JPMorgan Downgrades NII Holdings (NIHD) to Underweight

Go back to JPMorgan Downgrades NII Holdings (NIHD) to Underweight

NII Holdings (NIHD) halted on circuit breaker

February 5, 2013 9:56 AM EST

NII Holdings, Inc. (NASDAQ: NIHD) halted on circuit breaker... More

NII Holdings (NIHD) Updates on Expectations, Sees Q4 Revs Ahead of Street

February 5, 2013 7:52 AM EST

NII Holdings, Inc. (Nasdaq: NIHD) announced its preliminary consolidated financial results for the fourth quarter and full year 2012. For the fourth quarter, the Company expects to report consolidated operating revenues of approximately $1.5 billion, net subscriber additions of approximately 2,200, and total capital expenditures of approximately $525 million.

*** The Street is at revs of $1.47 billion.

For the full year 2012, the Company expects to report approximately 650,000 net subscriber additions, bringing its total year-end subscriber base to approximately 11.4 million, an estimated 6 percent increase over year-end 2011. The Company expects to report full year 2012 consolidated operating revenues of $6.1... More