RESTON, Va., April 4, 2012 /PRNewswire/ -- NII Holdings, Inc., [NASDAQ: NIHD], a differentiated provider of mobile communication services operating under the Nextel brand in Latin America, announced today that it has appointed Dave Truzinski as vice president and chief information officer reporting to Gokul Hemmady, EVP, chief financial officer and chief transformation officer.
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"I am pleased to introduce Dave Truzinski as our new CIO," said Gokul Hemmady, NII Holdings' EVP, chief financial officer and chief transformation officer. "He has an outstanding track record as a technology and business leader for some of the top wireless companies in the world. Dave is an important addition to our leadership team bringing significant industry expertise to help us deliver on our vision of IT as a strategic enabler of our business across our markets."
Mr. Truzinski was most recently senior vice president and chief information officer at Leap Wireless / Cricket Communications, a position he held since 2005. At Leap, he developed the IT organization's execution capabilities and delivered a number of large-scale, business systems transformations. Prior to joining Leap, Mr. Truzinski was CIO for Cingular / AT&T Wireless' International Business, responsible for operations in Canada, the Caribbean and Taiwan. He also served as chief technology officer at ClickCollect, Inc. and as chief information officer at Insurancenow.com. From 1989 to 1999, he served in a variety of leadership capacities at AT&T Wireless / Cellular One. He has a B.S. in business administration from California State University, Sacramento.
"We have assembled a talented management team that is focused on executing our growth strategy and continuing to deliver superior quality and customer service across our markets, helping to drive our success today and in the future. It's an exciting time to be a part of NII as we invest in the expansion of our business and position the company to deliver more profitable growth. Dave's talents and experience will help NII reach its goals for the future," said Hemmady.
About NII Holdings, Inc.
NII Holdings, Inc., a publicly held company based in Reston, Va., is a differentiated provider of mobile communication services for businesses and high value consumers in Latin America. NII Holdings, operating under the Nextel brand in Brazil, Mexico, Argentina, Peru 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, a Fortune 500 and Barron's 500 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 and International Direct Connect are trademarks and/or service marks of Nextel Communications, Inc., and are used by NII's subsidiaries under license in Latin America.
Visit NII Holding's news room for news and to access our markets' news centers: www.nii.com/newsroom
Safe Harbor Statement
This news release includes "forward-looking statements" within the meaning of the securities laws. The statements in this news release regarding the business outlook and future performance are forward-looking statements. Forward-looking statements are 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. Future performance cannot be assured and actual results may differ materially from those in the forward-looking statements. Some factors that could cause actual results to differ include the risks and uncertainties relating to the impact of more intense competitive conditions and changes in economic conditions in the markets we serve; the impact on our financial results, and potential reductions in the recorded value of our assets, that may result from fluctuations in foreign currency exchange rates and, in particular, fluctuations in the relative values of the currencies of the countries in which we operate compared to the U.S. dollar; the risk that our network technologies will not perform properly or support the services our customers want or need, including the risk that technology developments to support our services will not be timely delivered; the risk that customers in the markets we serve will not find our services attractive; unexpected results of litigation; and the additional risks and uncertainties that are described from in NII Holdings' Annual Report on Form 10-K for the fiscal year ended December 31, 2011, as well as in other reports filed from time to time by NII Holdings with the Securities and Exchange Commission. This press release speaks only as of its date, and NII Holdings disclaims any duty to update the information herein.
Media Contacts:
NII Holdings, Inc.
1875 Explorer Street, Suite 1000
Reston, VA. 20190
(703) 390-5100
www.nii.com
Investor Relations: Tim Perrott
(703) 390-5113
[email protected]
Media Relations: Claudia E. Restrepo
(786) 251-7020
[email protected]
SOURCE NII Holdings, Inc.
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