September 28, 2016 7:54 PM ET

Wireless Telecommunication Services

Company Overview of Nextel Telecomunicações Ltda.

Company Overview

Nextel Telecomunicações Ltda. provides wireless telecommunication services in Brazil. It offers voice and Internet services, as well as cellular handsets and devices. The company was founded in 1997 and is based in São Paulo, Brazil. Nextel Telecomunicações Ltda. operates as a subsidiary of Nextel Telecomunicações S.A.

Avenida das Nações Unidas, nº 14171

32º andar - Condomínio Rochaverá Corporate Towers - Crystal

Vila Gertrudes

São Paulo, SP 04794-000

Brazil

Founded in 1997

Phone:

55 11 2145 1000

Fax:

55 11 2145 2013

Key Executives for Nextel Telecomunicações Ltda.

President
Age: 52
Compensation as of Fiscal Year 2016.

Nextel Telecomunicações Ltda. Key Developments

Nextel Is Not Up For Sale

Nextel Telecomunicações Ltda. is not being up for sale. Francisco Valim, Chief Executive Officer of Nextel Brasil, denied to the paper that the company is for sale.

Nextel Brazil Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015

Nextel Brazil reported unaudited earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company reported service and other revenues of $266.4 million compared to $435.8 million reported in the same period last year. Losses were $10.8 million against income of $0.9 million reported last year. For the nine months, the company reported operating revenues of $968.2 million and losses of $86.0 million.

NII Holdings Reportedly Explore Options For Nextel Unit

NII Holdings Inc. (NasdaqGS:NIHD) is planning to explore strategic alternatives for Nextel Telecomunicações Ltda., according to people familiar with the matter. NII has spoken to investment banks in recent weeks about hiring a financial adviser to explore its options, including a potential sale, the people said this week. The sources asked not to be identified because the deliberations are confidential. NII provided no immediate comment.

Similar Private Companies By Industry

Company Name Region
American Tower do Brasil - Cessão de Infra-Estruturas Ltda. Americas
BR Towers S.A. Americas
Highline do Brasil S.A. Americas
Hits South America Americas
Lanis Redes e Consultoria Ltda Americas

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Nextel Telecomunicações Ltda., please visit www.nextel.com.br. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.