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2014 Press Releases


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November 24, 2014NII Holdings Announces Restructuring Agreement
RESTON, Va., Nov. 24, 2014 /PRNewswire/ -- NII Holdings, Inc. [OTCPK: NIHDQ] today announced that the Company and twelve of its wholly-owned subsidiaries, which previously sought bankruptcy protection, have reached an agreement with their major stakeholders, including their two largest creditors and the official committee of unsecured creditors, on the material terms of a reorganization plan to be implemented in their chapter 11 cases pending in the U.S. Bankruptcy Court for the Southern Distric... 
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November 10, 2014NII Holdings Announces Third Quarter 2014 Results
- Net loss of 40,000 subscribers, resulting in an ending subscriber base of 9.1 million - Consolidated operating revenues of $927 million - Consolidated adjusted operating loss before depreciation and amortization (adjusted OIBDA loss) of $10 million RESTON, Va., Nov. 10, 2014 /PRNewswire/ -- NII Holdings, Inc. (OTC: NIHDQ) today announced its consolidated financial results for the third quarter of 2014. The Company reported a net loss of 40,000 subscribers for the quarter w... 
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September 15, 2014NII Holdings Announces Voluntary Filing For Relief Under Chapter 11
RESTON, Va., Sept. 15, 2014 /PRNewswire/ -- NII Holdings, Inc. (NASDAQ: NIHD) today announced that the Company and certain of its U.S. and Luxembourg-based subsidiaries commenced chapter 11 proceedings under the U.S. Bankruptcy Code for the Southern District of New York as the first step to restructuring its debt obligations and  to improve the Company's liquidity. The Company has been in discussions with its major stakeholders over the last several months and is optimistic that those discussion... 
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August 15, 2014NII Holdings Announces Decision On Payment Of Interest On Its Senior Notes
RESTON, Va., Aug. 15, 2014 /PRNewswire/ -- NII Holdings, Inc. (NASDAQ: NIHD) announced today that is has elected not to pay approximately $118.8 million in interest due on August 15, 2014 on senior notes issued by its subsidiaries NII Capital Corp. and NII International Telecom, S.C.A.  Under the terms of the indentures for the senior notes, there is a 30-day grace period during which the Company may elect to make the interest payments and cure any potential non-payment claims. As previously ... 
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August 11, 2014NII Holdings Announces Second Quarter 2014 Results
-- Net loss of 77,000 subscribers, resulting in an ending subscriber base of 9.4 million subscribers -- Consolidated operating revenues of $969 million -- Consolidated adjusted operating loss before depreciation and amortization (adjusted OIBDA) of ($137) million RESTON, Va., Aug. 11, 2014 /PRNewswire/ -- NII Holdings, Inc. (NASDAQ: NIHD) today announced its consolidated financial results for the second quarter of 2014. The Company reported a net loss of 77,000 subscribers for the qua... 
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August 08, 2014NII Holdings To Announce Second Quarter 2014 Results On Monday, August 11
RESTON, Va., Aug. 8, 2014 /PRNewswire/ -- NII Holdings, Inc. (NASDAQ: NIHD) will announce its consolidated financial results for the second quarter of 2014 after the market closes on Monday, August 11. The Company will not host a financial results conference call this quarter. Financial and operational information related to the Company's second quarter results  will be available in the Company's Form 10-Q, earnings press release, and earnings presentation, which will be posted to the Invest... 
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July 08, 2014NII Holdings, Inc. Announces Changes To Executive Management Team
RESTON, Va., July 8, 2014 /PRNewswire/ -- NII Holdings, Inc. [NASDAQ: NIHD], a provider of differentiated mobile communication services operating under the Nextel brand in Latin America, today announced that Salvador Alvarez will join the company as President, Nextel Mexico on July 14 and John McMahon, Interim President of Nextel Mexico, will be leaving Nextel Mexico and NII on July 31.   Mr. Alvarez has served in a variety of leadership roles both in Latin America and internationally. Most ... 
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May 12, 2014NII Holdings Announces First Quarter 2014 Results
-- Net loss of 52,000 subscribers, resulting in an ending subscriber base of 9.4 million subscribers -- Consolidated operating revenues of $970 million -- Consolidated adjusted operating loss before depreciation and amortization (adjusted OIBDA) of $84 million RESTON, Va., May 12, 2014 /PRNewswire/ -- NII Holdings, Inc. [NASDAQ: NIHD] today announced its consolidated financial results for the first quarter of 2014. The Company reported a net loss of 52,000 subscribers for the quarter,... 
