Post 200: Top D.C.-Area Businesses

NII Holdings Inc. / NIHD

About NII Holdings Inc.

1875 Explorer St., Suite 1000, Reston, Va. 20191
www.nii.com | 703-390-5100 | Founded: 1996

Industry: Telecommunications | Category: Top 100 Companies

In 2006, NII Holdings' subscriber base expanded more rapidly than it had the year before in the five countries where it operates: Argentina, Brazil, Chile, Mexico and Peru. For the year, it added more than 900,000 customers, most of them small and medium-size businesses, ending 2006 with 3.4 million.
In its earnings report for the fourth quarter of 2006, NII said it had extended the term of its supply agreement with Motorola and acquired the assets of Cosmofrecuencias in Mexico.
Tim Perrott, vice president for investor relations, said in an interview that the company's chief goal is to continue gaining subscribers in those five countries rather than launch operations in a new nation. (The company does not provide services in the United States.) He said NII sees the economic and political climates in the five countries as "very strong and improving."

2007 Financial Data

Total employees: 7,748 | Local employees: 140

Company Leadership

Steven M. Shindler CEO
Lo van Gemert President and COO
Peter Foyo President, Nextel Mexico
Jose Felipe President, Nextel Mercosur
Byron R. Siliezar VP and CFO

Source: Compensation data provided by Equilar, Inc..

Steven M. Shindler
Chairman and Chief Executive Officer
$6,965,991
Salary: $711,250
Gokul V. Hemmady
Vice President and Chief Financial Officer
$3,698,678
Salary: $247,179

Did You Know

NII Holdings, a former subsidiary of Nextel (now Sprint Nextel), sells Nextel's wireless service in five Latin American countries.

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