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Sprint Communications

Sprint Corporation
Formerly called
Brown Telephone Company (1899–1911)
United Telephone Company (1911–1925)
United Telephone and Electric (1925–1938)
United Utilities, Incorporated (1938–1972)
United Telecommunications (1972–1992)
Sprint Corporation
(1992–2005, 2013-present)
Sprint Nextel Corporation (2005–2013)
Public
Traded as S
Industry Telecommunications
Predecessor SPC
GTE Sprint
US Sprint
Embarq
Nextel Communications
Founded 1899; 119 years ago (1899)
Founders Cleyson Brown
Jacob Brown
Headquarters Overland Park, Kansas, United States, United States
Area served
United States, Puerto Rico, United States Virgin Islands
Key people
Masayoshi Son
(Chairman)
Marcelo Claure
(CEO)
Products Wireless communications
Internet services
Long distance
Revenue DecreaseUS$32.18 billion (2016)
IncreaseUS$310 million (2016)
IncreaseUS$(1.99 billion) (2016)
Total assets DecreaseUS$78.97 billion (2016)
Total equity DecreaseUS$19.78 billion (2016)
Number of employees
30,000 (Q1 2016)
Parent SoftBank Group Corp. (84%)
Subsidiaries Boost Worldwide, Inc. (Boost Mobile)
Virgin Mobile USA, L.P. (Virgin Mobile USA)
Open Mobile(68%)
Website www.sprint.com
Footnotes / references

Sprint Corporation is an American telecommunications company that provides wireless services and is an internet service provider. It is the fourth-largest mobile network operator in the United States and serves 54 million customers as of October 2017. The company also offers wireless voice, messaging, and broadband services through its various subsidiaries under the Boost Mobile, Virgin Mobile, and Assurance Wireless brands, and wholesale access to its wireless networks to mobile virtual network operators. The company is headquartered in Overland Park, Kansas. In July 2013, a majority of the company was purchased by Japanese telecommunications company SoftBank Group Corp., although the remaining shares of the company continue to trade on the . Sprint uses CDMA, EvDO and 4G LTE networks.

Sprint traces its origins to the Brown Telephone Company, which was founded in 1899 to bring telephone service to the rural area around Abilene, Kansas. In 2006, Sprint left the local landline telephone business, spinning those assets off into a new company named Embarq, which later became a part of CenturyLink. The company remains one of the largest long-distance providers in the United States.

Until 2005, the company was also known as the Sprint Corporation, but took the name Sprint Nextel Corporation when it merged with Nextel Communications. In 2013, following the shutdown of the Nextel network and concurrent with the acquisition by SoftBank, the company returned to using Sprint Corporation. In July 2013, as part of the SoftBank transactions, Sprint acquired the remaining shares of wireless broadband carrier Clearwire Corporation which it did not already own.


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