NII Holdings, Inc.

Equities

NIHD

US62913F5089

Delayed Nasdaq Other stock markets			5-day change	1st Jan Change
- ^USD	-.--%		+0.46%	-.--%

2020	NII Holdings, Inc Provides Information to Shareholders	CI
2020	NII Holdings, Inc.(NasdaqGM:NIHD) dropped from NASDAQ Telecom Index	CI

NII Holdings Inc. Announces Unaudited Consolidated Financial Results for the Fourth Quarter and Full Year Ended December 31, 2016; Reports Asset Impairment Charges for the Fourth Quarter Ended December 31, 2016

March 09, 2017 at 12:30 pm

NII Holdings Inc. announced unaudited consolidated financial results for the fourth quarter, six months and full year ended December 31, 2016. For the fourth quarter, the company's operating revenues were USD 248.4 million against USD 244.8 million a year ago. Operating loss was USD 57.3 million against USD 82.1 million a year ago. Loss from continuing operations before reorganization items and income tax provision was USD 85.1 million against USD 95.4 million a year ago. Net loss from continuing operations was USD 84.8 million or USD 0.84 per basic and diluted share against USD 90.6 million or USD 0.90 per basic and diluted share a year ago. Net loss was USD 88.5 million or USD 0.88 per basic and diluted share against USD 91.5 million or USD 0.91 per basic and diluted share a year ago. Adjusted OIBDA loss was USD 43.9 million against USD 45.0 million a year ago. Capital expenditures were USD 24 million. Consolidated adjusted OIBDA was USD 0.2 million against adjusted OIBDA loss of USD 17.4 million a year ago.

For the full year, the company's operating revenues were USD 985.0 million against USD 1,213.1 million a year ago. Operating loss was USD 1,526.9 million against USD 456.7 million a year ago. Loss from continuing operations before reorganization items and income tax provision was USD 1,536.0 million against USD 734.5 million a year ago. Net loss from continuing operations was USD 1,533.9 million against net income from continuing operations of USD 1,226.9 million a year ago. Net loss was USD 1,553.9 million or USD 15.52 per basic and diluted share against net income of USD 1,459.6 million a year ago. Net cash used in operating activities was USD 45.2 million against USD 333.2 million a year ago. Capital expenditures were USD 26 million for the quarter and USD 51 million for the full year. Adjusted OIBDA loss was USD 1,354.5 million against USD 224.4 million a year ago. Consolidated adjusted OIBDA was USD 22.2 million against adjusted OIBDA loss of USD 155.2 million a year ago.

For the fourth quarter, the company recorded asset impairment charges of USD 23.6 million against USD 8.6 million a year ago.

Latest news about NII Holdings, Inc.

NII Holdings, Inc Provides Information to Shareholders	13/01/20	CI
NII Holdings, Inc.(NasdaqGM:NIHD) dropped from NASDAQ Telecom Index	08/01/20	CI
NII Holdings, Inc.(NasdaqGM:NIHD) dropped from S&P TMI Index	06/01/20	CI
NII Holdings, Inc.(NasdaqGM:NIHD) dropped from S&P Global BMI Index	06/01/20	CI
NII Holdings, Inc.(NasdaqGS:NIHD) dropped from NASDAQ Composite Index	31/12/19	CI
NII Holdings, Inc. Announces Management Changes	19/12/19	CI
Claro S.A. entered into a purchase agreement to acquire Nextel Holdings S.à r.l. from NII Holdings, Inc. for approximately $950 million.	17/12/19	CI
Nii Holdings, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019	05/11/19	CI
Gabelli Funds Engaages in Discussions with NII Holdings	24/10/19	CI
Nii Holdings, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019	06/08/19	CI
NII Holdings, Inc.(NasdaqGM:NIHD) dropped from Russell 2000 Dynamic Index	28/06/19	CI
NII Holdings, Inc.(NasdaqGS:NIHD) dropped from S&P Telecom Select Industry Index	24/06/19	CI
Transcript : NII Holdings, Inc., Q1 2019 Earnings Call, May 13, 2019	13/05/19
NII Holdings, Inc. Reports Asset Impairment Charges for the Quarter Ended March 31, 2019	10/05/19	CI
Nii Holdings, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2019	10/05/19	CI
Transcript : NII Holdings, Inc., 2018 Earnings Call, Mar 18, 2019	18/03/19
Nii Holdings Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2018	18/03/19	CI
Claro S.A. entered into a purchase agreement to acquire Nextel Holdings S.à r.l. from NII Holdings, Inc. for approximately $970 million.	17/03/19	CI
NII : Telecom Italia writedown hits shares after robust results	09/11/18	RE
Transcript : NII Holdings, Inc., Q3 2018 Earnings Call, Nov 08, 2018	08/11/18
NII Holdings, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018; Reports Asset Impairment Charges for the Third Quarter Ended September 30, 2018	08/11/18	CI
NII Holdings, Inc.(NasdaqGS:NIHD) added to S&P Telecom Select Industry Index	24/09/18	CI
NII Holdings, Inc.(NasdaqGM:NIHD) added to S&P Global BMI Index	24/09/18	CI
Transcript : NII Holdings, Inc., Q2 2018 Earnings Call, Aug 07, 2018	07/08/18
NII Holdings, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2018; Updates Capital Expenditures Guidance for the Year 2018; Provides Earnings Guidance for the Second Half 2018	07/08/18	CI

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Company Profile

NII Holdings Inc is a United States-based company. The Company provided wireless communication services under the Nextel brand in Latin America. The Company has no active operations and intends to dissolve.

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