
Latin American mobile operator NII Holdings has announced the appointment of Francisco Tosta Valim Filho as the new president of its Brazilian unit Nextel Brazil. Valim replaces Gokul Hemmady, who has served as Nextel Brazil’s president since 2013, and will report directly to NII's CEO Steve Shindler. Prior to joining Nextel Brazil, Valim was CEO of Via Varejo, one of the largest electronic and furniture retailers in Latin America, and from 2011 to 2013 he served as CEO of telecoms operator Oi.
NII emerged from bankruptcy in June after a restructure that saw it sell Nextel Mexico to AT&T for USD 1.9 billion. It continues to operate under the Nextel brand in Brazil and Argentina but is said to be discussing the sale of its Argentine unit to concentrate on its Brazilian operations.