BUZZ-NII Holdings: Says may file for bankruptcy

Mon Aug 11, 2014 6:37pm EDT

** NII Holdings said it may have to file for bankruptcy after reporting its ninth quarterly loss in a row

** Company reported a lower-than-expected adjusted profit, as it lost 77,000 subscribers in the quarter ended June 30

** Company ended the second quarter with a net debt of $4.8 billion; operating revenue fell 23 percent to $968.8 million

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