Dallas, Texas 02/25/2014 (FINANCIALSTRENDS) – NII Holdings Inc(NASDAQ:NIHD) is a name in which this popular wireless communications services provider operates. More popular as Nextel communications in overseas markets, especially in the South American countries such as Peru, Chile, Mexico as well as Brazil, this company brings the entire communication spectrum together for these players. The operations for this company are conducted cross the borders in the countries it operates bringing in wireless communications at affordable prices.
Enhanced digital solutions
NII Holdings Inc(NASDAQ:NIHD) key to success in the countries it operates has been its investment in the infrastructure. These would include such software and component based solutions which are developed by Mortorola Inc. These include the integrated digital enhanced network or iDEN. The technology was part of Motorola Inc and includes mobile service platform spanning the 800 Mega Hertz spectrum of service. By 2013 August, NII Holdings has more operations in countries it holds such a large footprint. The latest is the Peruvian operations. Here the services the company are to the largest service provider here, called the Empress National Telecommunications. Later in November of 2013, the company sold nearly 1428 communication possibilities it held at the Mexican American Tower Corporation.
NII Holdings Inc (NASDAQ:NIHD) is a Reston, VA based services company which delivers at the stock market in terms of profits for its stakeholders as well. In line with this is the recent $348 million lease closure it affected with American Tower. In November the closure was on two more Mexican sites.
NII Holdings Inc(NASDAQ:NIHD) has been positive on the stock market , following the Mid-January news release that the company which would offer coveted Apple Inc smartphones – both the iPhone 5s as well as the iPhone 5C would be NIHD.
NII Holdings Inc(NASDAQ:NIHD) announced its quarterly results recently, reporting that the $1.57 billon was the cash position, and over $317 million was in the form of short term assets. Earlier the $820 million account receivable, besides a long term debt of $5.7 billion too is part of the debt.