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NII Holdings Inc (NIHD.OQ)

NIHD.OQ on NASDAQ Stock Exchange Global Select Market

1.15USD
27 Mar 2017
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Latest Key Developments (Source: Significant Developments)

NII Holdings posts Q4 loss per share $0.88
Thursday, 9 Mar 2017 07:30am EST 

NII Holdings Inc : NII holdings reports 2016 fourth quarter and year-end results . Q4 revenue $248 million . Qtrly loss per share from continuing operations $0.84 . Qtrly loss per share $0.88 . NII Holdings Inc - company reported 3G net subscriber additions of 39,600 in quarter . NII Holdings Inc- during 2017, co is required to pay an estimated $225 million for principal and interest in connection with its debt service obligations . NII Holdings Inc - Nextel Brazil's average monthly service revenue per subscriber (ARPU) for Q4 of 2016 was $20, a 26 pct increase on a reported basis .NII Holdings Inc - Nextel Brazil's average monthly churn rate for Q4 was 3.65 pct, a 9 basis point decrease compared to same quarter last year.  Full Article

NII Holdings announces amendments to credit agreements and receipt of bank covenant waivers in Brazil
Wednesday, 1 Mar 2017 07:00am EST 

NII Holdings Inc : NII Holdings announces amendments to credit agreements and receipt of bank covenant waivers in Brazil . NII Holdings Inc - nextel brazil has secured waivers from each of lenders related to certain financial covenants in its local bank loans . NII Holdings - 120-day standstill period effective march 2, during which time no amortization payments will be required with respect to related loans . NII Holdings - waivers provide for "covenant holiday" inclusive of June 30, testing period, during which no compliance to be required for net debt financial covenant .NII Holdings Inc - lenders have agreed to waive nextel Brazil's obligation to comply with a net debt to EBITDA, ratio test, as of December 31, 2016.  Full Article

NII Holdings reports Q3 loss per share of $14.10
Monday, 14 Nov 2016 07:00am EST 

Nii Holdings Inc : Nii Holdings during q3, recorded a $1.31 billion non-cash impairment charge to write down its long-lived assets to fair value . NII Holdings - "we are continuing to pursue strategic alternatives that enhance value of company" . Qtrly loss per share $14.10 . NII Holdings reports third quarter 2016 results .Q3 revenue $261 million.  Full Article

Vanguard Group reports 10.30 pct passive stake in NII Holdings as of Sept. 30 - SEC filing
Tuesday, 11 Oct 2016 07:03am EDT 

NII Holdings Inc :The vanguard group reports 10.30 percent passive stake in nii holdings inc as of sept. 30 - sec filing.  Full Article

Nii holdings Q2 loss per share $0.10
Thursday, 11 Aug 2016 07:00am EDT 

NII Holdings Inc : NII holdings reports second quarter 2016 results . NII holdings inc qtrly loss per share $0.10 . Q2 revenue $249 million . Nextel Brazil, unit, secured waivers from Banco Do Brazil, Caixa Econômica Federal related to financial covenants in local bank loans . Company says "Expects ran sharing agreement to provide significant financial benefits to Nextel Brazil" .Ran sharing agreement to allow Nextel Brazil to cease operating "significant" number of transmitter, receiver sites in low-usage areas.  Full Article

NII Holdings Q1 net loss from continuing operations $0.33
Tuesday, 10 May 2016 07:24am EDT 

NII Holdings Inc : Net subscriber losses of 273,000 in quarter,mostly result of more difficult competitive and economic environments in Brazil . Qtrly net loss from continuing operations $0.33 . NII Holdings announces 2016 first quarter results .Q1 revenue $227 million.  Full Article

NII Holdings Inc announces completion of Nextel Mexico sale to AT&T
Thursday, 30 Apr 2015 04:55pm EDT 

NII Holdings Inc:Completes previously announced sale of Mexican operations to AT&T Inc for an aggregate purchase price of $1.875 billion.Says NII received $1.448 billion of net proceeds, including $187.5 million of cash placed in escrow to secure specified indemnity obligations.Says it used $350.5 million of net proceeds from sale to repay in full outstanding principal and accrued interest due under its debtor-in-possession loan that it borrowed in March.  Full Article

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BRIEF-NII Holdings posts Q4 loss per share $0.88

* NII holdings reports 2016 fourth quarter and year-end results