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NII Holdings Issues Its 2020 Audited Financial Statements And Provides Update On Dissolution Matters
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RESTON, Va., April 29, 2021 /PRNewswire/ NII Holdings, Inc. ( NII or the Company ) today issued its 2020 audited financial statements and provided an update on its dissolution.
2020 Audited Financial Statements
The audited financial statements are available on NII s website at www.nii.com.
NII reported net assets in liquidation as of December 31, 2020 of $276.3 million ($2.64 per share), an increase of $0.9 million as compared to net assets in liquidation as of December 31, 2019 of $275.4 million.
Update on Dissolution Matters
As previously announced, on January 13, 2020, NII filed a certificate of dissolution with the Secretary of State of the State of Delaware. Further, on October 8, 2020, the Company filed a Verified Petition for Dissolution in the Court of Chancery of the State of Delaware (the Delaware Court )
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NII Holdings Provides Update On Dissolution Proceedings And Settlement With AT&T
NII Holdings Provides Update On Dissolution Proceedings And Settlement With AT&T
PR Newswire
RESTON, Va., Jan. 12, 2021
RESTON, Va., Jan. 12, 2021 /PRNewswire/ On January 12, 2021, NII Holdings, Inc. ( NII ) announced that it has reached agreement with AT&T Mobility Holdings B.V., New Cingular Wireless Services, Inc., AT&T Holdings Mexico, S. de R.L. de C.V., and AT&T Comunicaciones Digitales, S. de R.L. de C.V. (collectively, AT&T ) related to the amount of security needed to secure AT&T s contingent contractual claims in NII s dissolution proceedings (the Settlement ).