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$50.22 -0.38 (-0.75%)
9/8/2008 11:35 AM

NII Holdings, Inc. (NIHD)

CAPS Rating:
*****

The Company provides digital wireless communication services, primarily targeted at meeting the needs of customers who use its services primarily for business purposes, through operating companies located in selected Latin American markets.

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Avatar ajm101 (< 20) Submitted: 7/04/08 10:08 AM : Outperform Start Price: $46.47 NIHD Score: 10.35

Because of the rich natural resources, I think South America is going to have strong economic growth that will bring a lot of people into the middle class. One of the amenities that they will be able to afford is cell phones. NII (fomerly Nextel International) provides mobile services, and is not expensive (P/E of 19, forward P/E of 12).

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