RESTON, Va., Nov. 19, 2012 /PRNewswire/ -- NII Holdings,
Inc. [NASDAQ: NIHD], a provider of differentiated mobile
communications services operating under the Nextel brand in
Latin America, today announced
that, effective immediately, Sergio Borges
Chaia will no longer serve as president of the Company's
Brazilian subsidiary, Nextel Brazil.
(Logo: http://photos.prnewswire.com/prnh/20110919/FL70458LOGO)
"We have decided to move forward in a new direction to ensure
Nextel Brazil is able to execute on its goals and deliver results,"
said Steve Dussek, NII Holdings'
chief executive officer. "Gokul
Hemmady, NII's chief operating officer, will now spend the
majority of his time, along with Claudio
Hidalgo, Nextel Brazil's chief operating officer, and the
local leadership team, overseeing the Company's operations in
Brazil until a successor to Mr.
Chaia is named. We thank Mr. Chaia for the time devoted to
Nextel Brazil during the past several years and wish him the best
in his future endeavors." The Company will conduct a search to
identify a new president for Nextel Brazil.
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 Latin America. NII Holdings, operating under
the Nextel brand in Brazil,
Mexico, Argentina, Peru and Chile, offers fully integrated wireless
communications tools with digital cellular voice services, data
services, wireless Internet access and Nextel Direct
Connect® and International Direct ConnectSM,
a digital two-way radio. NII Holdings is a Fortune 500 and
Barron's 500 company, and has also
been named one of the best places to work among multinationals in
Latin America by the Great Place
to Work® Institute. The company trades on the NASDAQ
market under the symbol NIHD. Visit the company's website at
www.nii.com.
Nextel, the Nextel logo and Nextel Direct Connect and
International Direct Connect are trademarks and/or service marks of
Nextel Communications, Inc., and are used by NII's subsidiaries
under license in Latin
America.
Visit NII Holdings' news room for news and to access our
markets' news centers: nii.com/newsroom.
Media Contacts:
NII Holdings, Inc.
1875 Explorer Street, Suite
1000
Reston, VA. 20190
(703) 390-5100
www.nii.com
Investor Relations: Tim
Perrott
(703) 390-5113
tim.perrott@nii.com
Media Relations: Claudia
Restrepo
(786) 251-7020
claudia.restrepo@nii.com
SOURCE NII Holdings, Inc.