NII Holdings Reschedules Earnings Announcement to November 7, 2012

RESTON, Va., Oct. 30, 2012 /PRNewswire/ --NII Holdings, Inc. (NASDAQ: NIHD) today announced that due to the severe weather effects of Hurricane Sandy, the company will reschedule its third quarter 2012 earnings announcement and conference call to November 7, 2012.

(Logo: http://photos.prnewswire.com/prnh/20110919/FL70458LOGO)

"We've made the decision to reschedule our earnings announcement to provide our employees and stakeholders the time necessary to focus on their safety and recovery in the aftermath of Hurricane Sandy," said Steve Dussek, NII Holdings' chief executive officer.

Following the earnings announcement, the Company will host a conference call with its senior management to discuss its results and recent business activities. The details of the conference call are posted below.

When:	Wednesday, November 7, 2012
Time:	8:30 AM - 9:15 AM EDT
Phone:	Domestic 1 866 730.5766 pass-code: NII HOLDINGS
	International +1 857 350.1590 pass-code: NII HOLDINGS
	Please click here for additional Global Access Numbers

All participants are asked to dial in 10-15 minutes prior to the start of the conference call. If you are unable to participate, a rebroadcast of the conference call will be available for two weeks following the call. The call will also be available via webcast, online at www.nii.com on the Investor Relations page.

For a replay of this call, please use the following:

Conference Call Replay:
	Domestic 1 888 286.8010 pass-code: 81351943
	International +1 617 801.6888 pass-code: 81351943

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.

Media Contacts:

NII Holdings, Inc.
1875 Explorer Street, Suite 1000
Reston, VA. 20190
[phone]
www.nii.com

Investor Relations: Tim Perrott
[phone]
[e-mail]

Media Relations: Claudia Restrepo
[phone]
[e-mail]

SOURCE NII Holdings, Inc.