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UPDATE 1-NII to cut jobs, expects higher prepaid user losses in Mexico

2013-12-09 23:40:41| Telecom - Topix.net

NII Holdings Inc, which provides telecom services under the Nextel brand in Latin America, said it would cut more than 1,400 jobs in its market operations and over 25 percent of the workforce at its Virginia headquarters.

Tags: user jobs update higher

 

Nextel to cut 25% of headquarters staff, other 1,400 jobs

2013-12-09 20:00:00| Telecompaper Headlines

(Telecompaper) Latin American mobile operator NII Holdings, which operates under the Nextel brand, has disclosed further details related to its recently announced 'Accelerate' project. In connection with Project Accelerate, Nextel will implement a restructuring and organizational realignment plan designed to simplify the roles and responsibilities of its headquarters and market organizations and better align its costs and organizational structure with its growth strategy. The plan includes reductions of over 25 percent of Nextel's headquarters' staff and the elimination of over 1,400 positions in its market operations.

Tags: jobs staff cut headquarters

 
 

UPDATE 1-NII to cut jobs, expects higher prepaid user losses in Mexico

2013-12-09 16:33:08| Wireless - Topix.net

NII Holdings Inc, which provides telecom services under the Nextel brand in Latin America, said it would cut more than 1,400 jobs in its market operations and over 25 percent of the workforce at its Virginia headquarters.

Tags: user jobs update higher

 

Qantas Risks Credit Rating Cut as Virgin Fight Drains Cash

2013-12-06 03:59:38| Airlines - Topix.net

Qantas Airways Ltd., one of just two airlines globally to be judged investment-grade by more than one ratings company, risks losing that status as losses mount amid a market share battle with Virgin Australia Holdings Ltd. Moody's Investors Service yesterday said it may reduce its Baa3 rating on Qantas after Australia's largest carrier forecast a ... (more)

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Qantas credit rating cut to junk

2013-12-06 03:24:55| BBC News | Business | UK Edition

Australian airline Qantas sees its credit rating downgraded to below-investment level, or junk, by the ratings agency Standard & Poor's.

Tags: rating credit cut junk

 

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