Sprint Nextel Announces 4G Wireless Broadband Initiative with Intel, Motorola and Samsung.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Sprint Nextel Sprint Nextel Corporation (NYSE: S) is one of the largest telecommunications companies in the world. With 55 million subscribers, Sprint Nextel operates the third largest wireless telecommunications network in the United States (based on total wireless customers), behind Corp. (NYSE NYSE See: New York Stock Exchange :S): --Sprint Nextel selects WiMAX as next generation 4G technology platform --Unparalleled spectrum coverage creates first-to-market position for Sprint Nextel --Nationwide advanced wireless broadband High-speed wireless transmission of data. What is "high" speed is always a changing number. Wireless systems are typically slower than land-based, wireline networks. In the past, wireless broadband started at 250 Kbps, whereas land-based broadband was generally considered to start at T1 network expected to cover 100 million people in 2008 Sprint Nextel Corp. (NYSE:S) today announced its plans to develop and deploy the first fourth generation (4G) nationwide broadband mobile network. The 4G wireless broadband network will use the mobile WiMAX See WiMAX and 802.16. (Worldwide Interoperability The capability of two or more hardware devices or two or more software routines to work harmoniously together. For example, in an Ethernet network, display adapters, hubs, switches and routers from different vendors must conform to the Ethernet standard and interoperate with each other. for Microwave Access) IEEE (Institute of Electrical and Electronics Engineers, New York, www.ieee.org) A membership organization that includes engineers, scientists and students in electronics and allied fields. 802.16e-2005 technology standard. Working together with Intel, Motorola and Samsung, Sprint Nextel will develop a nationwide network infrastructure as well as mobile WiMAX-enabled chipsets that will support advanced wireless broadband services for computing, portable multimedia, interactive and other consumer electronic devices. These efforts are intended to allow Sprint Nextel customers to experience a nationwide mobile data network that is designed to offer faster speeds, lower cost, and greater convenience and enhanced multimedia quality. The Sprint Nextel 4G mobility network will use the company's extensive 2.5GHz spectrum holdings, which cover 85 percent of the households in the top 100 U.S. markets - the most of any wireless carrier in any single spectrum band. To access that network, Sprint Nextel will work with Intel, Motorola and Samsung to incorporate WiMAX technology for advanced wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. and help make chipsets widely available for new consumer electronics devices, connecting consumers to the Internet and to each other while providing them with the flexibility to do what they want or need to do regardless of time or place. "None of us today can envision our lives without wireless connectivity or the Internet," explained Gary Forsee, president and chief executive officer of Sprint Nextel. "Sprint Nextel is taking a major step forward by linking the incredible potential of these two cornerstones of daily communications. We'll give customers the power to harness business information and personal entertainment easily and inexpensively -- and in ways that they will one day wonder how they lived without. "This announcement is another step in Sprint Nextel's broadband mobility leadership, and we expect to establish a first-to-market next generation network advantage. We will have a unique broadband capability for meeting the growing access and mobile Internet Refers to gaining access to the Internet using a lightweight, handheld device. See Mobile IP, PDA, smartphone and mobile TV. needs of businesses, governments and consumers when and where they want." In working together with Intel, Motorola, and Samsung, Sprint Nextel has the experience, network infrastructure, spectrum and distribution channels to make 4G mobility services pervasive and indispensable for customers. The company's deployment plans target a launch of the advanced wireless broadband services in trial markets by the end of 2007 with plans to deploy a network that reaches as many as 100 million people in 2008. Sprint Nextel plans to expand mobile WiMAX network coverage thereafter. The company will continue to invest in and offer access to its current wireless and Sprint Power Vision(SM) mobile broadband Description Mobile Broadband is a type of wireless internet access that differs from Wi-Fi. Mobile Broadband is the name used to describe the 3G services which are made possible by HSDPA and HSUPA, the latest technologies on the W-CDMA evolutionary path. networks to serve customer communications needs today and into the future. As evidenced by its strong data results and expanding 3G broadband network, Sprint Nextel continues its innovation and leadership in driving mobile data. New Business Model Sprint Nextel has created a unique business model designed to foster the rapid deployment and adoption of mobile WiMAX technology in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and abroad. Sprint Nextel is expecting to invest $1 billion in 2007 and between $1.5 billion and $2 billion in 2008 relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the 4G mobile broadband network. The WiMAX technology to be deployed in the network is expected to offer a cost-per-megabit and performance advantage that reflects a substantial improvement in the comparable costs for the current 3G mobile broadband offerings. Commitments from Intel, Motorola and Samsung in the areas of market development, mobile WiMAX devices and other contributions to