This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

NII Holdings, Inc. Announces Changes To Executive Management Team

Stocks in this article: NIHD

RESTON, Va., July 8, 2014 /PRNewswire/ --  NII Holdings, Inc. [NASDAQ: NIHD], a provider of differentiated mobile communication services operating under the Nextel brand in Latin America, today announced that Salvador Alvarez will join the company as President, Nextel Mexico on July 14 and John McMahon, Interim President of Nextel Mexico, will be leaving Nextel Mexico and NII on July 31.  

Mr. Alvarez has served in a variety of leadership roles both in Latin America and internationally. Most recently, he acted as the CEO of Maxcom, a fixed line telecommunications company in Mexico, from 2009 to 2013. Prior to that, he was the CEO of Corporativo Corvi, a holding company for companies engaged in the distribution of groceries and merchandise in Mexico from 2003 to 2008. He also served in various leadership roles at ConAgra foods both within Mexico and internationally from 1997 to 2003. 

"I am pleased that Salvador Alvarez will be joining the Nextel Mexico team," said Mr. Shindler, Chief Executive Officer of NII Holdings. "With his strong leadership skills and past successes in improving operational performance, I am confident that Salvador will continue the operational turnaround to position our operations in Mexico to grow in the future. Salvador has extensive experience in helping companies to achieve excellence and his background in maximizing a company's growth potential will be an important asset for Nextel Mexico and NII."

Mr. Shindler added, " John McMahon has been a tremendous leader in our business for fourteen years, most recently overseeing Nextel Mexico on an interim basis steadily improving the efficiency of our operations there. He has also served as the leader of our Argentina and Chile operations as well as overseeing a team at NII. I want to thank him for his commitment and wish him the best of luck in his future endeavors."   

About NII Holdings, Inc. NII Holdings, Inc., a publicly held company based in Reston, Va., is a provider of differentiated mobile communication services for businesses and high value consumers in Latin America. NII Holdings, operating under the Nextel brand in Brazil, Mexico, Argentina and Chile, offers fully integrated wireless communications tools with digital cellular voice services, data services, wireless Internet access and Nextel Direct Connect ® and International Direct Connect SM, a digital two-way radio. NII Holdings is a Fortune 500 and Barron's 500 company, and has also been named one of the best places to work among multinationals in Latin America by the Great Place to Work ® Institute. The Company trades on the NASDAQ market under the symbol NIHD. Visit the Company's website at  www.nii.com.

Nextel, the Nextel logo and Nextel Direct Connect are trademarks and/or service marks of Nextel Communications, Inc.

Visit NII Holdings' news room for news and to access our markets' news centers:  nii.com/newsroom.

Media Contacts:

NII Holdings, Inc. 1875 Explorer Street, Suite 1000 Reston, VA. 20190 (703) 390-5100 www.nii.com

Investor Relations: Tahmin Clarke (703) 390-7174 tahmin.clarke@nii.com

Media Relations: Claudia Restrepo (786) 251-7020 claudia.restrepo@nii.com

 

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,300.33 -80.08 -0.49%
S&P 500 1,884.48 -2.28 -0.12%
NASDAQ 4,256.3440 -2.0940 -0.05%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs