NII Holdings (NIHDQ) 0.0571 $NIHDQ
NII Holdings Announces First Quarter 2015 Results
PR Newswire - Thu May 07, 7:00AM CDT
NII Holdings, Inc. [OTC: NIHDQ] today announced its consolidated financial results for the first quarter of 2015, which include the Company's operations in Mexico that were sold to AT&T on April 30, 2015. The Company reported 165,000 total net subscriber additions for the quarter driven by growth on its 3G networks in both Brazil and Mexico. The Company ended the quarter with 9.3 million total subscribers, a 2 percent increase from a year ago. Financial results for the first quarter of 2015 included consolidated operating revenues of $764 million, a 20 percent decrease compared to the first quarter of 2014; a consolidated adjusted OIBDA loss of $21 million, which excludes the impact of non-cash asset impairments, restructuring charges and other unusual items; and a consolidated operating loss of $165 million. For the first quarter of 2015, the Company generated a net loss from continuing operations of $309 million. Capital expenditures were $27 million for the quarter. The Company ended the first quarter with $774 million in consolidated cash, cash equivalents and short-term investments.
NII Holdings completes Nextel Mexico sale to AT&T
M2 - Fri May 01, 8:01AM CDT
NII Holdings, Inc. (OTC: NIHDQ) said it has completed the sale of its Mexican operations to AT&T (NYSE: T) for an aggregate purchase price of USD1.875 billion.
T: 34.33 (+0.20)
NII Holdings Announces Completion of Nextel Mexico Sale to AT&T
PR Newswire - Thu Apr 30, 3:55PM CDT
NII Holdings, Inc. today announced it has completed the previously announced sale of its Mexican operations to AT&T (NYSE: T) for an aggregate purchase price of $1.875 billion, subject to customary post-closing adjustments. After deducting Nextel Mexico's outstanding indebtedness net of its cash balance and applying estimates of other specified purchase price adjustments at closing, NII received $1.448 billion of net proceeds, including $187.5 million of cash placed in escrow to secure specified indemnity obligations. The Company used $350.5 million of the net proceeds from the sale to repay in full the outstanding principal and accrued interest due under its debtor-in-possession loan that it borrowed in March 2015.
T: 34.33 (+0.20)
AT&T Completes Acquisition of Nextel Mexico
PR Newswire - Thu Apr 30, 3:48PM CDT
AT&T1 has completed its acquisition of companies operating under the name Nextel Mexico from NII Holdings, Inc., including spectrum licenses, network assets, retail stores and subscribers in Mexico, for $1.875 billion, less approximately $427 million of net debt and other adjustments.
T: 34.33 (+0.20)
NII Holdings reports Q4 subscriber growth
M2 - Wed Mar 11, 6:27AM CDT
NII Holdings, Inc. (OTC: NIHDQ) said that for the fourth quarter of 2014, the company reported 129,000 net subscriber additions, marking the first quarter the company has achieved consolidated subscriber growth since the second quarter of 2013.
NII Holdings Announces 2014 Fourth Quarter And Year-End Results
PR Newswire - Tue Mar 10, 4:07PM CDT
NII Holdings, Inc. today announced its consolidated financial results for the fourth quarter and full year 2014. For the fourth quarter of 2014, the Company reported 129,000 net subscriber additions, marking the first quarter the Company has achieved consolidated subscriber growth since the second quarter of 2013. Financial results for the fourth quarter of 2014 include consolidated operating revenues of $854 million, a consolidated adjusted OIBDA loss of $83 million, and a consolidated operating loss of $336 million. Consolidated adjusted OIBDA results for the quarter and the full year exclude the impact of non-cash asset impairments, restructuring charges and other unusual items. Capital expenditures were $132 million for the fourth quarter of 2014.
NII Holdings reaches restructuring agreement
M2 - Mon Mar 09, 8:33AM CDT
NII Holdings, Inc. (OTCPK: NIHDQ), on behalf of itself and certain of its wholly-owned subsidiaries that previously sought Chapter 11 protection in the US Bankruptcy Court for the Southern District of New York, said it has announced that the NII debtors have reached an agreement with the holders of greater than 70 percent in amount of the senior notes issued by each of NII Capital Corp. and NII International Telecom S.C.A., and the official committee of unsecured creditors regarding the terms of a revised plan of reorganization to be implemented in the NII Debtors' Chapter 11 cases.
