NII Holdings

NII Holdings Announces Closing Of Offer To Repurchase 4.25% Convertible Senior Notes Due 2023

Retrieved on: 
Thursday, January 23, 2020
NII Holdings, Sprint Corporation, NII, Repurchase agreement, Companies

RESTON, Va., Jan. 23, 2020 /PRNewswire/ -- NII Holdings , Inc. ("NII") today announced the closing of its previously announced offer to repurchase (the "Repurchase Offer"), at the option of each holder, any and all of its outstanding 4.25% convertible senior notes due 2023 (the "Notes") at a repurchase price equal to 100% of the principal amount thereof, plus accrued and unpaid interest.

Key Points: 
  • RESTON, Va., Jan. 23, 2020 /PRNewswire/ -- NII Holdings , Inc. ("NII") today announced the closing of its previously announced offer to repurchase (the "Repurchase Offer"), at the option of each holder, any and all of its outstanding 4.25% convertible senior notes due 2023 (the "Notes") at a repurchase price equal to 100% of the principal amount thereof, plus accrued and unpaid interest.
  • The Repurchase Offer expired on January 17, 2020 (the "Expiration Time").
  • On January 21, 2020, NII accepted for repurchase and paid for the Notes that were tendered.
  • The complete terms and conditions of the Repurchase Offer were set forth in the Fundamental Change Company Notice, dated December 19, 2019.

NII Holdings Files For Dissolution

Retrieved on: 
Monday, January 13, 2020
Companies, Business law, Law, Corporate law, English law, NII Holdings, NII, Delaware General Corporation Law, Stock, Reston, Virginia, Dissolution, Liquidation

RESTON, Va., Jan. 13, 2020 /PRNewswire/ -- NII Holdings, Inc. ("NII") today announced that it filed a certificate of dissolution (the "Certificate of Dissolution") with the Secretary of State of the State of Delaware, as contemplated by the Plan of Complete Liquidation and Dissolution (the "Plan") previously approved by NII's Board of Directors and stockholders.

Key Points: 
  • RESTON, Va., Jan. 13, 2020 /PRNewswire/ -- NII Holdings, Inc. ("NII") today announced that it filed a certificate of dissolution (the "Certificate of Dissolution") with the Secretary of State of the State of Delaware, as contemplated by the Plan of Complete Liquidation and Dissolution (the "Plan") previously approved by NII's Board of Directors and stockholders.
  • The Certificate of Dissolution, which became effective at 4:00 p.m. Eastern Time on January 13, 2020 (the "Effective Time"), provides for the dissolution of NII under the General Corporation Law of the State of Delaware (the "DGCL").
  • NII intends to follow the Safe Harbor Procedures as permitted under the DGCL.
  • In connection with the filing of the Certificate of Dissolution, effective as of the Effective Time, NII closed its stock transfer books and discontinued recording transfers of its common stock, par value $0.001 (the "Common Stock").

NII Holdings Announces Voluntary Delisting and Dissolution

Retrieved on: 
Wednesday, December 18, 2019
Companies, Economy of the United States, NII Holdings, Sprint Corporation, Financial markets, NII, Listing, Assistant Secretary of Defense for Networks and Information Integration, AT&T, NASDAQ

NII does not expect that a trading market will develop for its Common Stock following suspension of trading on Nasdaq.

Key Points: 
  • NII does not expect that a trading market will develop for its Common Stock following suspension of trading on Nasdaq.
  • NII expects that the official delisting of its Common Stock will be effective January 9, 2020.
  • As a result, in addition to delisting its Common Stock, NII intends to file its certificate of dissolution on or about January 13, 2020.
  • For more information about NII Holdings, Inc. please visit NII Holdings' website at nii.com .

NII Holdings Announces Closing of Sale of Nextel Brazil

Retrieved on: 
Wednesday, December 18, 2019
Companies, Sprint Corporation, Nextel Communications, NII, AT&T, NII Holdings

("NIIH"), AI Brazil Holdings B.V. ("AI Brazil") and NII (the "Purchase Agreement"), as amended from time to time.

Key Points: 
  • ("NIIH"), AI Brazil Holdings B.V. ("AI Brazil") and NII (the "Purchase Agreement"), as amended from time to time.
  • At the closing of the Transaction, AI Brazil sold all of its interests in Nextel Holdings S. r.l.
  • ("Nextel Holdings") to NII Brazil Holdings S. r.l.
  • In consideration for the sale of its 27.55% ownership interest in Nextel Brazil, AI Brazil received a $2.5million preferred return and its $125.2 million pro rata share of the net sale proceeds.

NII Holdings Reports Third Quarter 2019 Results

Retrieved on: 
Tuesday, November 5, 2019
Sprint Corporation, Companies, NII Holdings, Nextel Communications, NII, National Telecommunications Agency

RESTON, Va., Nov. 5, 2019 /PRNewswire/ -- NII Holdings , Inc. [NASDAQ: NIHD] today announced its financial results for the third quarter of 2019.

Key Points: 
  • RESTON, Va., Nov. 5, 2019 /PRNewswire/ -- NII Holdings , Inc. [NASDAQ: NIHD] today announced its financial results for the third quarter of 2019.
  • During the third quarter, the Company contributed capital of $24.3 million to Nextel Holdings, the partnership entity that owns Nextel Brazil, to partially fund a scheduled debt repayment under Nextel Brazil's license financing.
  • As a result, the Company's equity ownership in Nextel Holdings increased to 72.43% as of September 30, 2019.
  • On September 30, 2019, the Company received the required approval from the ANATEL, Brazil's telecommunications regulatory agency, for the sale of NII Brazil Holdings, which owns the Company's interest in Nextel Holdings and indirectly owns Nextel Brazil, to Amrica Mvil on the terms and conditions of the Purchase Agreement dated March 18, 2019.

