1037016--2/26/2009--NII_HOLDINGS_INC

related topics
{system, service, information}
{regulation, government, change}
{customer, product, revenue}
{debt, indebtedness, cash}
{operation, international, foreign}
{cost, operation, labor}
{tax, income, asset}
{capital, credit, financial}
{loss, insurance, financial}
{competitive, industry, competition}
If we are not able to compete effectively in the highly competitive wireless communications industry, our future growth and operating results will suffer. We operate exclusively in foreign markets, and our assets, customers and cash flows are concentrated in Latin America, which presents risks to our operating plans. Our funding needs and debt service requirements could make us more dependent on external financing. If we are unable to obtain financing, our business may be adversely affected. Our current and future debt may limit our flexibility and increase our risk of default. Because we rely on one supplier for equipment used in our mobile networks, any failure of that supplier to perform could adversely affect our operations. Costs and other aspects of a future deployment of advanced technology could adversely affect our operations. Government regulations determine how we operate in various countries, which could limit our growth and strategic plans. Our reliance on indirect distribution channels for a significant portion of our sales exposes us to the risk that our sales could decline or cost of sales could increase if there are adverse changes in our relationships with, or the condition of, our indirect dealers. The costs we incur to connect our operating companies networks with those of other carriers are subject to local laws in the countries in which they operate and may increase, which could adversely impact our financial results. If our licenses to provide mobile services are not renewed, or are modified or revoked, our business may be restricted. Agreements with Motorola reduce our operational flexibility and may adversely affect our growth or operating results. Any modification or termination of our trademark license with Nextel Communications could increase our costs. We have significant intangible assets that may not generate adequate value to satisfy our obligations in the event of liquidation. Concerns about health risks associated with wireless equipment may reduce the demand for our services. Our forward-looking statements are subject to a variety of factors that could cause actual results to differ materially from current beliefs.

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