telecommunications — english language news service
24.07.2008« [telecommunications — телекоммуникация — telekommunikation]
usa — nii holdings posts bumper 2q results
NII Holdings, the Reston, Virginia-based company with iDEN operations across a number of South American countries, has reported a record quarterly revenue for the period ended 30 June 2008 of USD1.1 billion, up 40% on the same period of 2007. Consolidated operating income before depreciation and amortisation (OIBDA) for the second quarter rose 47% to USD305 million, while net income jumped 85% to USD155 million. During the three month period NII added 394,500 net new customers across its operations in Mexico, Brazil, Argentina, Peru and Chile, to take its total base to 5.4 million, an increase of 34% year-on-year. NII’s monthly ARPU was USD59, up a dollar compared to 2Q07.
Source: TeleGeography's CommsUpdate
nii holdings
NII Holdings, Inc. provides digital wireless communication services primarily targeted at meeting the needs of business customers through operating companies located in selected Latin American markets. The Company’s principal operations are in major business centers and related transportation corridors of Mexico, Brazil, Argentina and Peru. It also provides digital services on a limited basis in Santiago, Chile. NII Holdings uses a transmission technology called integrated digital enhanced network (iDEN) technology, developed by Motorola, Inc., to provide its digital mobile services on 800 megahertz spectrum holdings in all of its digital markets. The Company’s product line includes Nextel Direct Connect, wireless data solutions and Nextel Online, handsets and international roaming services.
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