Jones Day instructed on Nextel´s joint venture with Norway telco

Jones Day advised NII Holdings, owners of Nextel Brazil, on an agreement with AINMT to jointly own and operate the Brazilian mobile company.


AINMT is an international telecommunications company based in Norway with operations in Scandinavia, Philippines and Indonesia. NII Holdings is listed in NASDAQ and based in Reston, Virginia. It is mobile communications provider which currently focuses on Brazil via its Nextel brand. 

With this deal, AINMT will invest $50 million for a 30% stake in Nextel. AINMT will have the option to invest an additional $150 million in the company which would result in a 60% controlling stake.

Partners S. Wade Angus and Bob Profusek led the Jones Day team advising NII Holdings. 


Jones Day instructed on Nextel´s joint venture with Norway telco

Ignacio Abella

The Latin American Lawyer is a bimonthly digital magazine, published by Iberian Legal Group, available in Spanish and Brazilian Portuguese. It represents the main source of information in the legal business sector in America Latina. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website

Iberian Legal Group, S.L.
Registered office: C/ Ríos Rosas 44A - 2 G,H 28003 Madrid España

Copyright 2023 © All rights Reserved. Design by Origami Creative Studio


Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram