NII Holdings Says Actively Exploring Strategic Options For Funding Or Buyout

(RTTNews) - While reporting its fourth-quarter financial results, NII Holdings, Inc. (NIHD) said it is actively exploring strategic options to provide sources of funding to meet its future financial obligations or to find a buyer for its company.

Steve Shindler, Chief Executive Officer of NII Holdings said, "Heading into 2017, we are focused on continuing to improve our 3G operations while managing the decline of our iDEN business. At the same time, we are actively exploring strategic options to provide sources of funding that will allow us to meet our future obligations and grow our business or find a buyer for our Company."