Replies to post #1023 on NII Holdings Inc fka NIHDQ

[Lazy Money]

NIHD - This news actually has nothing to do with NII Holdings. It is announcing that this guy bought 50% stake in one of NII's competitors.

Read this paragraph.

Iusacell competes in the Mexican mobile market with Telcel, the unit of billionaire Carlos Slim's America Movil which has about a 70% market share, with Spain's Telefónica, which has around 20% of the market, and with the Mexican unit of NII Holdings Inc.

It doesn't even mention NII Holdings market share because it is miniscule.

Not good for NII in my eyes.

glta