NII Holdings Announces an Agreement With Intelfon for International Direct Connect(SM) Services in El Salvador
RESTON, Va., July 15 /PRNewswire-FirstCall/ — NII Holdings, Inc. (Nasdaq: NIHD), a leading provider of mobile communication services operating under the Nextel brand in Latin America, today announced an agreement with Intelfon S.A. de C.V., operating under the RED brand, in El Salvador to extend their International Direct Connect service. International Direct Connect is an extension of NII’s high-performance Push-to-Talk service, DirectConnectÃ‚®, which allows users to communicate instantly at the push of a button.
With the launch of this service, Intelfon subscribers in El Salvador and approximately 7.7 million of Nextel’s subscribers in Argentina, Brazil, Chile, Mexico and Peru will be able to communicate instantly across national borders.
“Integrating Intelfon in El Salvador with NII’s International Direct Connect network represents yet another way in which we bring Nextel customers in Latin America differentiated wireless benefits,” said Greg Santoro, VP, Chief Strategy and Marketing Officer, NII Holdings. “Now, our subscribers doing business in that country will be able to communicate instantly, conveniently and without additional costs, something that no other operator in El Salvador currently offers.”
“Intelfon is pleased to provide its customers with additional services, as a result of its partnership with NII Holdings,” said Juan Carlos Jimenez, CEO. “This integration is part of our commitment to deliver the most efficient communications solution to our customers.”
NII Holdings’ subsidiaries in Latin America have been using International Direct Connect to communicate with each other since 2004. The instant connectivity service with the push of a button has enjoyed a great deal of success.
Utilizing Motorola iDENÃ‚® (Integrated Digital Enhanced Network) technology, International Direct Connect is a natural extension of Nextel’s Push-to-Talk service, which provides cost-effective communications with unmatched speed, reach and clarity. It also provides immediate access to iDEN wireless networks in North and South America.
About NII Holdings, Inc.
NII Holdings, Inc., a publicly held company based in Reston, Va., is a leading provider of mobile communications for business customers in Latin America. NII Holdings, Inc. has operations in Mexico, Brazil, Argentina, Peru and Chile offering a fully integrated wireless communications tool with digital cellular voice services, data services, wireless Internet access and Nextel Direct ConnectÃ‚® and International Direct Connect(TM), a digital two-way radio feature. NII Holdings, Inc., a Fortune 500 company, trades on the NASDAQ market under the symbol NIHD and is a member of the NASDAQ 100 Index. Visit the Company’s website at http://www.nii.com
Nextel, the Nextel logo, Nextel Online, Nextel Business Networks and Nextel Direct Connect are trademarks and/or service marks of Nextel Communications, Inc. iDEN is a registered trademark of Motorola.
Intelfon S.A. de C.V., operating under the RED brand, is a provider of mobile communications for business customers based in El Salvador. RED has operations in El Salvador offering a fully integrated wireless communications tool with digital cellular voice service, Direct Connect Service and International Direct Connect, a digital two- way radio feature using Motorola’s iDEN (integrated Digital Enhanced Network) Technology with 10 years in the market and more than 22 million subscribers worldwide. For more information visit www.red.com.sv
Motorola is known around the world for innovation in communications and is focused on advancing the way the world connects. From broadband communications infrastructure, enterprise mobility and public safety solutions to high-definition video and mobile devices, Motorola is leading the next wave of innovations that enable people, enterprises and governments to be more connected and more mobile. Motorola (NYSE: MOT) had sales of US $22 billion in 2009. For more information, please visit www.motorola.com
Forward-Looking Statements. This news release includes “forward-looking statements” within the meaning of the securities laws. The statements in this news release regarding the availability and performance of International Direct Connect, as well as other statements that are not historical facts, are forward-looking statements. Forward-looking statements are estimates and projections reflecting management’s judgment based on currently available information and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. With respect to these forward-looking statements, management has made assumptions regarding, among other things, availability of applications and compatibility of networks, usability of device features, and the timing of various events, among other things. Future performance cannot be assured and actual results may differ materially from those in the forward-looking statements. This press release speaks only as of its date, and NII Holdings disclaims any duty to update the information herein.
Contacts: Investor Relations: Tim Perrott (703) 390-5113 firstname.lastname@example.org Media Relations: Claudia E. Restrepo (786) 251-7020 email@example.com
SOURCE NII Holdings, Inc.