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Articles tagged with: Nii Holdings
NII Holdings Q1 Results - P&L belies underlying strength
NII Holdings, the iDEN operator with subsidiaries in Argentina, Brazil, Chile, Mexico and Peru has reported Q1 numbers. These show a 3% year-on-year drop in revenues to $961m and a 14% decline in EBITDA, to $245m. The year-on-year comparatives get worse as we move down the P&L, with the operating results down 20.6%, the pre-tax down 29.1% while the after tax is off a third, at $70.6m. These numbers represent a real turnaround from previous NII figures - but it would be wrong to think this indicated any deterioration in the business. The drop in the figures is a direct result of the sharp drop in the value of the currencies of those countries where NII operates, compared to the US dollar in which it draws up its accounts. In constant currency terms, revenues were up 23% and EBITDA 34%. more
Related Tags: iden, tax, Argentina
Mexico's Iusacell Asks Government to Revoke Nextel Concession
MEXICO CITY -(Dow Jones)- Mexican mobile phone operator Iusacell has asked Mexican authorities to revoke the concession of NII Holdings subsidiary Nextel because it has refused to sign a mandated interconnection agreement, said Iusacell in a statement Thursday. more
Related Tags: america-movil, iusacell, nextel, Mexico
Telcel, Nextel sign mobile interconnection deal
Mexico's largest mobile operator Telcel, a unit of América Móvil, has signed a mobile to mobile interconnection agreement with Nextel Mexico, Nextel's parent company NII Holdings said in a statement. more
Related Tags: telcel, nextel, Mexico
Report: Nextel expects to grow 40% in 2007
The Brazilian unit of digital trunking provider Nextel expects its business to grow approximately 40% in 2007, local news service IT Web reported the subsidiary's president Sergio Borges as saying. more
Related Tags: arpu, nextel, Brazil
Telcel agrees to interconnect with Nextel
Mexico's largest mobile phone operator Telcel, a unit of América Móvil, has no problem interconnecting with digital trunking operator Nextel, local press reported América Móvil's CEO Daniel Hajj as saying. more
Related Tags: movistar, nextel, cofetel, Mexico
Nextel International posts Q3 net income of US$81.6mn, shares plummet
NII, which operates under the Nextel brand and focuses on Latin American businesses, reported revenues of US$853mn in 3Q07, a 39% increase compared to the year-ago period. more
Related Tags: nextel
NII Holdings announces tender offer for convertible notes
Latin American digital trunking firm NII Holdings will pay a US$80 cash premium to bondholders for every US$1,000 of convertible notes due 2034 they convert into company shares, NII said in a statement. more
Related Tags: push-to-talk
Nextel plans US$67.6mn capex in 2007
Digital trunking provider Nextel Argentina plans to invest 208mn pesos (US$67.6mn) in 2007 to expand its digital network in the country, the company said in a statement. more
Related Tags: customer-care
NII eyes 43mn potential PTT users in LatAm
US digital trunking holding operator NII Holdings (Nasdaq: NIHD) sees a potential 43mn push to talk (PTT) users in the Latin America countries where it operates, company CEO and chairman Steven Shindler told BNamericas. more
Related Tags: push-to-talk
Nextel International 1Q profits increase 29% yoy
US digital trunking holding operator NII Holdings posted a 29% increase in net profits to US$84mn in the first quarter of 2007 compared to US$65mn in the same period last year, the company said in its quarterly earnings report. more
Related Tags: capex, push-to-talk