2017 Press Releases

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August 09, 2017

NII Holdings Reports 2017 Second Quarter Results

- Announces extension of standstill agreements and preliminary non-binding agreements with bank lenders on key terms for loan amendments - Updates guidance for operational free cash burn - Operating revenues of $225 million for the second quarter -- 3G service and other revenues remained co

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July 24, 2017

NII Holdings announces completion of $50 million investment by AINMT for 30% stake in Nextel Brazil

RESTON, Va., July 24, 2017 /PRNewswire/ -- NII Holdings, Inc. (NASDAQ: NIHD) ("NII") and AINMT Holdings AB ("AINMT"), an international telecommunications company and parent of the Norwegian operator ice, the fastest growing mobile network operator in Norway, announced today that AINMT completed its

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June 06, 2017

NII Holdings and AINMT announce partnership to invest in Nextel Brazil's growth strategy

- The partnership is expected to provide Nextel Brazil with increased liquidity to revitalize the business - A new data-centric growth strategy for Nextel Brazil, building on the strengths of both parties - Strong brand position, top net promoter score rankings and highly valuable assets enabl

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May 17, 2017

Board Of Directors Of NII Holdings Issues Statement

RESTON, Va., May 17, 2017 /PRNewswire/ -- The Board of Directors of NII Holdings, Inc. [NASDAQ: NIHD] has issued the following statement to the stockholders of the Company: Effective May 17, 2017, Ricardo Knoepfelmacher has stepped down from the Corporate Governance and Nominating Committee of th

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May 10, 2017

NII Holdings Reports 2017 First Quarter Results

- Operating revenues of $251 million for the first quarter -- 3G service and other revenues increased 6% year-over-year in local currency - Operating loss of $80 million for the first quarter -- First quarter results include $68 million of non-cash asset impairment charges - Adjusted ope

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April 25, 2017

NII Holdings Announces Change To Nextel Brazil Management Team

RESTON, Va., April 25, 2017 /PRNewswire/ -- NII Holdings, Inc. [NASDAQ: NIHD] (the "Company"), today announced that Roberto Rittes has been appointed as Nextel Brazil's new CEO. Mr. Rittes, 43, brings over a decade of senior level experience, having served as a key officer for Brazilian telecom comp

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March 09, 2017

NII Holdings Reports 2016 Fourth Quarter And Year-End Results

- Operating revenues of $248 million for the fourth quarter and $985 million for the full year -- 3G service and other revenues increased 24% year-over-year in local currency - Operating loss of $57 million for the fourth quarter and $1.53 billion for the full year -- Full year results incl

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March 01, 2017

NII Holdings Announces Amendments To Credit Agreements And Receipt Of Bank Covenant Waivers In Brazil

RESTON, Va., March 1, 2017 /PRNewswire/ -- NII Holdings, Inc. [NASDAQ: NIHD] today announced that Nextel Brazil, its wholly-owned operating subsidiary, entered into amendments to its credit agreements with Banco do Brazil and Caixa Econômica Federal. Additionally, Nextel Brazil has secured waivers f

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