Get the latest delivered to your inbox
Privacy Policy

Now Reading

Worldfund Honors Steven M. Shindler Executive Chairman of NII Holdings

Worldfund Honors Steven M. Shindler Executive Chairman of NII Holdings

Published 06-10-08

Submitted by NII Holdings, Inc.

RESTON, Va., June 10 /PRNewswire-FirstCall/ -- NII Holdings, Inc. (Nasdaq: NIHD) today announced that the company's Executive Chairman Steven M. Shindler was recognized by the World Education & Development Fund (Worldfund) at its 4th annual Education Leadership Award Dinner and Gala in New York City. Steve Shindler received the Worldfund Education Leadership Award, honoring him for his personal and professional commitment to education in the region. The event brought together hundreds of Latin American and U.S. business leaders to support education for underprivileged children throughout Latin America, raising more than $1.7 million to support Worldfund's mission of financing high-quality and results-driven education in Latin America. Jose Sergio Gabrielli, President and CEO of Petrobras, was also honored with the Education Leadership Award.

"NII Holdings and its employees have a deeply rooted commitment to Latin America," said Shindler. "We are honored to be a part of the Worldfund's mission to use education as a means to transform the lives of thousands of underprivileged children in the region."

Since becoming a supporter of the organization in 2006, NII Holdings has participated in several key Worldfund projects in Latin America including:

  • The Mano Amiga Santa Maria School in Buenos Aires, Argentina, providing high-quality education to 270 preschool through fourth grade students.
  • The Tertio Millennio preschool project which serves Sao Paulo's poorest neighborhoods by offering quality childcare and job training for parents.
  • The Mano Amiga Santa Catarina School in Nuevo Leon, Mexico, providing high-quality education to 753 preschool through eighth grade students.
  • The IAPE 2007 Summer Program in New Hampshire, U.S., providing Mexican public school teachers with training, enhancing their skills to effectively teach English.
Worldfund's unique mission is to support high-quality and results-driven education in Latin America -- the key to transforming lives and reducing poverty. The organization achieves its mission through its investment in schools, gifted student programs and superior teacher training. It is a targeted and efficient pan-regional platform that finances and manages education initiatives, providing a critical link between private investment and educational attainment in Latin America. Worldfund has invested US$4 million in education programs throughout the region since its launch in December 2002, directly impacting students in nine Latin American nations. Worldfund expects to invest US$50 million over the next seven years to directly reach 250,000 students.

"The poor level of education in Latin America is the most significant factor thwarting economic and social development in the region," said Luanne D. Zurlo, Worldfund founder and executive director. "Steve Shindler and NII Holdings have made a tremendous contribution to our mission of providing high-quality education, and we are pleased to honor him today."

As part of NII Holdings' efforts to create awareness for the Worldfund organization's mission, the two organizations together hosted today's NASDAQ opening bell ceremony. To view the ceremony, please visit: http://www.nasdaq.com/about/marketsitetowervideo.asx

About Worldfund

Worldfund is a New York based 501(c)(3) charity whose mission is to raise education levels in Latin America. For more information about Worldfund and its current projects, please visit www.worldfund.org or call (212) 228-5353.

About NII Holdings, Inc.

NII Holdings, Inc., a publicly held company based in Reston, Va., is a leading provider of mobile communications for business customers in Latin America. NII Holdings, Inc. has operations in Mexico, Brazil, Argentina, Peru and Chile offering a fully integrated wireless communications tool with digital cellular voice services, data services, wireless Internet access and Nextel Direct Connect(R) and International Direct Connect(TM), a digital two-way radio feature. NII Holdings, Inc., a Fortune 1000 company, trades on the NASDAQ market under the symbol NIHD and is a member of the NASDAQ 100 Index. Visit the Company's website at http://www.nii.com.

Nextel, the Nextel logo, Nextel Online, Nextel Business Networks and Nextel Direct Connect are trademarks and/or service marks of Nextel Communications, Inc.

NII Holdings, Inc.

NII Holdings, Inc.

More from NII Holdings, Inc.

Join today and get the latest delivered to your inbox