Incorporated in 1938, Sprint is a global communications
company serving 26 million business and residential customers in
more than 70 countries. With approximately 72,000 employees worldwide
and nearly $27 billion in annual revenues, the Overland Park, KS-based
company is represented on the New York Stock Exchange by the FON
group and the PCS group.
On the wireline side, the Sprint FON Group (NYSE:
FON) is comprised of Sprint's Global Markets Group and the Local
Telecommunications Division, as well as product distribution businesses.
On the wireless side, the Sprint PCS Group (NYSE: PCS) consists
of Sprint's wireless PCS operations.
Global Markets Group
Sprint is widely recognized for developing, engineering and deploying
state-of-the-art technologies in the telecommunications industry,
including the nation's first nationwide all-digital, fiber-optic
network. The Global Markets Group provides a broad suite of communications
services to business and residential customers. These services include
domestic long-distance and international voice service; data service
like Internet, frame relay access and transport, Web hosting and
managed security; and broadband.
GMG is made up of the four major market units:
Mass Markets Organization
Mass Markets Organization
Sprint is widely recognized for building the nation's first all-digital,
fiber-optic network, delivering unparalleled clarity and reliability
in long-distance communication services. The Sprint Mass Markets
Organization serves consumers and small businesses nationwide with
a portfolio of voice and data services tailored to their individual
With innovative calling plans, expanding prepaid
products, and anchor-tenant partnerships with other large companies
that have brand-loyal consumer bases, Sprint Mass Markets is well-positioned
for the challenges of today's consumer marketplace. Mass Markets
also offers small business customers a full suite of communication
solutions, including voice long distance services, DSL high-speed
data service and web hosting/e-commerce applications with DellHost.
Sprint Business provides end-to-end communication solutions for
our clients, including large business, government and other institutional
customers. Committed to the belief that the entire industry is driving
toward network convergence, Sprint Business manages transport -
frame relay, ATM, dedicated IP, etc. - and partners with other Sprint
units to create compelling offers for all our customers, combining
transport with network- and applications-based solutions.
With regional headquarters in Reston, Virginia, London and Hong
Kong, Sprint International extends the reach of its award-winning
Internet backbone to the global marketplace.
Providing a broad portfolio of scaleable IP products,
including managed services and virtual private networks, Sprint
International also offers collocation, international private line,
backhaul and international dedicated transit services.
By the end of 2003, the Sprint global network
is expected to reach 35 cities in 19 countries, each with local
sales, technical and administrative support.
Local Telecommunications Division
The Sprint Local Telecommunications Division (LTD)
provides local telephone service to 5 percent of the nation's domestic
local exchange market.
Sprint PCS built the nation's only all-digital,
nationwide wireless network from the ground up - covering a population
of nearly a quarter billion people.
From its launch in 1995, Sprint PCS has grown
to become the fourth largest carrier with approximately 16.7 million
direct and resale subscribers, including more than 2 million affiliate
subscribers. Sprint PCS is also the nation's fastest growing wireless
provider, adding more net customers than any other carrier for 15
Since November 1998, Sprint PCS has operated under
a separate trading stock - PCS - which reflects the performance
of Sprint's wireless operations, while the remaining parts of the
business are reflected in the FON stock.