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Sprint Nextel Corporation (NYSE: S) is an American telecommunications company based in Overland Park, Kansas. The company owns and operates Sprint, which has 55 million customers, making it the third largest wireless telecommunications network in the United States, behind Verizon Wireless and AT&T Mobility. Sprint Nextel also owns separate subsidiaries Boost Mobile and Virgin Mobile USA, which offers prepay wireless services under the Sprint Prepaid Group division. Sprint Nextel also owns 18% of NII Holdings, which operates under the Nextel brand in Argentina, Brazil, Chile, Mexico and... MORE

Sprint Nextel Corporation (NYSE: S) is an American telecommunications company based in Overland Park, Kansas. The company owns and operates Sprint, which has 55 million customers, making it the third largest wireless telecommunications network in the United States, behind Verizon Wireless and AT&T Mobility. Sprint Nextel also owns separate subsidiaries Boost Mobile and Virgin Mobile USA, which offers prepay wireless services under the Sprint Prepaid Group division. Sprint Nextel also owns 18% of NII Holdings, which operates under the Nextel brand in Argentina, Brazil, Chile, Mexico and Peru. 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 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 its name to Sprint Nextel when it acquired Nextel Communications that year. The company continues to operate using two separate wireless network technologies, CDMA and iDEN (for Nextel and some Boost Mobile subscribers). In 2006, the company spun off its local landline LESS