Nextel shares increase with news of intention to sell Brazilian operation



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The shares of NII Holding, owner of Nextel do Brasil, rose 14% today, 28, after news released by the Reuters news agency that the company has hired a consultant for sell the Brazilian operation. According to the report, NII Holding hired the Rothschild Group to advise on the sale of 70% of the shares it owns.

Among potential stakeholders, Reuters lists the group Telefónica Brasil and the minority shareholders of Nextel, Telefónica among the potential candidates would currently have difficulty acquiring Nextel, because the frequencies, one of its largest badets , could not be

Nextel owns 20 MHz of frequencies 1.9 and 2.1 GHz throughout the country. These frequencies could be used by 3G and 4G networks. In São Paulo, the company has 30 MHz at 1.8 GHz and 20 MHz in Rio de Janeiro, in the northeast, the north, Espírito Santo and Minas Gerais. It also has the 27 band, which has been used with iDEN technology and does not work on commercially available handsets. But to keep this frequency in his possession, he will have to pay $ 69 million to Nextel, and the company has not yet confirmed his interest.

Nextel currently has approximately 3 million customers, but has suffered constant losses. In a recent interview with Tele.Síntese, his current president, Roberto Rittes, said he was focusing on clbad C clients in Rio de Janeiro and São Paulo.

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