1037016--2/27/2008--NII_HOLDINGS_INC

related topics
{system, service, information}
{regulation, government, change}
{customer, product, revenue}
{operation, international, foreign}
{control, financial, internal}
{cost, operation, labor}
{tax, income, asset}
{debt, indebtedness, cash}
{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. Because we rely on one supplier to implement our digital mobile networks, any failure of that supplier to perform could adversely affect our operations. 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. 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. 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. Government regulations determine how we operate in various countries, which could limit our growth and strategic plans. If our licenses to provide mobile services are not renewed, or are modified or revoked, our business may be restricted. Costs and other aspects of a future deployment of advanced digital technology could adversely affect our operations. Agreements with Motorola reduce our operational flexibility and may adversely affect our growth or operating results. Our current and future debt may limit our flexibility and increase our risk of default. Any modification or termination of our trademark license with Nextel Communications could increase our costs. If we fail to maintain an effective system of internal controls, we may not be able to accurately report our financial results or prevent fraud. As a result, current and potential stockholders could lose confidence in our financial reporting, which could harm our business and the trading price of our stock. 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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