December 19, 2014 7:18 AM ET

Wireless Telecommunication Services

Company Overview of Nextel Telecomunicacoes Ltda.

Company Overview

Nextel Telecomunicacoes Ltda. provides wireless telecommunication services in Brazil. It also offers cellular handsets and devices. The company was founded in 1997 and is based in Sao Paulo, Brazil. Nextel Telecomunicacoes Ltda. operates as a subsidiary of NII Holdings Inc.

Av. Das Nações Unidas

14.171 - 29º andar - Torre Crystal

Sao Paulo, SP 04794-000

Brazil

Founded in 1997

Phone:

55 11 2145 2013

Fax:

55 11 2145 1000

Key Executives for Nextel Telecomunicacoes Ltda.

Nextel Telecomunicacoes Ltda. does not have any Key Executives recorded.

Nextel Telecomunicacoes Ltda. Key Developments

Nextel Telecomunicacoes Ltda. Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Nextel Telecomunicacoes Ltda. announced unaudited earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported operating revenues of $435.8 million compared to $465.5 million for the same period a year ago. Earning were $0.9 million compared to $42.5 million for the same period a year ago. For the nine months, the company reported operating revenues of $1,290.5 million compared to $1,641.4 million for the same period a year ago. Loss was $84.4 million compared to earning of $307.5 million for the same period a year ago.

Nextel Brazil Announces Unaudited Earnings Results for the First Quarter Ended March 31, 2014

Nextel Brazil announced unaudited earnings results for the first quarter ended March 31, 2014. For the quarter, the company announced operating revenues of $461.2 million compared to $635.9 million for the same period a year ago. Loss for the period was $29.1 million compared to earnings for the period of $157.6 million for the same period a year ago.

Nextel Brazil Announces Unaudited Financial Results for the Fourth Quarter and Full Year Ended Dec. 31, 2013

Nextel Brazil announced unaudited financial results for the fourth quarter and full year ended Dec. 31, 2013. For the quarter, total revenues were $502.6 million against $672.3 million for the same period of last year. Segment earnings were $3.6 million against $90.3 million for the same period of last year. For the year, total revenues were $2,208.0 million against $2,902.4 million for the same period of last year. Segment earnings were $311.1 million against $674.6 million for the same period of last year.

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