Penny Stocks' Buzzers - New Energy Technologies, Dewmar International BMC, First Colombia Gold, AMARANTUS BIOSCIENCE, NII Holdings, and Bank of Ireland
PR Newswire - Mon Mar 02, 7:45AM CST
Pennystocksinsiders.com (PSI) released FREE insider trading reports for US market investors to track the following active stocks and penny stocks: New Energy Technologies (OTCMKTS:NENE), Dewmar International BMC (OTCMKTS
EWM), First Colombia Gold (OTCMKTS:FCGD), AMARANTUS BIOSCIENCE (OTCBB:AMBS), NII Holdings (OTCMKTS:NIHDQ), and Bank of Ireland (OTCMKTS:IREBY).
Big costs drag AT&T to 4Q loss, but revenue up 4 percent
AP - Tue Jan 27, 4:30PM CST
DALLAS (AP) — AT&T booked a nearly $4 billion loss for the fourth quarter because of a slew of one-time expenses that included a loss on benefit plans, but its revenue grew 4 percent to top expectations.
T: 34.33 (+0.20), S: 4.82 (+0.08)
AT&T to acquire Nextel Mexico from NII Holdings for USD1.875bn
M2 - Tue Jan 27, 4:18AM CST
US communications holding company AT&T (NYSE:T) announced on Monday that it has entered into an agreement with NII Holdings Inc (Nasdaq:NIHD) to acquire its wireless business in Mexico for USD1.875bn, less the outstanding net debt of the business at closing, in a transaction pursuant to Section 363 of the US Bankruptcy Code.
T: 34.33 (+0.20)
NII Holdings to sell Nextel Mexico to AT&T for USD1.875bn
M2 - Tue Jan 27, 4:07AM CST
NII Holdings Inc (Nasdaq:NIHD), a provider of differentiated mobile communication services for businesses and high value consumers in Latin America, announced on Monday an agreement to sell its Mexican operations operated by its indirect subsidiary, Nextel de Mexico, S.A de C.V (Nextel Mexico), to AT&T (NYSE:T) for USD1.875bn, less the outstanding net debt of the business at closing.
T: 34.33 (+0.20)
AT&T buying Nextel Mexico from NII Holdings
AP - Mon Jan 26, 6:41AM CST
DALLAS (AP) — AT&T is buying Nextel Mexico from NII Holdings for about $1.88 billion, minus the company's debt.
T: 34.33 (+0.20)
AT&T to Acquire Nextel Mexico
M2 - Mon Jan 26, 6:18AM CST
AT&T1 has entered into an agreement with NII Holdings, Inc. to acquire its wireless business in Mexico for US$1.875 billion, less the outstanding net debt of the business at closing, in a transaction pursuant to Section 363 of the U.S. Bankruptcy Code. Under terms of the agreement, AT&T will acquire companies, which operate under the name Nextel Mexico, holding all of NII's wireless properties in Mexico, including spectrum licenses, network assets, retail stores and approximately 3 million subscribers.
T: 34.33 (+0.20)
NII Holdings Announces Agreement to Sell Nextel Mexico
PR Newswire - Mon Jan 26, 5:40AM CST
NII Holdings, Inc. today announced that it has agreed to sell its Mexican operations operated by its indirect subsidiary, Nextel de Mexico, S.A. de C.V. ("Nextel Mexico"
to AT&T (NYSE:T) for $1.875 billion, less the outstanding net debt of the business at closing.
T: 34.33 (+0.20)
Bankruptcy Count Lowest Ever; Uptick Anticipated | Health Care Filings Lead Count
PRWeb - Fri Jan 09, 2:09AM CST
BankruptcyData.com's analysis indicates that 2014's corporate bankruptcy count represents the fewest number of public companies seeking U.S. Bankruptcy Court protection since at least 1980--and perhaps ever. Only 54 publicly traded companies filed for Chapter 7/Chapter 11 protection last year with a total of $71.9 billion in combined pre-petition assets.
