NII Holdings Holding Its Own As 3G Looms
Wireless service provider NII Holdings seems to be fighting a David-vs.-Goliath battle in Latin America. Or maybe not. By focusing on a niche high-end business customers NII (NIHD) has so far avoided a direct clash with two industry giants. With 7 million customers in Latin America, NII Holdings is dwarfed by No. 1 America Movil’s (AMX) 181 million and No. 2 Telefonica’s (TEF) 129 million. Still, NII Holdings claims an edge over those rivals: