Sprint Nextel Approves Bylaw Amendment Allowing Shareholders to Call Special Meetings

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Thu Nov 12, 2009 11:30am EST

OVERLAND PARK, Kan.--(Business Wire)--
Sprint Nextel Corp. (NYSE:S) today announced that its Board of Directors has
approved an amendment to the corporate bylaws allowing the record holders of
shares representing at least 10 percent of all issued and outstanding common
stock to call a special meeting of shareholders. 

To call a special meeting, shareholders must submit a written request to the
Secretary of the Corporation that meets certain requirements stated in the
bylaws, including those related to the timing of similar items or the timing of
meetings already scheduled. 

The action follows approval at Sprint`s May 2009 Annual Meeting of a shareholder
proposal requesting this action. Approximately 77 percent of shares voted at the
Annual Meeting were cast in favor of the proposal. 

"The board`s action is another example of Sprint`s commitment to high standards
of corporate governance, and responsiveness to our shareholders," said Charles
Wunsch, Sprint`s General Counsel. "Our shareholders now have the ability, within
appropriate guidelines, to call a special shareholders meeting to consider
matters they believe are urgently important to Sprint." 

A copy of Sprint`s updated bylaws is available at www.sprint.com/governance. 

ABOUT SPRINT NEXTEL

Sprint Nextel offers a comprehensive range of wireless and wireline
communications services bringing the freedom of mobility to consumers,
businesses and government users. Sprint Nextel is widely recognized for
developing, engineering and deploying innovative technologies, including two
wireless networks serving more than 48 million customers at the end of the third
quarter of 2009 and the first and only 4G service from a national carrier in the
United States; industry-leading mobile data services; instant national and
international push-to-talk capabilities; and a global Tier 1 Internet backbone.
The company`s customer-focused strategy has led to improved first call
resolution and customer care satisfaction scores. For more information, visit
www.sprint.com.

Sprint Nextel
Media Contact:
James Fisher, 703-433-8677
james.w.fisher@sprint.com
or
Investor Relations Contact:
Yijing Brentano, 800-259-3755
investor.relations@sprint.com



Copyright Business Wire 2009

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