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COPYRIGHT 2003 Crain Communications, Inc.
Byline: ELIZABETH V. MOONEY
NII Holdings Inc., formerly Nextel International, hopes for a Nasdaq stock listing now that it has emerged from bankruptcy and is headed back into the black, said Byron Siliezar, chief financial officer.
"Our goal is to be both profitable and free cash flow positive by year-end,'' he said, defining free cash flow as the remainder left after subtracting capital expenses from EBITDA, or Earnings before Interest, Taxes, Depreciation and Amortization.
NII took an unusual route to going public when, as part of its reorganization, it creditors participated in a...
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