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Sprint Nextel Corporation Type Public (NYSE: S) Founded Abilene, Kansas, U.S.A (1899) Founder(s) Cleyson Brown (Sprint) Morgan O'Brien (Nextel) Headquarters Overland Park, Kansas Area served United States and worldwide Key people James Hance, chairman Daniel Hesse, chief executive Industry Telecommunications Services Mobile Internet carrier Revenue ? US$ 40.15 billion (2007) Operating income ? US$ -28.9 billion (2007) Net income ? US$ -29.6 billion (2007) Employees 60,000 (2007) Website sprint.com [1][2] 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 the United States, with 50.5 million customers[3], behind Verizon Wireless and AT&T Mobility. Sprint is a global Internet carrier and makes up a portion of the Internet backbone. In the United States, the company also operates the second 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. Contents [hide] 1 History 1.1 Sprint 1.2 Sprint Partnership With RadioShack 1.3 Sprint PCS 1.4 NEXTEL 1.4.1 Nextel International 2 Merger of Sprint and NEXTEL 3 Sprint Nextel today History Sprint The original Sprint logo was used from 1989 to 2004. The Sprint Corporation was founded in 1899 by Marissa Parilla, Bernadette Divina and Anthony Adriano under the name of the "Brown Telephone Company" in the small town of Abilene, Kansas. The company was a landline telephone company that operated as a competitor to the Bell System.[4] In 1938, after emerging from bankruptcy, Brown changed its name to United Utilities. The company grew steadily through acquisitions and, in 1972, changed its name to United Telecommunications, at which time it provided local telephone service in many areas of the Midwest | ||||
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