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NII Holdings Inc (NIHD.OQ)

NIHD.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

NII Holdings reports Q3 revenue of $205 million
Thursday, 9 Nov 2017 07:00am EST 

Nov 9 (Reuters) - NII Holdings Inc :NII Holdings Inc reports 2017 third quarter results.Q3 revenue $205 million.NII Holdings Inc - ‍Q3 results include $39 million of non-cash asset impairment and restructuring charges​.Qtrly net loss per common share, basic and diluted $0.94‍​.  Full Article

NII signs amendments to Nextel Brazil loan agreements
Wednesday, 1 Nov 2017 07:00am EDT 

Nov 1 (Reuters) - NII Holdings Inc :NII Holdings announces signing of amendments to Nextel Brazil loan agreements.NII Holdings Inc - its unit ‍signed amendments to its loan agreements with China Development Bank, Banco Do Brazil S.A. and Caixa Econômica Federa​.NII Holdings Inc - ‍Amendments provide for a loan maturity date 98 months from date amendments become effective​.  Full Article

683 Capital Management reports 5.2 pct passive stake in NII Holdings - SEC filing‍​
Monday, 21 Aug 2017 02:27pm EDT 

Aug 21 (Reuters) - 683 Capital Management LLC::683 Capital Management LLC reports 5.2 percent passive stake in NII Holdings Inc as of AUGUST 9, 2017 - SEC filing‍​.  Full Article

NII Holdings reports Q2 revenue of $225 million
Wednesday, 9 Aug 2017 07:00am EDT 

Aug 9 (Reuters) - NII Holdings Inc ::Reports 2017 second quarter results.Q2 revenue $225 million.Qtrly loss per share $‍0.85​.Co updated its guidance for operational free cash burn for FY 2017 from a range of $200 to $250 million to a range of $150 to $200 million.  Full Article

NII Holdings Inc - completes first investment of $50 mln for a 30% stake in Nextel Brazil
Monday, 24 Jul 2017 07:00am EDT 

July 24 (Reuters) - NII Holdings Inc :NII Holdings Inc - completed its first investment of $50 million for a 30% stake in brazilian mobile telecommunications company nextel brazil.  Full Article

NII Holdings announces partnership with AINMT
Tuesday, 6 Jun 2017 06:00am EDT 

June 6 (Reuters) - NII Holdings::NII Holdings and AINMT announce partnership to invest in Nextel Brazil's growth strategy.‍AINMT will invest $50 million for a 30% stake in Nextel Holdings S.À R.L., a wholly-owned subsidiary of NII, which owns Nextel Brazil​​.‍AINMT will have option to invest an additional $150 million in company​.‍If such option is exercised, AINMT's total $200 million new equity investment would result in a 60% controlling stake in company​.  Full Article

NII Holdings reports qtrly net loss per common share, basic and diluted $0.92
Wednesday, 10 May 2017 07:00am EDT 

May 10 (Reuters) - NII Holdings Inc : :NII Holdings reports 2017 first quarter results.Q1 revenue $251 million.Qtrly net loss per common share, basic and diluted $0.92.  Full Article

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

BRIEF-NII Holdings reports Q3 revenue of $205 million

* NII Holdings Inc - ‍Q3 results include $39 million of non-cash asset impairment and restructuring charges​