Sept 15 (Reuters) - NII Holdings Inc filed for bankruptcy protection in the United States on Monday as the Nextel operator in Latin America struggles with $5.8 billion in debt and fierce competition in its key markets of Brazil and Mexico.
debt restructuring in which the company's creditors would likely become its shareholders. NIHD -23.5% to $0.10 per share. Previously: NII Holdings -52.7%; company thinks Chap. 11 filing likely Post your comment!
NII (NASDAQ: NIHD ) has " elected not to pay approximately ..... 30-day grace period exists during which NII can pay interest and "cure" potential ..... t likely to shock debtholders, given NII stated on Monday it will likely file for
By Andy Batts : NII Holdings (NASDAQ: NIHD ) yesterday reported its consolidated ..... in the quarter. Steve Shindler, NII Holdings ' CEO, said, "Despite the actions ..... sufficient to support the business." NIHD has been losing customers as America
Aug 11 (Reuters) - Mobile service provider NII Holdings Inc , reporting its ninth quarterly loss in a row, said on Monday it may have to file for bankruptcy after struggling to compete in Brazil and...
Aug 11 (Reuters) - ** Mobile service provider's shares down 52.7 pct at $0.31
leaving the Company with a liquidity position that is not sufficient to support the business," says NII (NASDAQ: NIHD ) CEO Steve Shindler. NII declares it will "likely find it necessary to file a voluntary petition for relief under Chapter 11
Aug 11 (Reuters) - Mobile service provider NII Holdings Inc , which operates under the Nextel brand in Latin America, said it may have to file for bankruptcy after reporting its ninth quarterly loss in a row.
NII Holdings (NASDAQ: NIHD ): Q2 EPS of -$3.65 misses by $1.35 . Revenue of $969M (-23.1% Y/Y) beats by $20.9M . Shares -31% AH. Press Release 1 comment!
quarter of 2013, American Tower closed two significant acquisitions with Global Tower Partners ($3.3 billion) and NII Holdings ($811 million). When these deals are consummated, the investment is added to the year-one invested capital figure