Nextel would be on sale, says Reuters; Vivo could do the acquisition



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According to information from anonymous sources of Reuters NII Holding, owner of 70% of Nextel Brasil, would be interested in selling its stake in the Brazilian operator. Among those who are interested in the acquisition of the company would be Vivo. Access Industries, which already owns the remaining 30% of Nextel, is also interested in the buyout.

None of the companies involved in the alleged case has made any official comments on the subject, so it is necessary to treat the issue as "rumor". . According to Reuters however, NII Holding reportedly hired a company called Rotschild to sell its stake in the operator.

Nextel has 3 million customers in Brazil, but the company is not exactly profitable. Its earnings before taxes, depreciation and amortization is virtually nil, making the company unattractive to most potential buyers.

Network

Vivo, however, could benefit from the purchase of Nextel mainly by taking a base of good customers and especially for the addition of a good network infrastructure in the states of São Paulo and Rio de Janeiro. Otherwise, the 4G frequency bands purchased by Nextel in the Anatel auctions could improve the coverage of the carrier who bought the company.

The disadvantage is that almost all major mobile phone companies in Brazil are already close to the limit of batching frequency bands set by the regulator. Therefore, unless Anatel is willing to relax this obstacle, it is unlikely that NII Holding will be able to sell Nextel to a competitor as soon as possible. [ad_2]
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