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Latest NII Holdings Stories

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...

2014-08-14 08:25:54

Appoints Fernando Narcio as Regional Manager, Latin America SAO PAULO, Aug. 14, 2014 /PRNewswire/ -- PubMatic, the programmatic advertising platform company for leading publishers, today announced that it is expanding its international operations across Latin America with the appointment of Fernando Narcio as Regional Manager, Latin America. The company has been active in Brazil since mid-2013 through a strategic partnership with interactive and digital marketing solutions company...

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...

2014-03-24 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...


Word of the Day
tessitura
  • The prevailing range of a vocal or instrumental part, within which most of the tones lie.
This word is Italian in origin and comes from the Latin 'textura,' web, structure.