NII Holdings Inc. announced that Sergio Borges Chaia would no longer serve as the company's President, Nextel Brazil. In connection with Mr. Chaia leaving the company, the company and Mr. Chaia entered into an instrument of termination of the employment agreement and other covenants dated December 10, 2012.
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- Sergio Borges Chaia to Leave NII Holdings Inc. as President, Nextel Brazil