Profile: Sprint Corp (S.N)
2 Sep 2015
Sprint Corporation, incorporated on October 5, 2012, is a holding company, with operations conducted by its subsidiaries. The Company, along with its subsidiaries is a wireless communications company offering a range of wireless and wireline communications products and services that are designed to meet the needs of consumers, businesses, government subscribers and resellers. The Company operates in two segments: Wireless and Wireline. Its services are provided through its ownership of wireless networks, an all-digital global wireline network and a Tier 1 Internet backbone. The Company offers wireless and wireline services to subscribers in all 50 states, Puerto Rico, and the United States Virgin Islands under the Sprint corporate brand, which includes its retail brands of Sprint, Boost Mobile, Virgin Mobile and Assurance Wireless on its wireless networks utilizing various technologies, including third generation (3G) code division multiple access (CDMA), fourth generation (4G) services utilizing long term evolution (LTE) and worldwide interoperability for microwave access (WiMAX) technologies. The Company markets its postpaid services under the Sprint brand. The Company markets its prepaid services under the Sprint, Boost Mobile, Virgin Mobile and Assurance Wireless brands.
The Company offers wireless services on a postpaid and prepaid payment basis to retail subscribers and also on a wholesale basis, which includes the sale of wireless services that utilize the Sprint network but are sold under the wholesaler's brand. In addition, the Company enables a range of business and consumer third-party relationships through its portfolio of machine-to-machine solutions, which the Company offers on retail postpaid and wholesale basis. Its machine-to-machine solutions portfolio provides a real-time wireless two-way data connection across a range of connected devices. In its postpaid portfolio, the Company offers various price plans for both consumer and business subscribers. Its price plans include unlimited talk, text and data or allow subscribers to purchase monthly data allowances. The Company also offers family plans that include multiple lines of service under one account. The Company offers these plans with traditional subsidy, installment billing or leasing programs.
Some of its wholesale mobile virtual network operators (MVNO) are also selling prepaid services under the Lifeline program. The Company also provides voice and data services in numerous countries outside of the United States through roaming arrangements. The Company offers customized design, development, implementation and support for wireless services provided to large companies and government agencies. Its services are provided using an array of devices and applications and services that run on these devices. Its device portfolio includes various handsets from various original equipment manufacturers (OEMs), as well as hotspots, which allow the connection of multiple Wi-Fi enabled devices to the Sprint platform and embedded tablets and laptop devices. Subscribers have additional options to purchase eligible devices through its installment billing program, Sprint Easy Pay, or to lease eligible devices through its lease program. In addition, the Company sells accessories, such as carrying cases, hands-free devices and other items to subscribers, and the Company sells devices and accessories to agents and other third-party distributors for resale.
The Company delivers wireless services to subscribers primarily through its Sprint platform network. Its Sprint platform uses primarily 3G CDMA and 4G LTE wireless technologies. The Company provides nationwide service through a combination of operating its own network in both major and smaller United States metropolitan areas and rural connecting routes, affiliations under commercial arrangements with third-party affiliates and roaming on other providers' networks.
The Company competes with AT&T, Verizon Wireless (Verizon), T-Mobile and TracFone Wireless.
The Company provides a suite of wireline services to other communications companies and targeted business and consumer subscribers. In addition, the Company provides services to its Wireless segment. Its services are provided through an all-digital global wireline network and a Tier 1 Internet backbone. Its services and products include domestic and international data communications using various protocols such as multiprotocol label switching technologies (MPLS), managed network services, Voice over Internet protocol (VoIP), session initiated protocol (SIP) and traditional voice services. Its Internet protocol (IP) services can also be combined with wireless services. Such services include its Sprint Mobile Integration service, which enables a wireless handset to operate as part of a subscriber's wireline voice network, and its DataLink service, which uses its wireless networks to connect a subscriber location into their primarily wireline wide-area IP/MPLS data network. Its Wireline segment markets and sells its services primarily through direct sales representatives.
The Company competes with AT&T, Verizon Communications, CenturyLink and Level 3 Communications, Inc.
6200 Sprint Pkwy
OVERLAND PARK KS 66251-6117
Company Web Links
- SoftBank acquires more shares in Sprint for about $87 million
- UPDATE 1-SoftBank acquires more shares in Sprint for about $87 mln
- SoftBank plans near $1 billion buyback as confidence in Sprint renewed
- UPDATE 2-SoftBank plans near $1 bln buyback as confidence in Sprint renewed
- SoftBank Q1 profit rises, sees light at end of tunnel on Sprint