RESTON, Va., May 16, 2025 - NII Holdings, Inc. (“NII”) today issued its 2024 audited
financial statements and provided an update on its dissolution.
2024 Audited Financial Statements
The audited financial statements are available on NII’s website at ir.nii.com.
NII reported net assets in liquidation as of December 31, 2024 of $61.1 million ($0.58 per share), an increase of
$0.6 million as compared to net assets in liquidation as of December 31, 2023 of $60.5 million. The increase was
driven by interest earned on cash on hand, as well as cash held in escrow, which exceeded our liquidation expenses.
Update on Dissolution Matters
Based on currently available information, NII currently estimates that the total amount of remaining distributions
will be between $0.45 and $0.58 per share, for a total of between $2.36 and $2.49 per share, including the $1.91 per
share liquidating distribution that was made on September 20, 2021. As noted in the 2024 financial statements, there
is one remaining Mexican tax audit. The Board of Directors and management are continuing to work with the Mexican
tax authority to resolve this audit.
The ultimate amount distributable to stockholders will depend on factors outside of NII’s control, including,
among other things, the amount of cash recovered from escrow amounts related to the sale of NII’s operations
in Mexico, and could vary from NII’s current estimates.
More information about these matters and NII’s financial condition can be found in NII’s 2024 audited
financial statements.
About NII Holdings, Inc.
Visit NII’s website at ir.nii.com.
NII Holdings, Inc.
1405 S Fern Street, #93001
Arlington, VA 22202
www.nii.com
Investor and Media Relations:
Tim Mulieri
timothy.mulieri@nii.com