BUENOS AIRES, Argentina-NII Holdings’ income reached US$780.4 million in 2002, an 18-percent increase on the previous year. The company made a net gain of US$3.82 billion in 2002, fundamentally due to the effect of its debt restructuring as its operation gain was US$ 77.6 million.
During the fourth quarter of 2002, NII Holdings sold its operation in the Philippines for US$36.9 million, and therefore now only operates in Latin America where it has around 1.25 million customers. Its largest operation is based in M
