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August 11, 2016NII Holdings Reports Second Quarter 2016 Results
Company Also Announces Receipt of Bank Covenant Waivers and Roaming and RAN Sharing Agreement in Brazil - Operating revenues of $249 million for the second quarter -- 3G revenues increased 17% year-over-year in local currency - Operating loss of $29 million for the second quarter, an improvement of $169 million year-over-year - Adjusted OIBDA of $14 million for the second quarter, an improvement of $109 million year-over-year -- Second consecutive quarter of positive adjusted OIBD... 
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May 10, 2016NII Holdings Announces 2016 First Quarter Results
- Consolidated operating revenues of $227 million for the first quarter -- 3G revenues increased 25% year-over-year in local currency - Consolidated adjusted operating loss before depreciation and amortization (adjusted OIBDA loss) of $8 million for the first quarter -- First quarter results represent a $10 million year-over-year improvement - Year-end cash and short-term investments of $368 million and $227 million of cash held in escrow - First quarter net subscriber losses of 2... 
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March 03, 2016NII Holdings Announces 2015 Fourth Quarter And Year-End Results
- Fourth quarter net subscriber losses of 121,000 resulting in an ending base of 4.3 million subscribers - Fourth quarter 3G net subscriber additions of 77,000 resulting in an ending 3G base of 2.8 million subscribers - Consolidated operating revenues of $245 million for the fourth quarter and $1.2 billion for the full year - 3G revenues increased 104% year-over-year in local currency - Consolidated adjusted operating loss before depreciation and amortization (adjusted OIBDA loss) of... 
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January 28, 2016NII Holdings Announces Completion of Sale of Nextel Argentina
RESTON, Va., Jan. 28, 2016 /PRNewswire/ -- NII Holdings, Inc. (NASDAQ: NIHD) today announced it has completed the previously announced sale of its Argentine operations transferring the remaining 51% of its ownership interest to subsidiaries of Grupo Clarin.  In connection with the sale, NII previously received $178 million of aggregate net proceeds, including $6 million of cash placed in escrow to secure specified indemnity obligations. "This transaction is consistent with our strategy to co... 
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November 05, 2015NII Holdings Announces Third Quarter 2015 Results
- Total net additions of 27,000 subscribers resulting in an ending base of 4.5 million subscribers - 3G net additions of 231,000 subscribers resulting in an ending 3G base of 2.6 million subscribers - Operating revenues of $285 million - 3G revenues increased 73% year-over-year in local currency - Consolidated adjusted operating loss before depreciation and amortization (adjusted OIBDA loss) of $25 million - Quarter-end cash and short-term investments of $448 million and restricte... 
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September 14, 2015NII Announces Strategic Alliance With Grupo Clarin In Argentina
- Grupo Clarin purchases a 49% equity interest in Nextel Argentina and an option to acquire the remaining 51% pending regulatory approvals - Total consideration for the transaction is $178 million RESTON, Va., Sept. 14, 2015 /PRNewswire/ -- NII Holdings, Inc. (NASDAQ: NIHD) today announced a strategic alliance with Grupo Clarin in Argentina.  In connection with the transaction, Grupo Clarin acquired a 49% equity interest in Nextel Argentina and an option to acquire the remaining 51% equi... 
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August 24, 2015NII Holdings Announces New President of Nextel Brazil and Appointment of Board Member
RESTON, Va., Aug. 24, 2015 /PRNewswire/ -- NII Holdings, Inc. (NASDAQ: NIHD), a provider of differentiated mobile communication services operating under the Nextel brand in Brazil and Argentina, announced today that Francisco Tosta Valim Filho has been appointed as President, Nextel Brazil, effective August 25, 2015.  Mr. Valim will be employed by Nextel Telecomunicacoes Ltda., the Company's Brazilian operating subsidiary, and will report directly to NII's Chief Executive Officer, Steve Shindler... 
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