Gabelli Maintains Buy on NII Holdings

Gabelli is out with its report today on NII Holdings NIHD, maintaining Buy. In a note to clients, Gabelli writes, "We expect the company's strong brand (NEXTEL) in Latin America and valuable subscriber base (largely postpaid), consisting of business and high-value consumer customers, to make NII an attractive acquisition target for both larger mobile operators and private equity firms." Shares of NIHD closed Wednesday at $42.13.