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. NII recently launched HSDPA-based 3G service in Mexico as planned expansion in other countries continues.
 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.
 External links