Sprint and Nextel Communications, Inc. have completed their merger transaction, forming Sprint Nextel Corporation. With more than 44 million wireless subscribers, Sprint Nextel serves a mix of consumer, business and government customers, and produces the highest average revenue per user in the industry.
On a “pro forma” basis, Sprint Nextel reported revenues of $40.8 billion for the year ended December 31, 2004. Sprint Nextel, along with its affiliates and partners, operates networks that cover about 268 million people. Following the merger, customers using CDMA and iDEN products and services will continue to receive the benefits of their current service plans and features. Sprint Nextel will go to the market using the Sprint brand name, with the Nextel name continuing as a key product brand.
