NII Holdings, Inc.

Company overview

NII Holdings, Inc. (NII or "the company") is a provider of differentiated mobile communications services for businesses and high value consumers in Latin America. The company offers wireless communications tools with digital cellular voice services, data services, wireless internet access and digital two-way radio services. The company operates under the Nextel brand in Brazil and Argentina. It is headquartered in Reston, Virginia and employed 9,800 people as of December 31, 2014.

The company recorded revenues of $3,688.7 million during the financial year ended December 2014 (FY2014), a decrease of 21.7% compared to FY2013. The revenues decreased primarily due to decline in consolidated subscriber base in Mexico region and decrease in consolidated average revenue per subscriber in local currency, principally in Brazil. The operating loss of the company was $1,111.5 million in FY2014, compared to an operating loss of $368.6 million in FY2013. The net loss of the company was $1,957.7 million in FY2014, compared to a net loss of $1,649.6 million in FY2013.

Key facts

1875 Explorer Street , Suite 1000 , Reston , Virginia 20190 , USA

No. employees: 9800

Turnover: 3,688,700,000 (USD)

Financial year end: December


  • Key facts
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Company Profile

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Published on
07 Aug 2015
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