Company Profile For NII Holdings, Inc.

NII Holdings, Inc. (NIHD.O) (Nasdaq)
sector: Telecommunications Services · industry: Wireless Telecommunications Services ·
As of  27 Nov 2009
30.23USD
Price Change
-0.67
Percent Change
-2.17%
 
 
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Overview

NII Holdings, Inc. (NII Holdings) provides digital wireless communication services primarily targeted at meeting the needs of business customers through operating companies located in selected Latin American markets. The Company’s principal operations are in business centers and related transportation corridors of Mexico, Brazil, Argentina, Peru and Chile. The Company uses a wireless transmission technology called integrated digital enhanced network (iDEN) technology, developed by Motorola, Inc., to provide its mobile services on 800 megahertz spectrum holdings in all of its markets.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, NII Holdings, Inc.'s revenues decreased 3% to $1.14B. Net income increased 39% to $117M. Revenues reflect a decrease in service & other revenues. Net income reflects lower selling, general & administrative expenses, decreased amortization charges, lower interest expenses, the presences of foreign currency transaction gains vs. a loss and the presences of other income vs. a expenses.

Company Address

NII Holdings, Inc.
10700 Parkridge Boulevard
Suite 600
Reston   VA   20191
P: +1703.3905100

Total Employees

12299

Find Out More About NIHD.O

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