NII Holdings Reports Second Quarter 2019 Results
NII Holdings, Inc. [NASDAQ: NIHD] today announced its financial results for the second quarter of 2019. For the quarter, the Company reported a $5 million loss from continuing operations and a $12 million loss from discontinued operations. Nextel Brazil generated adjusted OIBDA of $12 million, which excludes the impact of non-cash asset impairments, restructuring charges and other unusual items. Nextel Brazil's capital expenditures were $13 million for the quarter.