Sprint Nextel Corporation
Company Information

Sprint Nextel Corporation Company Profile

In the US telecom race, Sprint Nextel is the #3 wireless carrier behind Verizon and AT&T in terms of subscribers. The company serves more than 55 million customers with mobile voice, data, and Web services over a nationwide network. While the namesake brand is reserved for premium postpaid accounts, Sprint also offers prepaid mobile access through its Virgin Mobile USA and Boost Mobile subsidiaries, which target a younger demographic. It also provides cellular access to other carriers and resellers on a wholesale basis. The company's much smaller legacy wireline business provides long-distance voice, Internet, and data services primarily to corporate customers and other carriers. In 2012 Japan's SOFTBANK agreed to acquire 70% of Sprint.