Nextel Peru to Offer the Huawei U8820 on Next-Generation Platform
RESTON, Va., April 25, 2012 /PRNewswire/ -- NII Holdings, Inc., [NASDAQ: NIHD], a provider of differentiated mobile communication services operating under the Nextel brand in Latin America, announced today that its operating subsidiary, Nextel Peru, along with partner Huawei Technologies Co. Ltd, will launch the U8820, the Company's first Push-to-Talk (PTT) Android-based smartphone in Peru. This new device represents a milestone in the expansion of NII's differentiated products and services on its new third generation (3G) platform and sets the foundation for even more advanced communications in the future.
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"We are excited about offering our first 3G smartphone with Push-to-Talk capabilities in Peru," said Greg Santoro, executive vice president, chief marketing and strategy officer at NII Holdings. "As we deploy our next-generation networks across our markets, we continue our commitment to delivering differentiated high quality wireless products and services that meet the needs of our growing customer base," he added.
The U8820 adds to Nextel Peru's cutting-edge handset portfolio by being the first smartphone equipped with the power of Nextel's high performance PTT service, a high speed Internet connection, and the option to hold group direct connect calls, making it an ideal business tool.
"As Peruvian wireless customers' preference continues to shift toward the most advanced handheld devices and services available on the market, we feel confident that our new handset portfolio and enhanced services will meet the growing demand in Peru," said Mariano Orihuela, vice president of marketing of Nextel Peru. "The U8820 represents our best features in one product that will enrich our customers' productivity and efficiency."
Paired with industry-leading PTT services, the U8820 smartphone includes access to email and social networks, is equipped with a 3.8" touchscreen display, built-in Wi-Fi, a 5-megapixel camera with flash, and 4GB internal memory that helps subscribers in Peru maintain a competitive business edge.
The launch of our next-generation platform and high speed data services on a single device is a result of the combined efforts of our strategic partners Huawei and Qualcomm Incorporated, the supplier of the QChat® platform that powers the PTT service.
The U8820 will be available from Nextel Peru starting May 2012.
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, 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 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 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
Huawei is a leading global information and communications technology (ICT) solutions provider. Through our dedication to customer-centric innovation and strong partnerships, we have established end-to-end advantages in telecom networks, devices and cloud computing. We are committed to creating maximum value for telecom operators, enterprises and consumers by providing competitive solutions and services. Our products and solutions have been deployed in over 140 countries, serving more than one third of the world's population.
Huawei's vision is to enrich life through communication. By leveraging our experience and expertise in the ICT sector, we help bridge the digital divide by providing opportunities to enjoy broadband services, regardless of geographic location. Contributing to the sustainable development of the society, economy, and the environment, Huawei creates green solutions that enable customers to reduce power consumption, carbon emissions and resource costs.
For further information, please go to www.huawei.com
Qualcomm and QChat are registered trademarks of Qualcomm Incorporated.
Safe Harbor Statement
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995. This news release includes "forward-looking statements" within the meaning of the securities laws. The statements in this news release regarding the deployment of 3G networks and service offerings, 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, the timing of various events and the economic and regulatory environment. 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 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.
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