million to AI Media Holdings (Access Industries) and plans to de-merge its international businesses in favour of a more focused approach to its future operations. After the de-merger, Ice Group proposes for all AINMT Holdings shareholders to convert their shares to the N:OTC-listed Ice Group AS vehicle, which will own 100 percent of the Scandinavian businesses after the restructuring.
Tags: international
group
ice
sells
Ice negotiates extension to 2nd stage of investment in Nextel Brazil
2017-11-10 14:23:00| Telecompaper Headlines
(Telecompaper) Ice Group said that it has requested an extension of time to exercise its option to increase its ownership in Nextel Holdings, the company that indirectly owns Nextel Brazil. Ice and Nextel Holdings have started discussing the terms of an extension to the "Step 2 investment" of the Nextel Brazil transaction, it said.
Tags: stage
investment
brazil
2nd