FOODCAMP INDUSTRIES AND MARKETING

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                    [ArticleID] => 153724
                    [Title] => Nextel bares local conduits in acquisitions
                    [Summary] => Trunk radio operator Nextel International, Inc. (NII) has admitted to the United States Securities and Exchange Commission (US SEC) that it used several Philippine-registered companies to acquire some 59-percent majority stake in its local managed operating company Nextel Philippines.


Nextel is currently facing a major investigation by the National Telecommunications Commission (NTC) on charges that it violated the cap set by the Philippine Constitution on foreign company of utilities.


                    [DatePublished] => 2002-03-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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Nextel bares local conduits in acquisitions

March 13, 2002 - 12:00am

Trunk radio operator Nextel International, Inc. (NII) has admitted to the United States Securities and Exchange Commission (US SEC) that it used several Philippine-registered companies to acquire some 59-percent...

Business