NII Holdings

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NII Holdings, Inc.
Type Public
Traded as NASDAQNIHD
Industry Wireless Services
Founded 1995[citation needed]
Headquarters Reston, Virginia, United States
Key people Steven P. Dussek (CEO)
Products Two way messaging, Push to Talk
Employees 16,089
Website www.nii.com

NII Holdings Inc., formerly Nextel International, is a holding company that, through its various subsidiaries, provides iDEN-based mobile communications services under the Nextel brand in five Latin American countries including; Argentina, Brazil, Chile, Mexico and Peru.[1] NII recently launched HSDPA-based 3G service in Mexico as planned expansion in other countries continues.

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[edit] Agreement with Televisa

In February 2010, NII Holdings and Grupo Televisa signed a definitive agreement under which Televisa will acquire an equity stake in Nextel Mexico. Under the agreement, Televisa will invest $1.44 billion in cash for an initial 30% equity stake in Nextel Mexico, which reflects an implied pre-investment value of Nextel Mexico of $4.3 billion.[2]

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