NII Holdings Announces Restructuring Agreement
PR Newswire - Mon Nov 24, 3:01PM CST
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 District of New York following negotiations between and among the Company and such stakeholders.
Carl Icahn Activist Project Hertz Takes A Tumble
at The Street - Fri Nov 14, 12:34PM CST
NII Holdings Inc (OTCMKTS:NIHDQ), Uranium Energy Corp. (NYSEMKT:UEC) and Pandora Media Inc (NYSE
) reached the middle of the day with noteworthy gains this Friday. In the red today are Abengoa Yiel...
HTZ: 20.60 (+1.04), P: 18.31 (-0.50), OCN: 10.03 (unch), ABY: 37.27 (+0.14)
NII Holdings Announces Third Quarter 2014 Results
PR Newswire - Mon Nov 10, 6:00AM CST
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 with subscriber losses in Mexico offsetting subscriber additions in Brazil. On a consolidated basis, the Company ended the quarter with 9.1 million subscribers, a 5 percent decrease from a year ago. Financial results for the third quarter include consolidated operating revenues of $927 million, a 15 percent decrease compared to the third quarter of 2013; consolidated adjusted OIBDA loss of $10 million, which excludes the impact of non-cash asset impairments, restructuring charges and other unusual items, including an in-period gain of $75 million on the completion of the sale of towers in Mexico; and a consolidated operating loss of $213 million. For the third quarter of 2014, the Company generated a net loss from continuing operations of $457 million. Capital expenditures were $56 million for the quarter. The Company ended the third quarter with $740 million in consolidated cash and investments.
Delisting of Securities of ALCO Stores, Inc., GeoMet, Inc., NII Holdings, Inc. KiOR, Inc., and Kips Bay Medical, Inc. From The Nasdaq Stock Market
GlobeNewswire - Fri Oct 24, 3:05PM CDT
The Nasdaq Stock Market announced today that it will delist the common stock of ALCO Stores, Inc. ALCO Stores, Inc.'s stock was suspended on October 22, 2014 and has not traded on Nasdaq since that time.
NDAQ: 51.19 (-0.26)
NII Holdings Announces First Quarter 2015 Results
PR Newswire - Thu May 07, 7:00AM CDT
NII Holdings, Inc. [OTC: NIHDQ] today announced its consolidated financial results for the first quarter of 2015, which include the Company's operations in Mexico that were sold to AT&T on April 30, 2015. The Company reported 165,000 total net subscriber additions for the quarter driven by growth on its 3G networks in both Brazil and Mexico. The Company ended the quarter with 9.3 million total subscribers, a 2 percent increase from a year ago. Financial results for the first quarter of 2015 included consolidated operating revenues of $764 million, a 20 percent decrease compared to the first quarter of 2014; a consolidated adjusted OIBDA loss of $21 million, which excludes the impact of non-cash asset impairments, restructuring charges and other unusual items; and a consolidated operating loss of $165 million. For the first quarter of 2015, the Company generated a net loss from continuing operations of $309 million. Capital expenditures were $27 million for the quarter. The Company ended the first quarter with $774 million in consolidated cash, cash equivalents and short-term investments.
NII Holdings completes Nextel Mexico sale to AT&T
M2 - Fri May 01, 8:01AM CDT
NII Holdings, Inc. (OTC: NIHDQ) said it has completed the sale of its Mexican operations to AT&T (NYSE: T) for an aggregate purchase price of USD1.875 billion.
T: 34.33 (+0.20)
NII Holdings Announces Completion of Nextel Mexico Sale to AT&T
PR Newswire - Thu Apr 30, 3:55PM CDT
NII Holdings, Inc. today announced it has completed the previously announced sale of its Mexican operations to AT&T (NYSE: T) for an aggregate purchase price of $1.875 billion, subject to customary post-closing adjustments. After deducting Nextel Mexico's outstanding indebtedness net of its cash balance and applying estimates of other specified purchase price adjustments at closing, NII received $1.448 billion of net proceeds, including $187.5 million of cash placed in escrow to secure specified indemnity obligations. The Company used $350.5 million of the net proceeds from the sale to repay in full the outstanding principal and accrued interest due under its debtor-in-possession loan that it borrowed in March 2015.
