Insider Activity to Watch: NII Holdings, Inc. $NIHD

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NII Holdings, Inc. (NIHD) insider have most recently took part in a trading activity. On Jan 8, 2018 Samberg Joseph D, 10% Owner bought 56,132 shares having total worth of $29,189 at the price of $0.52 per share, following the transaction a total of 11,000,000 shares owned by Samberg Joseph D.

Shares of NII Holdings, Inc. (NIHD) traded down 1.22% on Jan 4, 2018, hitting $0.41. 447,644 shares of the company’s stock traded hands. NII Holdings, Inc. has a 52 week low of $0.25 and a 52 week high of $3.53. The company’s market cap is $324 million.

NII Holdings, Inc. (NIHD) last announced its earnings results on Nov 9, 2017. The company reported -0.94 earnings per share (EPS) for the quarter. The company had revenue of $205 million for the quarter During the same quarter in the previous year, the company posted -0.25 earnings per share. The company’s revenue for the quarter was down 21% on a year-over-year basis.

2017-11-09 2017-08-09 2017-05-10 2017-03-09 2016-11-14 2016-08-11 2016-05-10 2016-03-03 2015-11-05 2015-08-07
earnings per share -0.94 -0.31 -0.92 -0.41 -0.25 -0.05 -0.33 -0.84 -1.89 -1.72
Revenue(M) 204.8 225.13 250.96 248.44 260.8 249.21 226.5 244.78 285 420.8

NII Holdings, Inc. was incorporated in Delaware in 2000 as Nextel International, Inc. In December 2001, the Company changed its name from Nextel International, Inc. to NII Holdings, Inc. The Company provides wireless communication services under the NextelTM brand, mainly targeted at meeting the needs of subscribers who use its services to improve the productivity of their businesses and subscribers who make the individual decision to use its service for both professional and personal needs. It provides services through operating companies located in Brazil, Mexico, Argentina, Peru and Chile, with its principal operations located in major business centers and related transportation corridors of these countries. It provides its services in urban and suburban centers with high population densities where there is a concentration of the country’s business users and economic activity. The services the Company currently offers include: mobile telephone service; Nextel Direct Connect and International Direct Connect service, which allows subscribers to talk to each other instantly, on a push-to-talk basis, for private one-to-one calls or group calls; value-added services, including text messaging services; mobile internet services; e-mail services; location-based services, which include the use of Global Positioning System, or GPS, technologies; digital media services; and a wide ranging set of applications available via the Company’s content management system, as well as the Android open application market; business solutions, such as security, work force management, logistics support and other applications that help its business customers improve their productivity; and international roaming services. As of December 31, 2012, its operating companies had a total of about 11.36 million handsets and other devices in commercial service, including data cards, which represented an increase of about 650 thousand, or 6% from December 31, 2011. The Company offers a range of wireless communications services and related subscriber equipment and a variety of service plans with different rate structures that are designed to meet the needs of its targeted customer groups. These services and equipment have been designed to provide features that meet those customers’ needs for fast and reliable voice and data communications that allow them to conduct business quickly and efficiently. The Company competes with America Movil, which has the largest wireless market share in Mexico and has significant operations in Brazil, Argentina, Peru and Chile; and Telefonica Moviles, which has the largest wireless market share in Brazil and Peru, and has significant wireless operations in Mexico, Argentina and Chile. The company also competes with regional or national providers of mobile wireless voice communications, such as Telemar’s Oi and Telecom Italia Mobile, or TIM, in Brazil and Argentina, Entel in Chile and Iusacell in Mexico. The licensing, construction, o

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.