NII Holdings, Inc. (NASDAQ:NIHD) announced the launch of PRIP

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Dallas, Texas 07/16/2013 (Financialstrend) – On July 8, 2013, NII Holdings, Inc. (NASDAQ:NIHD) announced the company’s launch of PRIP, which is designed as an advanced push-to-talk (PTT) service, in the United States. PRIP service is now available to the users for download from Google Play, thereby enabling them to instantly access PTT connections which are provided for NII’s 11 million subscribers in Brazil, Mexico and Latin America as well as to other users of the new services in the U.S. PRIP is designed to be compatible with more than 95 percent of the smart phones on the market with the Android OS, and further offers fast and immediate connections to the users to communicate from anywhere in the world through a wireless or Wi-Fi connection. The application is expected to be available for use in Apple’s iPhone in the coming weeks.

NII Holding was ranked at the 19th position as one of the best places to work among multinationals in Latin America, a list that was compiled by the Great Place to Work Institute (GPTW). This position has been retained by the company for the second consecutive year.

Intraday range was from a low price of $7.66 to a high price of $8.06. The share price of NII Holdings, Inc. (NASDAQ:NIHD) currently trading at $7.86, a decrease of 0.13%. The price range of NII Holdings for the past 52 weeks was from $4.11 to $9.82. The stock opened at the price of $7.90 with a market capitalization of $1.35 billion and 172.02 million outstanding shares. With institutional ownership of 117%, the trading volume for the day of NII Holdings was 7.12 million and average trading volume was 3.88 million shares.

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