Motorola returned to breakeven in FQ2. The brand is number two in terms of mobile phone sales in Latin America.
Uncertainty abounds among Brazil's officials about the technology plans of president-elect Jair Bolsonaro's incoming administration. Meanwhile, the fate of an industry 4.0 program and the national IoT plan hangs in the balance.
Brazil's increased caps have made Nextel a potential M&A target, as NII Holdings reportedly hired Rothschild & Co as financial advisers to sell the asset.
The court returned Telefónica's complaint, which could have resulted in the payment of millions of dollars to the company, to a lower court.
The company's overall revenues rose 3% year-on-year to US$925mn in 3Q18, but it posted a net loss of US$26mn in the quarter.
Brazilians are increasingly using smartphones and PDAs to conduct their financial transactions.
Cloud services, for example, could help the new government achieve its stated objective of reducing costs, the company's Latin America and Caribbean chief Jeff Kratz told a local newspaper.