(Reuters) - AT&T Inc (T.N) said on Monday it would buy bankrupt NII Holdings Inc's (NIHDQ.PK) wireless business in Mexico for $1.875 billion in a move to create a larger Mexican wireless player that will have a better chance of competing with No.
Sept. 15 (Bloomberg) -- NII Holdings Inc., the U.S.-based mobile carrier that sells service in Latin America, filed for bankruptcy as customers shifted to America Movil SAB and Telefonica SA seeking faster networks for their smartphones.
NII Holdings Inc. (NASDAQ: NIHD) is not trading like a company that simply reported a wider loss than expected. The Latin American wireless Nextel telecom provider i sin trouble and signaled that it will have liquidity issues if improvements are not ...
Aug. 12 (Bloomberg) -- NII Holdings Inc., the mobile-phone carrier that's been losing subscribers in Latin America, said it will probably file for Chapter 11 bankruptcy protection because it can't fulfill financial obligations.
NII Holdings Inc. has an agreement to sell its Chilean subsidiary, according to financial disclosures, but negotiations continue with bondholders as the Latin American wireless provider attempts to restructure its debt load.