NII Holdings To Release Earnings And File 10-Q

Retrieved on: 
Thursday, October 24, 2019
Companies, NII Holdings, NII, Sprint Corporation, Nextel Communications, Reston, Virginia, AT&T

RESTON, Va., Oct. 24, 2019 /PRNewswire/ -- NII Holdings , Inc. (NASDAQ: NIHD) today announced that it plans to release its earnings results and file its quarterly report on Form 10-Q for the third quarter of 2019 on Tuesday, November 5, 2019.

Key Points: 
  • RESTON, Va., Oct. 24, 2019 /PRNewswire/ -- NII Holdings , Inc. (NASDAQ: NIHD) today announced that it plans to release its earnings results and file its quarterly report on Form 10-Q for the third quarter of 2019 on Tuesday, November 5, 2019.
  • NII Holdings does not plan to host a third quarter 2019 results conference call.Questions may be directed to Dan Freiman, Chief Financial Officer of NII Holdings, at the Investor and Media Relations contact noted below.
  • NII Holdings, operating under the Nextel brand, offers fully integrated wireless communication tools with digital cellular voice services, data services, international voice and data roaming services and other value-added services.
  • Visit NII Holdings' news room for news and to access our market's news center: nii.com/newsroom.

NII Holdings Reports Second Quarter 2019 Results

Retrieved on: 
Tuesday, August 6, 2019
Sprint Corporation, Companies, NII Holdings, Nextel Communications, NII

RESTON, Va., Aug. 6, 2019 /PRNewswire/ -- NII Holdings , Inc. [NASDAQ: NIHD] today announced its financial results for the second quarter of 2019.

Key Points: 
  • RESTON, Va., Aug. 6, 2019 /PRNewswire/ -- NII Holdings , Inc. [NASDAQ: NIHD] today announced its financial results for the second quarter of 2019.
  • During the second quarter, the Company contributed capital of $15.3 million to Nextel Holdings, the partnership entity that owns Nextel Brazil, and AI Brazil Holdings contributed $2.7 million.
  • As a result, the Company's equity ownership in Nextel Holdings increased to 72.34% as of July 31, 2019.
  • On June 27, 2019, the Company's stockholders approved the sale of NII Brazil Holdings, which owns the Company's interest in Nextel Holdings, to Amrica Mvil on the terms and conditions of the Purchase Agreement dated March 18, 2019.

NII Holdings To Release Earnings And File 10-Q

Retrieved on: 
Monday, July 29, 2019
NII Holdings, NII, Reston, Virginia, Companies

RESTON, Va., July 29, 2019 /PRNewswire/ -- NII Holdings, Inc. [NASDAQ: NIHD] today announced that it plans to release its earnings results and file its quarterly report on Form 10-Q for the second quarter of 2019 on Tuesday, August 6, 2019.

Key Points: 
  • RESTON, Va., July 29, 2019 /PRNewswire/ -- NII Holdings, Inc. [NASDAQ: NIHD] today announced that it plans to release its earnings results and file its quarterly report on Form 10-Q for the second quarter of 2019 on Tuesday, August 6, 2019.
  • NII Holdings does not plan to host a second quarter 2019 results conference call.
  • Questions may be directed to Dan Freiman, Chief Financial Officer of NII Holdings, at the Investor and Media Relations contact noted below.
  • Visit NII Holdings' news room for news and to access our market's news center: nii.com/newsroom.

NII Holdings Reports First Quarter 2019 Results

Retrieved on: 
Friday, May 10, 2019
Telecommunications, Companies, Sprint Corporation, Mobile telecommunications, Software-defined radio, Videotelephony, Technology, NII Holdings, NII, Nextel Communications, 3G, 4G

RESTON, Va., May 10, 2019 /PRNewswire/ -- NII Holdings , Inc. [NASDAQ: NIHD] today announced its financial results for the first quarter of 2019.

Key Points: 
  • RESTON, Va., May 10, 2019 /PRNewswire/ -- NII Holdings , Inc. [NASDAQ: NIHD] today announced its financial results for the first quarter of 2019.
  • For the first quarter of 2019, Nextel Brazil reported 3G/4G net subscriber additions of 132,100 and 3G/4G churn of 2.35%, a 27-basis point decrease compared to the fourth quarter of 2018 and essentially flat compared to the same period in 2018.
  • During the first quarter of 2019, the Company recognized an $11 million net benefit related to these credits, which positively impacted the Company's adjusted OIBDA.
  • Visit NII Holdings' news room for news and to access our market's news center: nii.com/newsroom .

NII Holdings To Release Earnings And Host Conference Call

Retrieved on: 
Thursday, April 25, 2019
Companies, Sprint Corporation, NII Holdings, Nextel Communications, NII, Roaming, Reston, Virginia

NII Holdings, Inc., a publicly held company based in Reston, Virginia, is a provider of mobile communication services for individual consumers who use our services to meet both professional and personal needs in Brazil.

Key Points: 
  • NII Holdings, Inc., a publicly held company based in Reston, Virginia, is a provider of mobile communication services for individual consumers who use our services to meet both professional and personal needs in Brazil.
  • NII Holdings, operating under the Nextel brand, offers fully integrated wireless communication tools with digital cellular voice services, data services, international voice and data roaming services and other value-added services.
  • Visit NII Holdings' website at www.nii.com .
  • Visit NII Holdings' news room for news and to access our market's news center: nii.com/newsroom.