Sunday, 23 July 2017

NII returns to subs growth, but posts hefty losses

By Mary Lennighan, Total Telecom
Friday 13 March 15

Latin American telco says posting first quarterly subscriber additions in six quarters represents turning point.

NII Holdings posted a net loss of close to US$2 billion last year and saw its customer base dwindle, although it reported net customer additions in Q4 for the first time in six quarters. The company, which is operating under Chapter 11 bankruptcy protection, saw its net loss widen to $1.96 billion in 2014…

NII Holdings posted a net loss of close to US$2 billion last year and saw its customer base dwindle, although it reported net customer additions in Q4 for the first time in six quarters. The company, which is operating under Chapter 11 bankruptcy protection, saw its net loss widen to $1.96 billion in 2014…

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