RESTON (dpa-AFX) - NII Holdings, Inc. [NIHD], a provider of differentiated mobile communications services operating under the Nextel brand in Latin America, announced that, effective immediately, Sergio Borges Chaia will no longer serve as president of the company's Brazilian subsidiary, Nextel Brazil. NII Holdings will conduct a search to identify a new president for Nextel Brazil.
Gokul Hemmady, NII's chief operating officer, will now spend the majority of his time, along with Claudio Hidalgo, Nextel Brazil's chief operating officer, and the local leadership team, overseeing the company's operations in Brazil until a successor to Mr. Chaia is named.
'We have decided to move forward in a new direction to ensure Nextel Brazil is able to execute on its goals and deliver results,' said Steve Dussek, NII Holdings' chief executive officer.
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