NEXTEL PERU SELECTS LUCENT FOR MANAGED SERVICES.

Lucent Technologies (NYSE:LU) has been selected by Nextel Peru, a leading provider of fully integrated wireless communications services in Peru, to provide managed services for Nextel's multi-vendor network.

Lucent Worldwide Services (LWS) will provide first and second level maintenance and support services for Nextel Peru's 300 cell sites, including base stations, power, towers, RF antennas, and AC, located in a 1,000 kilometers extension along the coast of Peru, including Lima.

Nextel Peru expects this agreement will allow them to increase efficiencies in the management of their network, reduce operating expenses and focus on their core business of customer services and strategic growth.

Nextel Peru joins some 30 other service providers around the world who are leveraging the expertise of Lucent Worldwide Services in managing complex communications systems to ensure the quality and reliability of their networks. Lucent has signed more than a half dozen contracts with service providers in the CALA region over the last few years.

"Lucent comprehensive technical support and field maintenance expertise will enable Nextel Peru to reduce business risks and downtime, allowing them to focus on their customers," said Manuel Mijares, vice president of Lucent Worldwide Services in the Caribbean and Latin America. "This contract validates Lucent's strategy of providing customers with multi-vendor services to improve network operations, network performance, and network reliability."

With more than 100 years of worldwide tradition in services, Lucent has broad knowledge of its customers' needs and focus on protecting their investments. Today, Lucent Worldwide Services provides operations and maintenance services to more than 30 operators around the world.

About Nextel del Peru

Nextel del Peru S.A., a NII Holdings, Inc. subsidiary, is a leading provider of mobile communications for business customers in Peru, offering a fully integrated wireless communications tool with Nextel Direct Connect SM service (a digital two-way radio feature), digital telephone interconnection, text/numeric paging and Nextel Online (wireless Internet access).

Visit the company's website at http://www.nextel.com.pe.

About NII Holdings

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 Argentina, Brazil, Mexico and Peru, with digital cellular service, text/numeric paging, wireless Internet access and Nextel Direct Connect SM service, a digital two-way radio feature. NII Holdings, Inc., trades on the NASDAQ market under the symbol NIHD.

Visit the company's website at http://www.nii.com.

About Lucent Technologies

Lucent Technologies designs and delivers the systems, services and software that drive next-generation communications networks. Backed by Bell Labs research and development, Lucent uses its strengths in mobility, optical, software, data and voice networking technologies, as well as services, to create new revenue-generating opportunities for its customers, while enabling them to quickly deploy and better manage their networks. Lucent's customer base includes communications service providers, governments and enterprises worldwide. For more information on Lucent Technologies, which has headquarters in Murray Hill, N.J., USA,

For more information, visit http://www.lucent.com or call 954/885-2810.