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May 01, 2014NII Holdings to Host Conference Call
RESTON, Va., May 1, 2014 /PRNewswire/ -- NII Holdings, Inc., (NASDAQ: NIHD), will host its first quarter 2014 results conference call with its senior management. When: Monday, May 12, 2014 Time: 8:30 AM -9:15AM EDT Phone: Domestic +1 800 741 4871 pass-code: NII HOLDINGS International +1 212 231 2914 pass-code: NII HOLDINGS   All participants are ... 
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March 10, 2014NII Holdings Retains Financial Advisors To Explore Strategic And Capital Structure Alternatives
RESTON, Va., March 10, 2014 /PRNewswire/ -- NII Holdings, Inc. (NASDAQ: NIHD) today announced that it has retained UBS Investment Bank as its financial advisor to explore and advise the company on potential strategic opportunities, including creating partnerships or alliances, selling or merging one or more of the company's business units or other strategic transactions involving the entire company. Concurrently, the company has retained Rothschild Inc. as its financial advisor to explore and ad... 
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February 28, 2014NII Holdings Announces 2013 Fourth Quarter and Year-End Results
- Full year 2013 net loss of 213,000 subscribers, resulting in an ending subscriber base of 9.5 million subscribers - Full year 2013 consolidated operating revenues of $4.8 billion - Full year 2013 consolidated adjusted operating income before depreciation and amortization (adjusted OIBDA) of $324 million RESTON, Va., Feb. 28, 2014 /PRNewswire/ -- NII Holdings, Inc. [NASDAQ: NIHD] today announced its consolidated financial results for the fourth quarter and full year 2013. For the ful... 
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February 14, 2014NII Holdings to Host Conference Call
RESTON, Va., Feb. 14, 2014 /PRNewswire/ -- NII Holdings, Inc., [NASDAQ: NIHD], will host its fourth quarter and year end 2013 results conference call with its senior management. When:   Friday, February 28, 2014 Time:    8:30 AM -9:15 AM EST Phone:  Domestic          +1 800 743 9807 pass-code: NII HOLDINGS              International      +1 212 231 2908 pass-code: NII HOLDINGS All part... 
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January 21, 2014NII Holdings Launches Real-Time Push-to-Talk PRIP™ Service for the iPhone in the U.S.
PRIP is now available for 97 percent of smartphone users in the U.S. and offers the original PTT experience of instant communication at the low cost of $1.99 per month RESTON, Va., Jan. 21, 2014 /PRNewswire/ -- NII Holdings, Inc. [NASDAQ: NIHD], a provider of differentiated mobile communication services operating under the Nextel brand in Latin America, today announced that PRIP™, its advanced Push-to-Talk (PTT) app, is now available on the iPhone in the United States. Built upon Motorola M... 
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January 17, 2014NII Holdings Announces Agreement with Apple to Bring iPhone to its Nextel Brazil Operations
RESTON, Va., Jan. 17, 2014 /PRNewswire/ -- NII Holdings, Inc. (NASDAQ: NIHD), a provider of differentiated mobile communication services operating under the Nextel brand in Latin America, today announced it will offer iPhone 5s, the most forward-thinking smartphone in the world, and iPhone 5c, the most colorful iPhone yet, to Nextel Brazil customers beginning January 31, 2014.  Customers may pre-register interest today at www.nextel.com.br. For more information, please visit www.nextel.com.b... 
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January 13, 2014Telefonica And NII Holdings Sign Agreements To Provide Wholesale Voice And Data Services To Nextel In Brazil And Mexico
-- The agreements significantly expand Nextel's voice and data coverage in Brazil and Mexico using Telefonica's networks, while increasing the efficiency of infrastructure investments for both parties MADRID and RESTON, Va., Jan. 13, 2014 /PRNewswire/ -- Telefonica [NYSE: TEF] and NII Holdings [NASDAQ: NIHD]  have signed agreements whereby Telefonica will provide NII's subsidiaries, operating under the Nextel brand in Brazil and Mexico, nationwide voice and data coverage services on Telefon... 
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