NII Holdings Inc (NASDAQ:NIHD) moves up


The share prices of NII Holdings Inc (NASDAQ:NIHD) surged by 4.21 percent to currently trade at $6.68 per share on its Thursday’s trading session. The shares of the company had been trading with intraday prices that fluctuated in the range of $6.60 to $6.94 per during the day. The shares NII Holdings Inc (NASDAQ:NIHD) have a market capitalization of $1.15 billion. The stock opened at $6.60 per share. The stock has a 52 week low of $4.11 per share and a 52 week high of $11.76 per share, and is currently trading midway between this range.

In International markets NII Holdings Inc (NASDAQ:NIHD) is focusing for the operations of Nextel Communications. This company is also known as holding company.  Wireless communication services on the Nextel brand is provided by the company. Argentina, Brazil, Chile and Mexico are the places where its services located in the transportation corridors and business centers.  IDEN, integrated digital enhanced network, Motorola developed technology which are utilized by company’s network.  800 mega hertz spectrum holdings in the markets are provided by the mobile services. 11.36 million Handsets and in commercial service various devices are operated by the company.

NII Holdings Inc (NASDAQ:NIHD) maintained a neutral on its low level strategic decisions and current valuation.  In the last year the company attained 85 percent in their stocks. The company wanted to launch the Atrix HD smart phone and decided to sell its operations in Peru. $1.41 billion was the company’s revenue. NII Holdings Inc (NASDAQ:NIHD) said that they have been named as best to work in multinationals in Latin America by the Great Place to Work Institute. The company had an institutional investor’s shareholdings as 118 percent. NII Holdings Inc (NASDAQ:NIHD) has been having a trading volume of 3.70 million on Wednesday. The company presently holds 172.02 million shares outstanding in the market.

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