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NII Holdings Regains Compliance With NASDAQ Listing Rules

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.

NII Holdings, Inc. - (703) 390-5100 | Investor and Media Relations - Dan Freiman, (703) 547-5209, dan.freiman@nii.com

Investor Relations