NII Holdings, Inc. (NIHD)

[hondaboost]

NIHD, updates: As a result, the Company's segment earnings, defined as operating income (loss) before depreciation, amortization, impairment, restructuring and other charges, improved by $185 million from a loss of $155 million during the combined period ended December 31, 2015 to $30 million for the year ended December 31, 2016. Additionally, the Company's capital expenditures were reduced by $91 million, or 63%, over the same period. The resulting 2016 bonus payouts reflect employees' success in improving the Company's cash management and cash utilization during 2016.