NII Holdings is a holding company. Through its majority-owned Brazilian operating company, Nextel Telecomunicacoes Ltda., (Nextel Brazil), Co. provides wireless communication services under the Nextel™ brand in Brazil. Nextel Brazil operates a wideband code division multiple access network, which has been upgraded to provide long-term evolution services in certain areas. The services Co. provides include: mobile telephone voice and wireless data services; international voice and data roaming services; other services, including sports, music and entertainment streaming capabilities; online education; and access to national and international WiFi hotspot networks. We show 20 historical shares outstanding datapoints in our NIHD shares outstanding history coverage, used to compute NIHD market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing NIHD market cap history over the course of time is important for investors
interested in comparing NIHD's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of NIHD versus a peer is one thing; comparing
NIHD market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like NIHD can fluctuate over the course of history.
With this page we aim to empower investors researching NIHD by allowing them to research the NIHD market cap history. |
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Video: The Importance of Market Cap
