Deutsche Bank Comments On NII Holdings (NIHD)

Deutsche Bank provided color on NII Holdings NIHD in a research report published today, based on a presentation by the company given at the DB Telecom and Media Conference yesterday.

In the report, Deutsche Bank states, "NIHD's target market in Latam is 45mn pops. 3G deployment will increase this market to approximately 100mn. The company will have to adjust its distribution platform to increase its points of sales by adding smaller stores and kiosks in order to service high-end retail subscribers it plans to target. Also, the format of existing stores will change from service/ repair orientation to more marketing focused, showcasing its various products. It's important to note that the company does not plan to be mass market operator like all its competitors."

Shares of NII Holdings closed Wednesday at $39.09, up 1.03% from Tuesday's market close.