Sprint - Nextel 2010 Annual Report Download - page 3

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SPRINT NEXTEL CORPORATION
SECURITIES AND EXCHANGE COMMISSION
ANNUAL REPORT ON FORM 10-K
PART I
Item 1. Business
OVERVIEW
Sprint Nextel Corporation, incorporated in 1938 under the laws of Kansas, is mainly a holding company, with its
operations primarily conducted by its subsidiaries. Our Series 1 voting common stock trades on the New York Stock Exchange
(NYSE) under the symbol “S.” Sprint Nextel Corporation and its subsidiaries (“Sprint,” “we,” “us,” “our” or the “Company”)
is a communications company offering a comprehensive range of wireless and wireline communications products and services
that are designed to meet the needs of individual consumers, businesses, government subscribers and resellers. Our operations
are organized to meet the needs of our targeted subscriber groups through focused communications solutions that incorporate
the capabilities of our wireless and wireline services. We are the third largest wireless communications company in the United
States based on the number of wireless subscribers, one of the largest providers of wireline long distance services and one of
the largest carriers of Internet traffic in the nation. Our services are provided through our ownership of extensive wireless
networks, an all-digital global long distance network and a Tier 1 Internet backbone.
We offer wireless and wireline voice and data transmission services to subscribers in all 50 states, Puerto Rico and
the U.S. Virgin Islands under the Sprint corporate brand which includes our retail brands of Sprint®, Nextel®, Boost Mobile®,
Virgin Mobile®, Assurance Wireless™ and Common Cents SM on networks that utilize third generation (3G) code division
multiple access (CDMA), national push-to-talk integrated Digital Enhanced Network (iDEN), or internet protocol (IP)
technologies. We also offer fourth generation (4G) services utilizing Worldwide Interoperability for Microwave Access
(WiMAX) technology through our mobile virtual network operator (MVNO) wholesale relationship with Clearwire
Corporation and its subsidiary Clearwire Communications LLC (together "Clearwire"). Sprint 4G is currently available in 71
markets reaching more than 110 million people as of the end of 2010. We utilize these networks to offer our wireless and
wireline subscribers differentiated products and services whether through the use of a single network or a combination of these
networks.
Our Business Segments
Sprint operates two reportable segments: Wireless and Wireline. For information regarding our segments, see
“Part II, Item 7 Management's Discussion and Analysis of Financial Condition and Results of Operations” and also refer to
note 14 of the Notes to Consolidated Financial Statements.
Wireless
We provide certain wireless services on our 3G network and our national push-to-talk network and 4G services
through our MVNO wholesale relationship with Clearwire. We offer 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 to resellers and affiliates. We
support the open development of applications and content on our network platforms. We also enable a variety of third-party
providers, location-based services and business and consumer product providers through our open-device initiative, also known
as our machine-to-machine initiative. The machine-to-machine initiative incorporates selling, marketing, product development
and operations resources to address growing non-traditional data needs, which covers a wide variety of products and services
including remote monitoring, telematics, in-vehicle devices, e-readers, specialized medical devices and other original
equipment manufacturer devices.
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