Thursday, 08 December 2016

NII Holdings likely to file for bankruptcy

By Nick Wood, Total Telecom
Tuesday 12 August 14

Struggling LatAm telco warns it won't be able to continue operations unless it can restructure debt obligations.

NII Holdings warned it is likely to file for bankruptcy protection following another dismal quarterly performance. The U.S.-based telco, which provides mobile services in Argentina, Brazil, Chile and Mexico under the Nextel brand, said it needs to restructure its debt obligations if it is to continue operating…

NII Holdings warned it is likely to file for bankruptcy protection following another dismal quarterly performance. The U.S.-based telco, which provides mobile services in Argentina, Brazil, Chile and Mexico under the Nextel brand, said it needs to restructure its debt obligations if it is to continue operating…

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