Sprint-Nextel Corporation is an American telecommunications company based in Overland Park, Kansas. The company owns and operates Sprint, the third largest wireless telecommunications network in the United States, with 53.4 million customers, behind Verizon Wireless and AT&T Mobility. Sprint Nextel also owns a separate wireless division, Sprint Prepaid Group which offers prepay wireless services as Boost Mobile and Virgin Mobile USA. Sprint is a global Internet carrier and makes up a portion of the Internet backbone. In the United States, the company is the third largest long distance... provider and also owns a majority of Clearwire, which operates the largest wireless broadband network. Prior to 2005, the company was known as Sprint Corporation. The company changed to its current name when it acquired Nextel Communications that year. The company continues to operate using two separate wireless network technologies, CDMA and iDEN . In 2006, the company spun off its local landline telephone business, naming it Embarq .
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| NYSE symbol: | S |
| Headquarters: | Reston, Virginia |
| Annual revenue: | $35,635,000,000 |
| Net income: | $-2,796,000,000 |
| Operating income: | $-2,642,000,000 |
| Market cap: | $38,000,000,000 |
| Industries: | Telephone Communications, Except Radiotelephone, Telecommunications |