NII Holdings, Inc.

Market Summary

Nextel Telecomunicações Ltda.

Rua Bela Cintra, 1196
01415-908 Sao Paulo - SP
Brazil

tel 55 11 2145 1000
www.nextel.com.br

Language: Portuguese

President: Sergio Borges Chaia
Number of Employees: 5,000
Covered Population: 85 million

Primary Cities of Operation: Araquari, Araras, Belo Horizonte, Brasília, Campinas, Contagem, Curitiba, Duque de Caxias, Goiânia, Guarulhos, Ibaté, Nova Iguaçu, Osasco, Portão, Porto Alegre, Ribeirão Preto, Rio de Janeiro, Santo André, São Bernardo do Campo, Santos, São Gonçalo, São José dos Campos, São Paulo, São Sebastião do Caí, Sorocaba, Uberaba and Uberlândia.

Population in licensed areas: 178 million
Covered population: 88 million
% GDP covered: 67%

The company’s outstanding performance earned regional notice and Nextel Brazil was recognized as one of the top 5 companies in customer service in 2009, according to Exame magazine / IBRC (Brazilian Institute for Customer Relationship). The company was also voted by Info Exame magazine readers as the brand of the year in Mobile Phones category in 2010 and it was ranked among the Top 150 Best Companies to Work For by Você S/A /Exame magazine for four consecutive years.

Nextel Brazil invests in social responsibility with Instituto Nextel, a non-governmental organization focused on professional education of adolescents. The NGO has activities in São Paulo, Salvador and Rio de Janeiro and it has already benefited around 500 youths in social risk conditions in the three states where it operates.

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Market Summary

Nextel Argentina

Nextel Communications Argentina S.A.

Nextel Brazil

Nextel Telecomunicações Ltda.

Nextel Chile

Centennial Cayman Corp. Chile S.A.

Nextel Mexico

Comunicaciones Nextel de Mexico S.A. de C.V.

Nextel Peru

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