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