Sprint Nextel Corporation is the third largest wireless telecommunications network in the United States with 52.8 million customers behind AT&T and Verizon Wireless. Sprint is a global Tier 1 Internet carrier that makes up a portion of the Internet backbone. In the United States, the company also operates the second largest wireless broadband network and is the third largest long distance provider.
The company was created in 2005 by the $35 billion purchase of Nextel Communications by Sprint Corporation. In 2006, the company spun off its local landline telephone business, naming it Embarq and also completed the $6.5 billion acquisition of Nextel Partners, one of its largest affiliates, which primarily provides Nextel wireless services to more rural markets.