This wireless spinoff from Nextel Communications is riding the wave of wireless adoption in Latin America. Focusing on business users with Nextel's pioneering walkie talkie-like phone, the carrier foresees even greater growth ahead after acquiring licenses for additional spectrum in Mexico and Brazil.
Today, only a third of the population subscribes to wireless phones -- leaving room for NII to pick off the most lucrative customers in the region. Today, the carrier boasts the highest revenue per subscriber and the lowest churn rates in Latin America.
All figures are for the most recent available 12 months.
* Latest available data for the 12-month period ended Dec. 31, Jan. 31, Feb. 29, Mar. 31, or Apr. 30. For companies that do not report quarterly, the most recent annual data were used.
Data provided by Standard & Poor's Compustat, BusinessWeek
NII Holdings, Inc. provides digital wireless communication services in Latin America. The company’s digital mobile networks support multiple digital wireless services, which include digital mobile telephone service, including advanced calling features, such as speakerphone, conference calling, voice-mail, call forwarding, and additional line service; Nextel direct connect service, which allows subscribers in the same country to talk to each other instantly on a push-to-talk basis, on a private one-to-one call, or on a group call; Internet services, mobile messaging services, email, and advanced Java enabled business applications; and international roaming capabilities. It offers its integrated digital mobile services in Mexico, Brazil, Peru, and Argentina. In addition, the company also offers analog mobile radio or digital enhanced mobile radio services, or a combination of both in Chile. The company markets its wireless communications services primarily to businesses through mobile work forces and/or multiple locations, such as service companies, security firms, contractors, and delivery services. The company has strategic relationship with Motorola, Inc. NII Holdings was organized in 1995. The company was formerly known as Nextel International, Inc. and changed its name to NII Holdings, Inc. in 2001. The company has its principal executive offices in Reston, Virginia.
No. of Employees
4,926
Data provided by
Steven M. Shindler
Bio
Steven M. Shindler has been serving as a Director on the board of NII Holdings since 1997, Chief Executive Officer since 2000 and Chairman of the Board since November 12, 2002. Mr. Shindler also served as Executive Vice President and Chief Financial Officer of Nextel Communications from 1996 until 2000. From 1987 to 1996, Mr. Shindler was an officer with Toronto Dominion Bank, where most recently, he was a managing Director in its communications finance group. Mr. Shindler is a graduate of the University of Michigan, where he earned a Bachelor of Arts in Economics, and received a Masters degree in Business Administration from Cornell University.
* Latest available fiscal year
** The sum of the net value of options exercised and held in the latest available fiscal year
Key Executives
Steven M. Shindler, Lo van Gemert, Byron R. Siliezar, Robert J. Gilker, John McMahon, Douglas Dunbar, Alan Strauss, Ricardo L. Israele, Catherine E. Neel, Jose Felipe, Peter A. Foyo, Miguel E. Rivera
Board Members
Steven M. Shindler, Neal P. Goldman, Charles M. Herington, John W. Risner, Steven P. Dussek, Carolyn Katz, Donald E. Morgan, George A. Cope
