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Last updated on April 19, 2014 at 21:20 EDT

Latest NII Holdings Stories

2014-03-24 08:33:47

NEW YORK, March 24, 2014 /PRNewswire/ -- NII Holdings (NASDAQ: NIHD) is a mobile phone operator, operating in Mexico, Argentina, Brazil, and Chile. The company operates under the Nextel brand in these areas and is best known for push to talk functionality. NII Holdings operational missteps leave the firm on a path to trip debt covenants and raises questions about its ability to continue as a going concern. The market has punished the stock, pushing it to $1.03 from a 52 week high of...

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...

2014-02-14 08:28:58

RESTON, Va., Feb. 14, 2014 /PRNewswire/ -- NII Holdings, Inc., [NASDAQ: NIHD], will host its fourth quarter and year end 2013 results conference call with its senior management. When: Friday, February 28, 2014 Time: 8:30 AM -9:15 AM EST Phone: Domestic +1 800 743 9807 pass-code: NII HOLDINGS International +1 212 231 2908 pass-code: NII HOLDINGS All participants are asked to dial in 10-15 minutes...

2014-01-22 08:33:23

CORAL SPRINGS, Florida, January 22, 2014 /PRNewswire/ -- Tech industry and Biometrics sector set for growth with breakthrough technology developments: NXT-ID, Inc. (OTCQB: NXTD), Blackberry Limited (NASDAQ: BBRY), NQ Mobile Inc. (NYSE: NQ), Apple Inc. (NASDAQ: AAPL) and NII Holdings Inc. (NASDAQ:NIHD) NXT-ID, Inc, (OTCQB:NXTD), a biometrics company focused on the growing m-commerce market, announces it will be doing a joint project with students at the John F. Welch...

2014-01-17 08:24:42

RESTON, Va., Jan. 17, 2014 /PRNewswire/ -- NII Holdings, Inc. (NASDAQ: NIHD), a provider of differentiated mobile communication services operating under the Nextel brand in Latin America, today announced it will offer iPhone 5s, the most forward-thinking smartphone in the world, and iPhone 5c, the most colorful iPhone yet, to Nextel Brazil customers beginning January 31, 2014. Customers may pre-register interest today at www.nextel.com.br. For more information, please visit...

2014-01-13 08:33:44

-- The agreements significantly expand Nextel's voice and data coverage in Brazil and Mexico using Telefonica's networks, while increasing the efficiency of infrastructure investments for both parties MADRID and RESTON, Va., Jan. 13, 2014 /PRNewswire/ -- Telefonica [NYSE: TEF] and NII Holdings [NASDAQ: NIHD] have signed agreements whereby Telefonica will provide NII's subsidiaries, operating under the Nextel brand in Brazil and Mexico, nationwide voice and data coverage services on...

2013-12-16 20:21:43

RESTON, Va., Dec. 16, 2013 /PRNewswire/ -- NII Holdings, Inc. (NASDAQ: NIHD), a provider of differentiated mobile communication services operating under the Nextel brand in Latin America, today, announced changes to its management team, effective immediately. Peter Foyo, formerly President of Nextel Mexico, will become Executive Vice President of Business Development for NII Holdings, based at the company's headquarters in Reston, Virginia. John McMahon will act as Interim President...

2013-12-09 08:34:09

RESTON, Va., Dec. 9, 2013 /PRNewswire/ -- NII Holdings, Inc. [NASDAQ: NIHD], a provider of differentiated mobile communication services operating under the Nextel brand in Latin America, today announced the completion of the previously announced transaction to sell certain communications sites in Brazil to American Tower Corporation [NYSE: AMT]. As part of the transaction, the Company sold 1,940 communications sites to American Tower for total proceeds of BRL$813.8 million, which is...

2013-12-09 08:32:18

Company modifies prepaid deactivation policy which contributes to higher than expected subscriber losses in the fourth quarter for Nextel Mexico RESTON, Va., Dec. 9, 2013 /PRNewswire/ -- NII Holdings, Inc. [NASDAQ: NIHD] a provider of differentiated mobile communications services operating under the Nextel brand in Latin America, today disclosed further details regarding the Company's planned realignment in connection with its recently announced Project Accelerate initiative. In...