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November 23, 2009 4:46 AM ET

Sprint Nextel Corp. (S:NYSE)

LAST $3.76 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of November 20, 2009 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Sprint Nextel Corp. (S)

OPEN
--
PREVIOUS CLOSE
$3.76
DAY HIGH
--
DAY LOW
--
52 WEEK HIGH
05/20/09 - $5.94
52 WEEK LOW
11/20/08 - $1.35
MARKET CAP
10.8B
AVERAGE VOLUME 3 mo
77.7M
DILUTED EPS TTM
$-1.07
SHARES OUTSTANDING
2.9B
S Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions
BUSINESS EXCHANGE RELATED TOPICSprint-Nextel

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S Details

Sprint Nextel Corporation offers wireless and wireline communications products and services to consumers, businesses, and government users in the United States and internationally. Its Wireless segment provides wireless mobile voice and data transmission services on networks that utilize CDMA and iDEN technologies. Its wireless mobile voice communications services include basic local and long distance wireless voice services, voicemail, call waiting, three way calling, caller identification, directory assistance, call forwarding, speakerphone, and voice-activated dialing features, as well as roaming services; and wireless data communications services comprise Internet access and messaging, email services, wireless photo and video offerings, and mobile entertainment applications, as well as asset and fleet management, dispatch services, and navigation tools. This segment also offers walkie-talkie services; and sells accessories, such as carrying cases, hands-free devices, batteries, and battery chargers, as well as handsets and accessories to agents and other third-party distributors for resale. In addition, it provides Sprint-branded post-paid, Boost Mobile-branded prepaid, and wholesale wireless services over the company’s CDMA network in the United States, Puerto Rico, and the U.S. Virgin Islands; and Nextel-branded post-paid and Boost Mobile-branded prepaid wireless services over the iDEN network. The company’s Wireline segment provides wireline voice and data communications services, including domestic and international data communications using various protocols, such as multi-protocol label switching, Internet protocol (IP), IP-based frame relay, managed network services, voice over IP, and traditional voice services. It also offers wide-area network and long distance services, as well as operates an all-digital long distance and 40 gigabyte capacity Tier 1 IP network. Sprint Nextel was founded in 1899 and is headquartered in Overland Park, Kansas.

56,000 Employees
Founded in 1899

S Top Compensated Officers

Chief Executive Officer, President, Director,...
Age: 54
Total Annual Compensation: $1.2M
President of Sprint Nextel iDEN
Age: 52
Total Annual Compensation: $1.2M
President of Network Operations and Wholesale
Age: 53
Total Annual Compensation: $412.5K
Chief Service Officer
Age: 50
Total Annual Compensation: $575.0K
Compensation as of Fiscal Year 2008.

Key developments for Sprint Nextel Corp. (S)

Sprint Nextel Reduces Debt

Sprint Nextel Corp. announced that it paid down $1.0 billion of the outstanding loan amount under its $4.5 billion revolving credit facility. With this action the company no longer has an outstanding balance. At the end of the third quarter 2009, the company had $5.9 billion in cash, cash equivalents and short-term investments and $1.6 billion in borrowing capacity available under its revolving bank credit facility, for total liquidity of $7.5 billion.

Sprint Announces Launch of Sprint 4G Mobile Broadband Throughout Austin Area

Sprint Nextel Corp. announced the launch of Sprint 4G mobile broadband throughout the Austin area. As a result, streaming video, fast file downloads and uploads and turbo-charged web browsing are no longer just home, office or coffee shop benefits. With Sprint 4G one can download a favorite song, picture, sitcom or large video in seconds, not minutes, or watch live streaming video all while on the go, not just from the home or office. Sprint 4G extends the web experience to meet each person's moment-to-moment mobile needs by using 4G data cards and routers and, in the future, laptop solutions and mobile phones that deliver rich content larger file transfers, streaming video and low-latency remote access.

Sprint Nextel Corporation Appoints Ryan H. Siurek as Vice President, Controller of Sprint Nextel Effective November 6, 2009

On November 6, 2009, Sprint Nextel Corporation announced that Ryan H. Siurek, 38, has been appointed as Vice President, Controller of Sprint Nextel effective November 6, 2009. Mr. Siurek will also serve as the principal accounting officer. Mr. Siurek served as Vice President, Assistant Controller of Sprint Nextel from January 2009 through November 5, 2009. Prior to joining Sprint Nextel, Mr. Siurek worked for LyondellBasell Industries, a chemical manufacturing company, from January 2004 through January 2009, where he held various positions, including Director-Risk Management and Global Shared Services from September 2008 through January 2009, European Controller from July 2007 through August 2008, and Senior Manager of Technical Accounting from January 2004 through June 2007.

BusinessWeek Rankings

IT 100
2006  #36

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S Competitors

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Comcast Corp $15.01 USD 0.00
KPN KON €11.75 EUR +0.145
Time Warner Cable Inc $42.39 USD -0.63
Time Warner Inc $31.64 USD -0.66
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Industry Analysis

Valuation S Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.3x
Price/Book 0.6x
Price/Cash Flow 2.4x
TEV/Sales NM Not Meaningful

S

 | 

S transactions

Type
Date
Target
Bankruptcy
October 20, 2009
ATLAS Traffic Management Systems, LLC
Merger/Acquisition
October 18, 2009
iPCS Inc.
Merger/Acquisition
July 27, 2009
Virgin Mobile USA, Inc.
View More S Transactions...

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