T: 34.33 (+0.20)
AT&T Completes Acquisition of Nextel Mexico
PR Newswire - Thu Apr 30, 3:48PM CDT
AT&T1 has completed its acquisition of companies operating under the name Nextel Mexico from NII Holdings, Inc., including spectrum licenses, network assets, retail stores and subscribers in Mexico, for $1.875 billion, less approximately $427 million of net debt and other adjustments.
T: 34.33 (+0.20)
NII Holdings reports Q4 subscriber growth
M2 - Wed Mar 11, 6:27AM CDT
NII Holdings, Inc. (OTC: NIHDQ) said that for the fourth quarter of 2014, the company reported 129,000 net subscriber additions, marking the first quarter the company has achieved consolidated subscriber growth since the second quarter of 2013.
NII Holdings Announces 2014 Fourth Quarter And Year-End Results
PR Newswire - Tue Mar 10, 4:07PM CDT
NII Holdings, Inc. today announced its consolidated financial results for the fourth quarter and full year 2014. For the fourth quarter of 2014, the Company reported 129,000 net subscriber additions, marking the first quarter the Company has achieved consolidated subscriber growth since the second quarter of 2013. Financial results for the fourth quarter of 2014 include consolidated operating revenues of $854 million, a consolidated adjusted OIBDA loss of $83 million, and a consolidated operating loss of $336 million. Consolidated adjusted OIBDA results for the quarter and the full year exclude the impact of non-cash asset impairments, restructuring charges and other unusual items. Capital expenditures were $132 million for the fourth quarter of 2014.
NII Holdings reaches restructuring agreement
M2 - Mon Mar 09, 8:33AM CDT
NII Holdings, Inc. (OTCPK: NIHDQ), on behalf of itself and certain of its wholly-owned subsidiaries that previously sought Chapter 11 protection in the US Bankruptcy Court for the Southern District of New York, said it has announced that the NII debtors have reached an agreement with the holders of greater than 70 percent in amount of the senior notes issued by each of NII Capital Corp. and NII International Telecom S.C.A., and the official committee of unsecured creditors regarding the terms of a revised plan of reorganization to be implemented in the NII Debtors' Chapter 11 cases.
Penny Stocks' Buzzers - New Energy Technologies, Dewmar International BMC, First Colombia Gold, AMARANTUS BIOSCIENCE, NII Holdings, and Bank of Ireland
PR Newswire - Mon Mar 02, 7:45AM CST
Pennystocksinsiders.com (PSI) released FREE insider trading reports for US market investors to track the following active stocks and penny stocks: New Energy Technologies (OTCMKTS:NENE), Dewmar International BMC (OTCMKTS
EWM), First Colombia Gold (OTCMKTS:FCGD), AMARANTUS BIOSCIENCE (OTCBB:AMBS), NII Holdings (OTCMKTS:NIHDQ), and Bank of Ireland (OTCMKTS:IREBY). Big costs drag AT&T to 4Q loss, but revenue up 4 percent
AP - Tue Jan 27, 4:30PM CST
DALLAS (AP) — AT&T booked a nearly $4 billion loss for the fourth quarter because of a slew of one-time expenses that included a loss on benefit plans, but its revenue grew 4 percent to top expectations.
T: 34.33 (+0.20), S: 4.82 (+0.08)
AT&T to acquire Nextel Mexico from NII Holdings for USD1.875bn
M2 - Tue Jan 27, 4:18AM CST
US communications holding company AT&T (NYSE:T) announced on Monday that it has entered into an agreement with NII Holdings Inc (Nasdaq:NIHD) to acquire its wireless business in Mexico for USD1.875bn, less the outstanding net debt of the business at closing, in a transaction pursuant to Section 363 of the US Bankruptcy Code.
T: 34.33 (+0.20)
NII Holdings to sell Nextel Mexico to AT&T for USD1.875bn
M2 - Tue Jan 27, 4:07AM CST
NII Holdings Inc (Nasdaq:NIHD), a provider of differentiated mobile communication services for businesses and high value consumers in Latin America, announced on Monday an agreement to sell its Mexican operations operated by its indirect subsidiary, Nextel de Mexico, S.A de C.V (Nextel Mexico), to AT&T (NYSE:T) for USD1.875bn, less the outstanding net debt of the business at closing.
