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Conditions of Growth, Economic Analysis - Research Report on TIM Participacoes SA (ADR) and NII Holdings, Inc.

HONG KONG -- (Marketwire) -- 02/22/12 -- Today, www.EquityLeader.com introduced research coverage of TIM Participacoes SA (ADR) (NYSE: TSU) and NII Holdings, Inc. (NASDAQ: NIHD). Full research reports are available to readers at: www.EquityLeader.com/index.php?sm1=TSU&sm2=NIHD.

Economic fundamentals leading into 2012 have set a generally positive pace with GDP growth likely to pick up through the coming year. However, there are several important caveats to note as the world economy continues to face headwinds and risks weigh to the downside. Positive outlooks are conditional on fiscal policy in payroll taxes and unemployment insurance benefits and upon the easing of the European debt situation. A repeat of volatility experienced in 2011 is likely in 2012, as perceptions about the strength of the U.S. economy and the euro zone will vary over time as events unfold.

Despite the current situation, our team continues to identify high momentum situations with growth potential -- there remains strong opportunity within careful discretion.

Equity Leader has decided to cover TIM Participacoes SA (ADR) for its current position within the technology industry. TIM Participacoes SA (TIM) is a Brazil-based holding company engaged in the telecommunications segment. Through its subsidiaries, TIM Celular SA (TIM Celular) and Intelig Telecomunicacoes Ltda (Intelig), it provides telecommunication services throughout Brazil. A copy of this report detailing TIM Participacoes SA (ADR) (NYSE: TSU) is available at: www.EquityLeader.com/index.php?sm1=TSU.

Equity Leader is also taking note of NII Holdings, Inc. for its changing role within the technology industry. NII Holdings, Inc. (NII Holdings) provides wireless communication services under the Nextel brand through operating companies located in selected Latin American markets, with its principal operations located in Mexico, Brazil, Argentina, Peru and Chile. Nextel Direct Connect is a long-range walkie-talkie service for communication. To download free research on NII Holdings, Inc. (NASDAQ: NIHD) investors may visit: www.EquityLeader.com/index.php?sm2=NIHD.

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