Full Description

Sprint Nextel Corporation (Sprint Nextel), incorporated in 1938, is a holding company that offers a range of wireless and wireline communications products and services for individual consumers, businesses and government customers. The Company conducts its operations through two segments: Wireless and Wireline. Sprint Nextel owns wireless networks and a global long distance, Tier 1 Internet backbone. The Company offers digital wireless service to subscribers in all 50 states, Puerto Rico and the United States Virgin Islands under the Sprint brand name utilizing wireless code division multiple access (CDMA) technology. The Company offers digital wireless services under its Nextel brand name using integrated digital enhanced network (iDEN) technology. On September 23, 2008, the Company closed the transaction with TowerCo Acquisition LLC, under which it sold 3,084 cell sites.

Wireless

Sprint Nextel offers a range of wireless voice and services to individuals, businesses and resellers that utilize CDMA and integrated Digital Enhanced Network (iDEN) technologies. It has introduced tools, such as One Click that allows customers to access various software applications through a single click on their mobile devices and Ready Now program trains the subscribers before they leave the store in how to use their mobile devices to ensure subscribers are informed about the features and functions of their new devices. The wireless data communications services include mobile productivity applications, such as Internet access and messaging and email services; wireless photo and video offerings; location-based capabilities, including asset and fleet management, dispatch services and navigation tools, and mobile entertainment applications, including the ability to view live television.

The Company’s wireless mobile voice communications services include basic local and long distance wireless voice services, as well as voicemail, call waiting, three way calling, caller identification, directory assistance, call forwarding, speakerphone and voice-activated dialing features. The Company offers customized design, development, implementation and support services for wireless services provided to large companies and government agencies. The Company’s services are provided using a variety of handsets and personal computer wireless data cards manufactured by various suppliers for use with the voice and data services. It also sells accessories, such as carrying cases, hands-free devices, batteries, battery chargers, and other items to subscribers.

The Company provides its Sprint-branded, post-paid, some of the Boost Mobile-branded prepaid and wholesale wireless services over the CDMA network, an all-digital wireless network with spectrum licenses that allow to provide service in all 50 states, Puerto Rico and the United States. It also provides nationwide service through operating its own digital network in United States metropolitan areas and rural connecting routes using CDMA technology; affiliations under commercial arrangements with third-party affiliates, or personal communications services (PCS) Affiliates; and roaming on other providers’ networks. Sprint Nextel provides Nextel-branded post-paid and most of the Boost Mobile-branded prepaid wireless services over iDEN network.

Wireline

The Company’s Wireline provides wireline voice and data communications services to the wireless segment, other communications companies, and business customers. It is also a provider of Internet protocol (IP), wide-area network and long distance services. The Company offers cable multiple system operators (MSOs) with local and long distance voice-over-IP (VoIP), communications services along with their bundled service offerings. Wireline’s services and products include domestic and international data communications using various protocol such as multi-protocol-label switching (MPLS), IP, IP-based frame relay, managed network services, VoIP, and traditional voice services. The Company’s Wireline segment markets and sells its services primarily through direct sales representatives.

The Company competes with AT&T, Verizon Communications, Qwest Communications, Level 3 Communications, Inc., Verizon Wireless, T-Mobile, Metro PCS Communications, Inc., and Leap Wireless International, Inc.