RESTON, Va., Aug. 24, 2015 /PRNewswire/ -- NII Holdings,
Inc. (NASDAQ: NIHD), a provider of differentiated mobile
communication services operating under the Nextel brand in
Brazil and Argentina, announced today that Francisco Tosta Valim Filho has been appointed
as President, Nextel Brazil, effective August 25,
2015. Mr. Valim will be employed by Nextel
Telecomunicacoes Ltda., the Company's Brazilian operating
subsidiary, and will report directly to NII's Chief Executive
Officer, Steve Shindler. Mr. Valim
will be responsible for leading the Company's day-to-day operations
in Brazil. He replaces
Gokul Hemmady, who has served as
President, Nextel Brazil since 2013.
"We are delighted that Francisco
Valim has agreed to take on this role. Francisco is a
proven leader with significant expertise in the wireless
telecommunications sector in Brazil and in business transformation and
optimization of organizational processes, having successfully
served as chief executive officer of several large
telecommunication and media companies in Brazil," said Mr. Shindler. "We are
confident that Francisco is the right person to lead Nextel Brazil
as we strive to build our subscriber base and increase revenues
while continuing to reduce our costs."
"We want to thank Gokul Hemmady
for all of his contributions during his time with the company,"
added Shindler. "Gokul has held a number of key roles at NII,
including as President, Nextel Brazil as we launched our 3G
services and expanded our presence in the 3G market in Brazil. We thank him for his leadership and
wish him well with his future endeavors."
Prior to joining Nextel Brazil, Mr. Valim was Chief Executive
Officer of Via Varejo, one of the largest electronic and furniture
retailers in Latin America, from
2013 to 2014. From 2011 to 2013, Mr. Valim served as Chief
Executive Officer of Oi S.A., one of the largest integrated telecom
operations in Brazil with both
wireless and wireline operations throughout the country.
Before Oi, Mr. Valim was Chief Executive Officer of Experian UK,
EMEA and LATAM, a division of Experian plc, from 2008 to 2011.
Prior to that he served as Chief Executive Officer of Net Servicos de Comunicacao S.A.,
one of Latin America's largest
cable companies, from 2003 to 2008.
Separately, the Company announced the appointment of Robert
A. Schriesheim, Executive Vice President and Chief Financial
Officer of Sears Holding Corporation, to its Board of Directors
filling a vacancy on the seven member board that was created when
the Company emerged from bankruptcy in June. Mr. Schriesheim
was also appointed as Chair of the Audit Committee of the Board of
Directors. Additional information regarding the Company's
board of directors is included on the company's website at
http://www.nii.com/boardofdirectors.html.
About NII Holdings, Inc.
NII Holdings, Inc., a publicly held company based
in Reston, VA, is a provider of differentiated mobile
communication services for businesses and high value consumers
in Brazil and Argentina. NII Holdings, operating under
the Nextel brand in Brazil and Argentina, offers
fully integrated wireless communications tools with digital
cellular voice services, data services and wireless Internet
access. Visit the Company's website at www.nii.com.
Nextel, the Nextel logo and Nextel Direct Connect are
trademarks and/or service marks of Nextel Communications,
Inc.
Visit NII Holdings' news room for news and to access
our markets' news center:
www.nii.com/newsroom.html.
Media Contacts:
NII Holdings, Inc.
1875 Explorer Street, Suite 800
Reston, VA. 20190
(703) 390-5100
www.nii.com
Investor and Media Relations:
Tahmin Clarke
(703) 390-7174
tahmin.clarke@nii.com
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SOURCE NII Holdings, Inc.