0001037016-14-000032.txt : 20140708 0001037016-14-000032.hdr.sgml : 20140708 20140708165435 ACCESSION NUMBER: 0001037016-14-000032 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20140703 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20140708 DATE AS OF CHANGE: 20140708 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NII HOLDINGS INC CENTRAL INDEX KEY: 0001037016 STANDARD INDUSTRIAL CLASSIFICATION: RADIO TELEPHONE COMMUNICATIONS [4812] IRS NUMBER: 911671412 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-32421 FILM NUMBER: 14965847 BUSINESS ADDRESS: STREET 1: 1875 EXPLORER ST. STREET 2: SUITE 1000 CITY: RESTON STATE: VA ZIP: 20190 BUSINESS PHONE: 7033905100 MAIL ADDRESS: STREET 1: 1875 EXPLORER ST. STREET 2: SUITE 1000 CITY: RESTON STATE: VA ZIP: 20190 FORMER COMPANY: FORMER CONFORMED NAME: NEXTEL INTERNATIONAL INC DATE OF NAME CHANGE: 19970919 FORMER COMPANY: FORMER CONFORMED NAME: MCCAW INTERNATIONAL LTD DATE OF NAME CHANGE: 19970402 8-K 1 form8-k07082014.htm 8-K Form 8-K (June 2014)


                                                                                                            

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________

FORM 8-K


CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 3, 2014
___________

NII HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction
of incorporation)
000-32421
(Commission File Number)
91-1671412 
(IRS Employer
Identification No.)
 
 
 
1875 Explorer Street, Suite 1000
Reston, Virginia
 (Address of principal executive offices)

20190
(Zip Code)

Registrant's telephone number, including area code: (703) 390-5100

Not Applicable
(Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))

o    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
                                                                                                            








Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

NII Holdings, Inc. (the "Company") previously disclosed that John McMahon, in addition to serving as the Company's President, Argentina and Chile Operations, would serve as Interim President, Nextel Mexico until the Company names a successor. On July 3, 2014, the Company appointed Salvador Alvarez as President, Nextel Mexico effective July 14, 2014 and Mr. McMahon voluntarily resigned from the position of Interim President, Nextel Mexico also effective on that date. Mr. Alvarez has served in a variety of leadership roles with companies in Latin America, including serving as the chief executive officer of Maxcom, a fixed line telecommunications company in Mexico, from 2009 to 2013 and chief executive officer of Corporativo Corvi, a holding company for companies engaged in the distribution of groceries and merchandise in Mexico, from 2003 to 2008.

In addition, effective July 31, 2014, Mr. McMahon will no longer serve as President, Argentina and Chile Operations and will leave the Company on that date. Upon Mr. McMahon’s departure, oversight of the Company's operations in Argentina and Chile will be directed by Gokul Hemmady, the Company’s Chief Operating Officer.

The full text of the Company's press release announcing the matters described herein is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01    Financial Statements and Exhibits.

Exhibit No.
 
Description
99.1
 
Press Release dated July 8, 2014








SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
 
 
NII HOLDINGS, INC.
 
 
 
(Registrant)
 
 
 
 
 
 
 
 
 
 
Dated: July 8, 2014
 
By: /s/ SHANA C. SMITH                    
 
 
 
Shana C. Smith
 
 
 
Vice President and Secretary
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                                    
 





EXHIBIT INDEX

Exhibit No.
 
Description
99.1
 
Press Release dated July 8, 2014
 
 
 
 
 
 






EX-99.1 2 exhibit991-pressrelease.htm EXHIBIT 99.1 Exhibit 99.1 - Press Release




Exhibit 99.1


NII HOLDINGS, INC. ANNOUNCES CHANGES TO EXECUTIVE MANAGEMENT TEAM

RESTON, Va., July 8, 2014 - 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 ConnectSM, 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



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