Sprint Nextel
Telecommunications Company
Best of the blogs...is in place. The Overland Park company announced Friday that it had completed the tender offer for all the outstanding stock of iPCS, a Sprint affiliate. The $24-a-share offer expired late Wednesday. Sprint expects to require the remaining... In this article: Sprint, Garmin, and Overland Park |
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AP Online | 14 hours ago
Sprint completes tender offer for iPCS shares
OVERLAND PARK, Kan. (AP) - Sprint Nextel Corp. has taken another step toward acquiring wireless affiliate iPCS Inc. The Overland Park-based carrier said Friday that more than 12 million iPCS shares, or a majority of the outstanding stock,...
In this article: Sprint, Overland Park, Kansas, Michigan, Illinois, Tennessee, Pennsylvania, Iowa, and Ohio
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Kansas City Star | 15 hours ago
Sprint completes tender offer for iPCS
If you have questions, comments, concerns or news tips for Sprint Connection please send an e-mail to sprintconnection@kcstar.com. Sprint completes tender offer for iPCS One more key piece of Sprint's purchase of iPCS Inc. is in...
In this article: Sprint, E mail, and Overland Park
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Kansas City Star | 3 days ago
Sprint completes deal and adds Virgin Mobile's 5.25 million prepaid subscribers
...on Tue, Nov. 24, 2009 11:12 PM Sprint completes deal and adds Virgin Mobile's 5.25 million prepaid subscribers More News Sprint Nextel on Tuesday completed a $483 million deal to add Virgin Mobile USA's 5.25 million prepaid...
In this article: Virgin, Virgin Mobile, Boost Mobile, and Virgin Mobile USA
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Reuters | 3 days ago
Short Stocks: Bets build against Sprint, Saks
...loss at the end of October on lower sales at its core network services segment, sending its shares tumbling. [ID:nBNG119545] SPRINT NEXTEL CORP <S.N> Short interest rose 19.9 percent to 103,111,297 shares Sprint Nextel said it was...
In this article: Sprint Nextel CORP, Directv Group, Cash flow, Lazard Capital Markets, Lazard, S&P 500, and NYSE
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Sprint completes purchase of Virgin Mobile USA
KANSAS CITY, Mo. (AP) - Sprint Nextel Corp. on Tuesday said it had completed its $483 million acquisition of Virgin Mobile USA, boosting its presence in the market for customers who pay for cell phone service month-to-month. Virgin Mobile...
In this article: Sprint, Virgin Mobile, Virgin Group, Virgin Mobile USA, T-Mobile USA, Boost Mobile, MetroPCS Communications Inc., SK Telecom, Leap Wireless International Inc., and Richard Branson
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Verizon opposes Sprint's Most Dependable claim
Verizon opposes Sprint's "Most Dependable" claim NEW YORK (AP) - A national advertising watchdog is asking Sprint Nextel Corp. to drop its ads calling itself "America's most dependable 3G network." The National Advertising Division of the...
In this article: Sprint, AT&T Inc., Verizon Wireless, Overland Park, Kan., and NEW YORK
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Sprint expects to wrap up Virgin Mobile deal today
...Connection please send an e-mail to sprintconnection@kcstar.com. Topics Sprint expects to wrap up Virgin Mobile deal today Sprint Nextel Corp. Chief Executive Dan Hesse often refers to "doubling down" on the pre-paid market when he...
In this article: Sprint, Virgin Mobile, Virgin, MetroPCS, Atlantic, Management consulting, E mail, and Verizon Wireless
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Description from Wikipedia:
Sprint Nextel Corporation (NYSE: S) is a telecommunications company based in Overland Park, Kansas. The company owns and operates the third-largest wireless telecommunications network in United States, with 53.8 million customers, behind Verizon Wireless and AT&T Mobility. Sprint is a global Internet carrier (Tier 1 network) and makes up a portion of the Internet backbone. In the United States, the company also operates the largest wireless broadband network and is the third-largest long distance provider.
The company was created in 2005 by the $35 billion purchase of Nextel Communications by Sprint Corporation. In 2006, the company spun off its local landline telephone business, naming it Embarq. The company also completed the $6.5 billion acquisition of Nextel Partners, one of its largest affiliates, which primarily provides Nextel wireless services to more rural markets.
Sprint also operates and maintains DCSNet, the U.S. Federal Government's private surveillance network.
In 2009, Sprint announced that the day-to-day operations management of its entire wireless network will be turned over to the Sweden-based Ericsson. Under the deal, Sprint will transfer many of their network operations employees and Ericsson will take over the full maintenance and operations of the Sprint wireless network. Sprint will retain ownership of the network and will have control over the network assets. Additionally Ericsson will be housed within the Sprint headquarters. The transaction is expected to be complete by the end of Q3 2009.
- Name:
- Sprint Nextel Corporation
- Type:
- Public (NYSE: S)
- Location:
- Overland Park, Kansas
- Region:
- United States and worldwide
- Founder:
-
- Cleyson Brown (Sprint)
- Morgan O'Brien (Nextel)
- Founded:
- Abilene, Kansas, U.S. (1989)
- Stock Symbol:
- S
- Industry:
- Telecommunications
- Services:
- Internet carrier
- Key People:
-
- James Hance
- Dan Hesse,
- Revenue:
- US$ 35.64 billion (2008)
- Operating Income:
- US$ -2.64 billion (2008)
- Net Income:
- US$ -2.80 billion (2008)
- No. of Employees:
- 56,000 (2008)
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