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Latest NII Holdings Inc. Stories

2014-09-17 08:38:18

Editor Note: For more information about this release, please scroll to bottom. LONDON, September 17, 2014 /PRNewswire/ -- On Tuesday, September 16, 2014, the NASDAQ Composite ended at 4,552.76, up 0.75%, the Dow Jones Industrial Average advanced 0.59%, to finish the day at 17,131.97, and the S&P 500 closed at 1,998.98, up 0.75%. The gains were broad based as all the sectors ended the session in positive. The S&P 500 Telecommunication Services Sector Index ended the day...

2014-09-15 16:31:09

RESTON, Va., Sept. 15, 2014 /PRNewswire/ -- NII Holdings, Inc. (NASDAQ: NIHD) today announced that the Company and certain of its U.S. and Luxembourg-based subsidiaries commenced chapter 11 proceedings under the U.S. Bankruptcy Code for the Southern District of New York as the first step to restructuring its debt obligations and to improve the Company's liquidity. The Company has been in discussions with its major stakeholders over the last several months and is optimistic that those...

2014-08-15 16:26:00

RESTON, Va., Aug. 15, 2014 /PRNewswire/ -- NII Holdings, Inc. (NASDAQ: NIHD) announced today that is has elected not to pay approximately $118.8 million in interest due on August 15, 2014 on senior notes issued by its subsidiaries NII Capital Corp. and NII International Telecom, S.C.A. Under the terms of the indentures for the senior notes, there is a 30-day grace period during which the Company may elect to make the interest payments and cure any potential non-payment claims. As...

2014-08-11 20:26:18

-- Net loss of 77,000 subscribers, resulting in an ending subscriber base of 9.4 million subscribers RESTON, Va., Aug. 11, 2014 /PRNewswire/ -- NII Holdings, Inc. (NASDAQ: NIHD) today announced its consolidated financial results for the second quarter of 2014. The Company reported a net loss of 77,000 subscribers for the quarter, bringing its quarter-end subscriber base to 9.4 million, a 6 percent decrease from a year ago. Financial results for the second quarter include...

2014-08-08 16:24:27

RESTON, Va., Aug. 8, 2014 /PRNewswire/ -- NII Holdings, Inc. (NASDAQ: NIHD) will announce its consolidated financial results for the second quarter of 2014 after the market closes on Monday, August 11. The Company will not host a financial results conference call this quarter. Financial and operational information related to the Company's second quarter results will be available in the Company's Form 10-Q, earnings press release, and earnings presentation, which will be posted to...

2014-07-08 12:33:25

RESTON, Va., July 8, 2014 /PRNewswire/ -- NII Holdings, Inc. [NASDAQ: NIHD], a provider of differentiated mobile communication services operating under the Nextel brand in Latin America, today announced that Salvador Alvarez will join the company as President, Nextel Mexico on July 14 and John McMahon, Interim President of Nextel Mexico, will be leaving Nextel Mexico and NII on July 31. Mr. Alvarez has served in a variety of leadership roles both in Latin America and...

2014-05-12 08:35:42

-- Net loss of 52,000 subscribers, resulting in an ending subscriber base of 9.4 million subscribers RESTON, Va., May 12, 2014 /PRNewswire/ -- NII Holdings, Inc. [NASDAQ: NIHD] today announced its consolidated financial results for the first quarter of 2014. The Company reported a net loss of 52,000 subscribers for the quarter, bringing its quarter-end subscriber base to 9.4 million, a 4 percent decrease from a year ago. Financial results for the first quarter include...

2014-05-01 20:26:04

RESTON, Va., May 1, 2014 /PRNewswire/ -- NII Holdings, Inc., (NASDAQ: NIHD), will host its first quarter 2014 results conference call with its senior management. When: Monday, May 12, 2014 Time: 8:30 AM -9:15AM EDT Phone: Domestic +1 800 741 4871 pass-code: NII HOLDINGS International +1 212 231 2914 pass-code: NII HOLDINGS All participants are asked to dial in 10-15 minutes prior to the start of the conference call. If...

2014-03-10 08:34:27

RESTON, Va., March 10, 2014 /PRNewswire/ -- NII Holdings, Inc. (NASDAQ: NIHD) today announced that it has retained UBS Investment Bank as its financial advisor to explore and advise the company on potential strategic opportunities, including creating partnerships or alliances, selling or merging one or more of the company's business units or other strategic transactions involving the entire company. Concurrently, the company has retained Rothschild Inc. as its financial advisor to...

2014-02-28 08:27:11

- Full year 2013 net loss of 213,000 subscribers, resulting in an ending subscriber base of 9.5 million subscribers RESTON, Va., Feb. 28, 2014 /PRNewswire/ -- NII Holdings, Inc. [NASDAQ: NIHD] today announced its consolidated financial results for the fourth quarter and full year 2013. For the full year 2013, the Company reported a net loss of 213,000 subscribers, bringing its year-end subscriber base to 9.5 million, a 2 percent decrease from a year ago. Financial results for the...


Word of the Day
vermicular
  • Like a worm in form or movement; vermiform; tortuous or sinuous; also, writhing or wriggling.
  • Like the track or trace of a worm; appearing as if worm-eaten; vermiculate.
  • Marked with fine, close-set, wavy or tortuous lines of color; vermiculated.
  • A form of rusticated masonry which is so wrought as to appear thickly indented with worm-tracks.
This word ultimately comes from the Latin 'vermis,' worm.
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