Profile: NII Holdings Inc (NIHD.OQ)

NIHD.OQ on NASDAQ Stock Exchange Global Select Market

6.71USD
1 Aug 2013
Price Change (% chg)

$-0.47 (-6.55%)
Prev Close
$7.18
Open
$6.25
Day's High
$7.07
Day's Low
$6.06
Volume
2,052,827
Avg. Vol
994,029
52-wk High
$9.82
52-wk Low
$4.11

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NII Holdings, Inc. (NII Holdings), incorporated on October 18, 2000, is a holding company for the operations of Nextel Communications, Inc. in selected International markets. The Company provides wireless communication services under the Nextel brand. It provides its services through operating companies located in Brazil, Mexico, Argentina, Peru and Chile, with its principal operations located in business centers and related transportation corridors of these countries. The Company’s networks utilize integrated digital enhanced network, or iDEN, technology developed by Motorola, Inc. to provide its mobile services on its 800 mega hertz spectrum holdings in all of its markets. As of December 31, 2012, its operating companies had a total of about 11.36 million handsets and other devices in commercial service.

The services offered by the Company include mobile telephone service; Nextel Direct Connect and International Direct Connect service, which allows subscribers to talk to each other instantly, on a push-to-talk basis, for private one-to-one calls or group calls; value-added services, including text messaging services; mobile Internet services; e-mail services; location-based services, which include the use of Global Positioning System (GPS), technologies; digital media services; and a ranging set of applications available via content management system, as well as the Android open application market; business solutions, such as security, work force management, logistics support and other applications that help its business subscribers improve their productivity, and international roaming services.

The Company offers a range of wireless communications services and related subscriber equipment and a variety of service plans with different rate plan structures and bundles that are designed to meet the needs of its targeted customer groups. These services and equipment have been designed to provide features that meet those customers’ needs for fast and reliable voice and data communications that allow them to conduct business quickly and efficiently.

Voice Services

The Company’s mobile telephony services with calling features that include voicemail, call waiting, call forwarding and three-way calling. Its voice services also includes one of its key differentiators, Nextel Direct Connect, the long-range walkie-talkie service that allows communication at the touch of a button. The Nextel Direct Connect service gives its customers the ability to instantly set up a conference either privately (one-to-one) or with a group (one-to-many). In some of its markets, the Company also offers services that provide the subscribers on its iDEN networks with instant communication capabilities in a variety of other ways, including a push-to-email application that allows a user to send a streaming voice message from his or her handset to an email recipient using its Direct Connect feature, Direct Talk, a service available on certain handsets that enables off-network walkie-talkie communication, and Desktop Dispatch, a service that allows users to send Direct Connect messages between Nextel handsets and any Internet connected personal computer.

Wireless Data Services

The Company offers a variety of wireless data services and solutions that are designed to help its customers increase their productivity through the delivery of real-time information to mobile workers anytime and anywhere; it offers its customers always-on connectivity to the Internet directly from their device through mobile Internet access, which combines the resources of the Internet with convenient mobile content services; it offers a range of messaging services, including short messaging services (SMS), multimedia messaging services (MMS) and mobile email; the Company’s data solutions, which are accessible via wireless handsets, laptop computers and handheld computing devices, facilitate quick responses among workers in the field by streamlining operations through faster exchanges of information to support workforce mobility, and its handsets support Java, which provides a standards-based programming environment that can support a broad array of specialized and differentiated applications, and many of its handsets incorporate the Android operating system, which provides an open environment for the distribution and support of hundreds of thousands of business and consumer applications and digital media content to meet the needs of a broad set of subscribers.

Roaming and International Calling Services

The Company offer a number of traditional, as well as differentiated, international calling and roaming services communicate instantly across national borders to other Direct Connect subscribers in all of its markets. It also offer its subscribers with iDEN-based handsets the ability to roam in areas in other countries served by operating companies’ networks and by the iDEN networks operated by Sprint Nextel in the United States, TELUS in Canada and Intelfon in El Salvador. It offers subscribers using iDEN-based handsets the ability to roam on networks in other countries that operate using the global system for mobile communications, or GSM, standard and that operate using networks that are reverse compatible with global system for mobile communications (GSM), including WCDMA networks.

Wireless Devices

The Company offers its customers a array of wireless handsets, including smartphones and feature phones capable of supporting its Nextel Direct Connect service on both its iDEN and WCDMA networks. In addition, WCDMA handsets utilizes QChat technology, which will be able to communicate via push-to-talk service with customers on both iDEN and WCDMA networks. Its smartphone portfolio includes a variety of devices using both the Android and BlackBerry operating systems that enable subscribers to access the Internet on their handsets and include QWERTY keyboard and touch screen options. Additionally, the Company offers mobile broadband devices including data air cards and personal wireless fidelity (WiFi) access devices, or mobile wireless fidelity( MiFi), to subscribers in Mexico, Peru and Chile on WCDMA networks.

The Company competes with America Movil, Telefonica Moviles, Telemar’s Oi and Telecom Italia Mobile.

Company Address

NII Holdings Inc

Suite 1000, 1875 Explorer Street
Reston   VA   20190
P: +1703.3905100

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