T: 34.33 (+0.20)
AT&T buying Nextel Mexico from NII Holdings
AP - Mon Jan 26, 6:41AM CST
DALLAS (AP) — AT&T is buying Nextel Mexico from NII Holdings for about $1.88 billion, minus the company's debt.
T: 34.33 (+0.20)
AT&T to Acquire Nextel Mexico
M2 - Mon Jan 26, 6:18AM CST
AT&T1 has entered into an agreement with NII Holdings, Inc. to acquire its wireless business in Mexico for US$1.875 billion, less the outstanding net debt of the business at closing, in a transaction pursuant to Section 363 of the U.S. Bankruptcy Code. Under terms of the agreement, AT&T will acquire companies, which operate under the name Nextel Mexico, holding all of NII's wireless properties in Mexico, including spectrum licenses, network assets, retail stores and approximately 3 million subscribers.
T: 34.33 (+0.20)
NII Holdings Announces Agreement to Sell Nextel Mexico
PR Newswire - Mon Jan 26, 5:40AM CST
NII Holdings, Inc. today announced that it has agreed to sell its Mexican operations operated by its indirect subsidiary, Nextel de Mexico, S.A. de C.V. ("Nextel Mexico"
to AT&T (NYSE:T) for $1.875 billion, less the outstanding net debt of the business at closing. T: 34.33 (+0.20)
Bankruptcy Count Lowest Ever; Uptick Anticipated | Health Care Filings Lead Count
PRWeb - Fri Jan 09, 2:09AM CST
BankruptcyData.com's analysis indicates that 2014's corporate bankruptcy count represents the fewest number of public companies seeking U.S. Bankruptcy Court protection since at least 1980--and perhaps ever. Only 54 publicly traded companies filed for Chapter 7/Chapter 11 protection last year with a total of $71.9 billion in combined pre-petition assets.
NII Holdings Announces Restructuring Agreement
PR Newswire - Mon Nov 24, 3:01PM CST
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 District of New York following negotiations between and among the Company and such stakeholders.
Carl Icahn Activist Project Hertz Takes A Tumble
at The Street - Fri Nov 14, 12:34PM CST
NII Holdings Inc (OTCMKTS:NIHDQ), Uranium Energy Corp. (NYSEMKT:UEC) and Pandora Media Inc (NYSE
) reached the middle of the day with noteworthy gains this Friday. In the red today are Abengoa Yiel... HTZ: 20.60 (+1.04), P: 18.31 (-0.50), OCN: 10.03 (unch), ABY: 37.27 (+0.14)
NII Holdings Announces Third Quarter 2014 Results
PR Newswire - Mon Nov 10, 6:00AM CST
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 with subscriber losses in Mexico offsetting subscriber additions in Brazil. On a consolidated basis, the Company ended the quarter with 9.1 million subscribers, a 5 percent decrease from a year ago. Financial results for the third quarter include consolidated operating revenues of $927 million, a 15 percent decrease compared to the third quarter of 2013; consolidated adjusted OIBDA loss of $10 million, which excludes the impact of non-cash asset impairments, restructuring charges and other unusual items, including an in-period gain of $75 million on the completion of the sale of towers in Mexico; and a consolidated operating loss of $213 million. For the third quarter of 2014, the Company generated a net loss from continuing operations of $457 million. Capital expenditures were $56 million for the quarter. The Company ended the third quarter with $740 million in consolidated cash and investments.
Delisting of Securities of ALCO Stores, Inc., GeoMet, Inc., NII Holdings, Inc. KiOR, Inc., and Kips Bay Medical, Inc. From The Nasdaq Stock Market
GlobeNewswire - Fri Oct 24, 3:05PM CDT
The Nasdaq Stock Market announced today that it will delist the common stock of ALCO Stores, Inc. ALCO Stores, Inc.'s stock was suspended on October 22, 2014 and has not traded on Nasdaq since that time.
NDAQ: 51.19 (-0.26)
