RESTON, Va., March 13, 2018 /PRNewswire/ -- NII Holdings, Inc.
(NASDAQ: NIHD) today announced that it has regained compliance with
the minimum bid price requirement in the NASDAQ Listing Rules (the
"Rules") by closing with a bid price of over $1.00 for ten consecutive business days.
Consequently, NASDAQ has confirmed that the Company is back in
compliance with the Rules.
About NII Holdings, Inc.
NII Holdings, Inc., a publicly held company based in
Reston, Virginia, is a provider of
differentiated mobile communication services for businesses and
high value consumers in Brazil.
NII Holdings, operating under the Nextel brand, offers fully
integrated wireless communication tools with digital cellular voice
services, data services and wireless Internet access. Visit the
Company's website at www.nii.com.
Nextel, the Nextel logo and Nextel Direct Connect are
trademarks and/or service marks of Nextel Communications,
Inc.
Visit NII Holdings' news room for news and to access our
markets' news centers: nii.com/newsroom.
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SOURCE NII Holdings, Inc.