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TMCNet:  Form 4 Oracle: Boston, MA -- Form4Oracle: Insider Trading Report: Nii Holdings Inc (NIHD)

[November 13, 2008]

Form 4 Oracle: Boston, MA -- Form4Oracle: Insider Trading Report: Nii Holdings Inc (NIHD)

Nov 13, 2008 (M2 PRESSWIRE via COMTEX) --
As the stock was trading at less than 50 percent of its 52-week high, Begeman Gary, VP and General Counsel at Nii Holdings Inc (NIHD) has reported buying $94.87K today.Over the last four weeks insiders at Nii Holdings Inc (NIHD) have bought more than $191.92K:


- Neel Catherine, VP & Controller: bought $18.75K increasing total holdings by 5%
- Guthrie Donald, Director: bought $78.30K increasing total holdings by 100%
- Begeman Gary, VP and General Counsel: bought $94.88K increasing total holdings by 29%
For a current, real-time summary of NIHD insider activity, visit http://www.form4oracle.com/company?cik=0001037016&ticker=NIHD

About Form4Oracle
Form4Oracle, LLC specializes in distributing insider trading information published by the SEC, making it accessible and actionable for all types of investors. To learn more about how tracking insider trading activity can improve your investment returns, visit http://www.form4oracle.com.

About Nii Holdings Inc
NII Holdings, Inc., through its subsidiaries, provides digital wireless communication services for businesses and individuals. Its digital mobile networks support multiple digital wireless services, including digital mobile telephone service comprising various calling features, such as speakerphone, conference calling, voice-mail, call forwarding, and additional line service; Nextel Direct Connect service, which allows subscribers anywhere on its network to talk to each other on a push-to-talk basis, private one-to-one call, or on a group call; International Direct Connect service that enables subscribers to communicate with its subscribers in Mexico, Brazil, Argentina, Peru, Chile, the United States, and Canada; mobile Internet services, text messaging services, email services, and location-based services; and international roaming capabilities. The company also offers analog specialized mobile radio services in Mexico, Brazil, Peru, and Chile. It distributes its products through direct sales representatives, indirect sales agents, Nextel stores, and other customer sales channels. The company was founded in 1995. It was formerly known as Nextel International, Inc. and changed its name to NII Holdings, Inc. in 2001. The company is based in Reston, Virginia.

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The companies referenced in this report have not approved the statements made in this report. This report contains statements that imply risks and uncertainties. This material is for informational reporting purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Form4Oracle is not a licensed broker, broker dealer, market maker, investment banker, investment adviser, analyst or underwriter and is not compensated in this regard.

Please consult your broker to understand investing benefits and risks and prior to purchasing any securities mentioned herein.

CONTACT: Kimberly Sutton, Form4Oracle
Tel: +1 312 315 5077
e-mail: kimberly@form4oracle.com
WWW: http://www.form4oracle.com
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.

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