Out Fox The $treet

Interesting comments from a Reuters report that came out after hours Friday. According to the report, NII Holdings (NIHD) already has 10 cities in Mexico with mobile broadband with the nationwide launch in September. According to the Q112 conference call transcript, the CEO made it clear that NIHD would launch 3G services in select Mexico markets in late Q3. This news makes it sound like select cities have already launched. Per the Seeking Alpha Conference Call Transcript: We remain on track with our 3G deployments in Chile, Mexico and Brazil. We continue to work toward our goals of making 3G services available in Chile by midyear and in select markets in Mexico and Brazil by late third quarter and end of the year, respectively. Over the past several months, we have implemented a number of changes in how we manage the logistics and buildout of our 3G networks that are helping to keep our 3G deployments on track with our goals. This news would be extremely positive for t...

The below chart from finviz.com  is a great example of how charts can help fundamental investors. NII Holding (NIHD) is a leading wireless provider in Latin America building 3G networks in Brazil, Chile, Mexico, and Peru. The stock has been in a major downtrend since back in July. The original drop was in connection with the overall market drop, but the failure to rally the last few months was very frustrating to investors. All of a sudden though, NIHD broke out of the duldrums recently. Not surprising to technical analysts is that this move coincided with the break of the downtrend at the end of January. Then the stock broke the 20/50 moving averages in early February on a massive 10% up day. As typical of these moves, most long investors were shaken out in the long frustrating process. Now though is still a good time to jump in as the stock is only back even with November levels. The closing price of $23.78 is roughly half the July level. So if you believe in wireless data p...

After a wild couple of weeks in the domestic wireless sector following the  announcement  that AT&T ( T ) would purchase T-Mobile from Deustche TeleKom ( DTEGY.PK ) in a $39B deal, the speculation in the media has centered mostly around other potential wireless mergers in the U.S. Odd, considering that the U.S. market is very mature and past major telecom mergers a la Sprint ( S ) and Nextel in the wireless sector and MCI ( MCIP ) and WorldCom in the wireline/data sector have largely been flops. Between merging networks and combining billing systems, it's extremely time-consuming and underproductive to undertake (trust me, I know from first-hand experience of working the projects of trying to merge the billing systems of MCI and WorldCom)..... Read the full story at Seeking Alpha . Disclosure: Long MICC and NIHD for client and personal accounts. Please review the disclaimer page. 

NII Holdings (NIHD) is a leading provider of mobile communications for business customers in Latin America with main operations in Brazil and Mexico. Its the operations in these two countries plus the plans to deploy 3G services in the near term in these countries that derive the main investing theme. The stock is up some 7% today on strong results and news that subscribers have passed 9M and expect to approach 11M by the end of 2011. While the numbers were good and guidance for 2011 solid, NIHD remains a emerging market investment and hence the stock performance will largely be derived from how the sector performs and whether Latin America remains a high growth area with soaring inflation. As far as Q4 results, NIHD seems to right inline with expectations when stripping out a $17M charge relating to prepaid Value Added Taxes. Need to listen to the conference call to see if something was said to warrant the 7% jump. All in all, the company trades at a low valuation with expected re...

NII Holdings (NIHD) is a recent addition to the Opportunistic Long Only portfolio and on Tuesday they announced the winning of 3G licenses in Brazil that covers the majority of the population. This comes after recently winning such licenses back in October in Mexico as well. Considering the costs of $715M to buy the Brazil license and several billion to build it out, the major issue is whether they'll have the cash to fund this massive expansion. NIHD is a leading wireless provider in Latin America and a major force in the important markets of Brazil and Mexico. They currently have over 3M subscribers in both markets along with a total of 8.6M subscribers when adding in Argentina, Chile, and Peru. 2012 will be a massive year as they begin implementing the 3G networks in Brazil and Mexico, but that leaves 2011 as a year of major capital expenditures for a company with $544M in net debt. Considering they have $2.4B in consolidated cash and investments they likely will find an aff...