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NII Holdings Inc (NIHD.OQ)

NIHD.OQ on NASDAQ Stock Exchange Global Select Market

1.93USD
18 Apr 2019
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Latest Key Developments (Source: Significant Developments)

NII Holdings Announces Sale Of Nextel Brazil To América Móvil
Monday, 18 Mar 2019 

March 18 (Reuters) - NII Holdings Inc ::NII HOLDINGS ANNOUNCES SALE OF NEXTEL BRAZIL TO AMÉRICA MÓVIL.NII HOLDINGS INC - PROPOSED DEAL FOR AGGREGATE PURCHASE PRICE OF $905 MILLION LESS NET DEBT.NII HOLDINGS INC - NII WILL RECEIVE 70% OF FINAL NET PROCEEDS AFTER DEDUCTING A $2 MILLION PREFERRED SHARE RETURN DUE TO AI BRAZIL.NII HOLDINGS INC - AMÉRICA MÓVIL WILL PLACE $30 MILLION OF NII'S PORTION OF NET PROCEEDS INTO AN 18-MONTH ESCROW ACCOUNT.NII HOLDINGS INC - BOARD OF DIRECTORS HAS ALSO APPROVED PLAN TO DISSOLVE AND WIND UP NII AFTER CLOSING OF TRANSACTION.NII HOLDINGS INC - IF DEAL IS TERMINATED UNDER SPECIFIC CIRCUMSATNCES, NII MAY BE REQUIRED TO PAY A TERMINATION FEE OF $25 MILLION TO AMÉRICA MÓVIL..NII HOLDINGS INC - AGREED TO SELL ITS 30% INTEREST IN NEXTEL BRAZIL.NII HOLDINGS INC - AMÉRICA MÓVIL WILL BE SOLE OWNER OF NEXTEL BRAZIL FOLLOWING TRANSACTION.NII HOLDINGS - PRELIMINARY ESTIMATE OF AMOUNTS THAT WILL BE AVAILABLE FOR DISTRIBUTION TO STOCKHOLDERS RELATING TO DEAL IS $1.00 TO $1.50 PER SHARE.NII HOLDINGS INC - THAT IF DEAL TO SELL NEXTEL BRAZIL IS CONSUMMATED, AI BRAZIL WILL BE ENTITLED TO FIRST $10 MILLION, 6% OF ADDITIONAL AMOUNTS RECOVERED.  Full Article

NII Holdings Quarterly Loss Per Share $0.04
Monday, 18 Mar 2019 

March 18 (Reuters) - NII Holdings Inc ::NII HOLDINGS REPORTS 2018 FOURTH QUARTER AND YEAR END RESULTS.Q4 REVENUE $142 MILLION.QUARTERLY LOSS PER SHARE $0.04.QUARTERLY EARNINGS PER SHARE FROM CONTINUING OPNS $0.02.  Full Article

NII Holdings Quarterly Loss Per Share $0.50
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - NII Holdings Inc ::NII HOLDINGS REPORTS 2018 THIRD QUARTER RESULTS.Q3 REVENUE $142 MILLION.QUARTERLY LOSS PER SHARE $0.50.  Full Article

Nii Holdings Announces Pricing Of Convertible Notes Offering
Thursday, 9 Aug 2018 

Aug 9 (Reuters) - NII Holdings Inc ::NII HOLDINGS ANNOUNCES PRICING OF CONVERTIBLE NOTES OFFERING.NII HOLDINGS INC - PRICED ITS OFFERING OF $100 MILLION AGGREGATE PRINCIPAL AMOUNT OF 4.25% CONVERTIBLE SENIOR NOTES DUE 2023.NII HOLDINGS INC IS EXPECTED TO GRANT INITIAL PURCHASERS 30-DAY OPTION TO PURCHASE UP TO ADDITIONAL $15 MILLION AGGREGATE PRINCIPAL AMOUNT OF NOTES.NII HOLDINGS INC - ESTIMATES THAT NET PROCEEDS FROM OFFERING OF NOTES WILL BE ABOUT $95.4 MILLION.  Full Article

Nii Holdings Announces Proposed Offering Of Convertible Notes
Wednesday, 8 Aug 2018 

Aug 7 (Reuters) - NII Holdings Inc ::NII HOLDINGS ANNOUNCES PROPOSED OFFERING OF CONVERTIBLE NOTES.NII HOLDINGS - ANNOUNCED INTENTION TO SELL $75 MILLION AGGREGATE PRINCIPAL AMOUNT OF CONVERTIBLE SENIOR NOTES DUE 2023.  Full Article

NII Holdings reports Q3 revenue of $205 million
Thursday, 9 Nov 2017 

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 

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

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Mexico's America Movil to buy Nextel's Brazil operation: filing

SAO PAULO Mexico's America Movil, which controls telecom operator Claro in Brazil, said on Monday that it will acquire 100 percent of rival Nextel's Brazil operation, allowing for consolidation in the country's already crowded sector. Claro will pay 905 million dollars for the company, which is controlled by mobile service company Nii Holdings Inc. The company had been on sale for months, as Reuters reported in June that Nii Holdings had hired new banks as it sought a buyer.