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UPDATE 1-Latin American telecom firm NII Holdings may seek bankruptcy | |
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August 12, 2014 Aug 11- Mobile service provider NII Holdings Inc, reporting its ninth quarterly loss in a row, said on Monday it may have to file for bankruptcy after struggling to compete in Brazil and Mexico. The company, which operates in Latin America under the Nextel brand, ended the second quarter with a net debt of $4.8 billion and with $1 billion in cash and investments. Source: http://www.cnbc.com/id/101912122 |
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