NII Holdings Inc. expected to Report Fiscal Year 2009 Results on February 22, 2010. This event was calculated by Capital IQ (Created on October 23, 2009).

NII Holdings Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company's net income was $0.69 per diluted share compared to $0.50 per diluted share for the same period a year ago. Operating income was $186.3 million compared with $218.9 million for the same period a year ago. Income before income tax provision was $174.8 million compared with $118.4 million for the same period a year ago. As on September 30, 2009, the company's net debt was $890 million. For the nine months, the company's net income was $321.9 million or $1.91 per diluted share compared to net income of $340.0 million or $1.99 per diluted share for the same period a year ago. Operating revenues were $3,162.6 million compared with $3,279.9 million for the same period a year ago. Operating income was $501.7 million compared with $610.1 million for the same period a year ago. Income before income tax provision was $481.7 million compared with $478.5 million for the same period a year ago. The company provided earnings guidance for the year ending December 31, 2009. For the year, the company expects consolidated operating income of $575.0 million-$675.0 million.

NII Holdings Inc. reported earnings results for the third quarter of 2009. For the quarter, the company reported a 39.3% increase in net profit to $117 million compared to $84 million in the same quarter a year ago. Revenues were $1.14 billion, down 3% compared to $1.18 billion a year ago, reflecting significantly lower average exchange rates in the company's Latin American markets, which are Mexico, Brazil, Argentina, Brazil, Peru and Chile. Capex for the quarter was $159 million. The company is maintaining its guidance for revenues of $4.1 billion to $4.3 billion, OIBDA of $1.0 billion to $1.1 billion and capex of $750 million to $800 million.