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Climb to the top of the priority list. Everyone that seeks to deal with debt collectors or credit bureaus should be armed with this template package. This collection of letter and fax templates is a powerful means to dealing with all three credit bureaus and debt collectors
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  Mortgage Refinance

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HOME :: RESEARCH :: DEBT :: NEWS:: JUL 2008

NII Holdings Posts Record Results for Second Quarter 2008

NII Holdings, Inc. (Nasdaq: NIHD) today announced its consolidated financial results for the second quarter of 2008. For the second quarter, the Company added 394,500 net subscribers, a new quarterly record resulting in an ending subscriber base of over 5.4 million subscribers, a 34% increase over the subscriber base reported at the end of the second quarter of 2007. Financial results for the second quarter of 2008 included consolidated operating revenues of $1.1 billion, a new quarterly record representing a 40% increase over the same period last year. The Company reported consolidated operating income before depreciation and amortization, or OIBDA, for the second quarter of $305 million, a 47% increase over the same period last year. The Company's reported OIBDA includes the impact of approximately $17 million of non-cash stock option compensation expense compared to $13 million reported in the same period in 2007. The Company also reported consolidated operating income of $200 million, a 48% increase over the same period last year, and net income of $155 million, an 85% increase over the second quarter of 2007, or $0.93 per basic share.

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