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JPMorgan Downgrades NII Holdings (NIHD) to Underweight

February 6, 2013 10:15 AM EST

JPMorgan downgraded NII Holdings (NASDAQ: NIHD) from Neutral to Underweight following preliminary Q4 results.

For an analyst ratings summary and ratings history on NII Holdings click here. For more ratings news on NII Holdings click here.

Shares of NII Holdings closed at $5.83 yesterday, with a 52 week range of $4.75-$24.32.... 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