|Exchange:||NASDAQ national market|
|Stock:||NII Holdings Inc|
|NII Holdings, Inc. was incorporated in Delaware in 2000 as Nextel International, Inc. In December 2001, the Company changed its name from Nextel International, Inc. to NII Holdings, Inc. The Company provides wireless communication services under the NextelTM brand, mainly targeted at meeting the needs of subscribers who use its services to improve the productivity of their businesses and subscribers who make the individual decision to use its service for both professional and personal needs. It provides services through operating companies located in Brazil, Mexico, Argentina, Peru and Chile, with its principal operations located in major business centers and related transportation corridors of these countries. It provides its services in urban and suburban centers with high population densities where there is a concentration of the country’s business users and economic activity. The services the Company currently offers include: mobile telephone service; Nextel Direct Connect® and International Direct Connect® service, which allows subscribers to talk to each other instantly, on a push-to-talk basis, for private one-to-one calls or group calls; value-added services, including text messaging services; mobile internet services; e-mail services; location-based services, which include the use of Global Positioning System, or GPS, technologies; digital media services; and a wide ranging set of applications available via the Company’s content management system, as well as the Android open application market; business solutions, such as security, work force management, logistics support and other applications that help its business customers improve their productivity; and international roaming services. As of December 31, 2012, its operating companies had a total of about 11.36 million handsets and other devices in commercial service, including data cards, which represented an increase of about 650 thousand, or 6% from December 31, 2011. The Company offers a range of wireless communications services and related subscriber equipment and a variety of service plans with different rate structures that are designed to meet the needs of its targeted customer groups. These services and equipment have been designed to provide features that meet those customers’ needs for fast and reliable voice and data communications that allow them to conduct business quickly and efficiently. The Company competes with America Movil, which has the largest wireless market share in Mexico and has significant operations in Brazil, Argentina, Peru and Chile; and Telefonica Moviles, which has the largest wireless market share in Brazil and Peru, and has significant wireless operations in Mexico, Argentina and Chile. The company also competes with regional or national providers of mobile wireless voice communications, such as Telemar’s Oi and Telecom Italia Mobile, or TIM, in Brazil and Argentina, Entel in Chile and Iusacell in Mexico. The licensing, construction, ownership and operation of wireless communications systems are regulated by governmental entities in the markets in which its operating companies conduct business.|
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