Sprint Nextel's core business are expected to accelerate Sprint Nextel's goal of deploying services and market adoption. Motorola and Samsung will also support Sprint's current and CDMA/EV-DO network technologies by creating multimode devices that will support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services on both the 4G network and the 3G network in areas outside the planned 4G coverage, and will provide voice service using the core 3G network. The 4G broadband network will offer a complementary, high-bandwidth service driven by data centric devices. Intel, one of the early members of the WiMAX Forum and one of the key contributors to the IEEE 802.16e-2005 standard, will deliver next generation WiMAX solutions for Centrino Mobile Technology and next generation computing devices. Intel will bring its extensive history in device-to-network verification as well as marketing expertise to expose customers to the breadth of new WiMAX capabilities and services. Motorola has been a long-standing proponent One who offers or proposes. A proponent is a person who comes forward with an a item or an idea. A proponent supports an issue or advocates a cause, such as a proponent of a will. PROPONENT, eccl. law. of WiMAX and will offer Sprint Nextel both single- and multimode devices designed to enable seamless mobility for users, while playing a major role in its WiMAX infrastructure roll-out. Since Motorola is the exclusive supplier of iDEN technology as well as a major supplier of CDMA (Code Division Multiple Access) A method for transmitting simultaneous signals over a shared portion of the spectrum. The foremost application of CDMA is the digital cellular phone technology from QUALCOMM that operates in the 800 MHz band and 1.9 GHz PCS band. and EV-DO (EVolution-Data Only) A 3G high-speed digital data service provided by cellular carriers worldwide that use the CDMA technology, including Verizon and Sprint in the U.S. EV-DO works on EV-DO cellphones as well as laptops and portable devices that have EV-DO modems. Revision A technology, it can offer a complete end-to-end solution (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. (from radio access network equipment to both single- and multimode mobile devices) and is uniquely positioned to expand the seamless mobility experience into the wireless mobile broadband market. Samsung Telecommunications America will be a primary Mobile WiMAX infrastructure supplier to Sprint Nextel and will also deliver dual-mode devices supporting Mobile WiMAX and CDMA2000 1xEV-DO, designed to enable Sprint's Mobile WiMAX users to utilize Sprint Nextel's existing 3G network resources. With its installation of networks in South Korea and other markets, Samsung Electronics Samsung Electronics (SEC, Hangul:삼성전자; KSE: 005930, KSE: 005935, LSE: SMSN, LSE: SMSD) is a South Korean multinational corporation and the world's largest and leading electronics and information technology company. is the first to commercially deploy Mobile WiMAX and with its alliance with Sprint Nextel will bring this global expertise to North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Samsung is the global leader in delivering Mobile WiMAX technologies and offers Sprint a total solution including chipsets, infrastructure, mobile devices and consumer electronics focused on Mobile WiMAX and dual-mode WiMAX/CDMA services delivery. Sprint Nextel's long-term goal is to have a broad range of mobile WiMAX-enabled chipsets and modules and an array of portable data and consumer electronics devices available from multiple vendors which work seamlessly among Sprint's network offerings. To that end, Sprint Nextel and other leading consumer electronic companies are planning to form a strategic marketing and product alliance for the purpose of introducing innovative consumer electronic devices and multimedia content solutions using Sprint's 4G mobile WiMAX network. "Sprint Nextel has built its success on being a pioneer - beginning with its rollout of the first nationwide digital fiber optic network 20 years ago," said Sean Maloney, executive vice president of Intel. "With the choice of mobile WiMAX for its 4G mobile broadband technology, Sprint Nextel again helps move the U.S. to the forefront of technology innovation and competitiveness. Sprint Nextel's decision confirms Intel's belief that WiMAX is the wireless technology of choice to deliver affordable broadband access See broadband and wireless broadband. . Intel is pleased to work with Sprint Nextel, Motorola and Samsung to bring the promise of mobile broadband and WiMAX to consumers nationwide." Motorola Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Ed Zander zan·der n. pl. zander or zan·ders A common European pikeperch (Stizostedion lucioperca) valued as a food fish. [German, from Low German Sander , stated, "We are excited that Sprint Nextel has selected WiMAX, and we believe that mobile WiMAX is a perfect choice for a visionary company like Sprint Nextel. Today's announcement is another milestone in Motorola's focused strategy to continue to expand and grow our wireless broadband business and advance our vision of seamless wireless broadband mobility. We expect that this decision from one of America's leading carriers and the largest holder of 2.5GHz spectrum will influence the adoption of mobile WiMAX by other carriers worldwide." KiTae Lee, president of Samsung Electronics' Telecommunication Network Business, stated, "I believe Sprint Nextel's decision to deploy Mobile WiMAX as the 4G network technology will set a milestone in the U.S. telecommunication industry's history and contribute to further advancements in wireless technology. Mobile WiMAX has the fastest data transfer rate among the existing wireless technologies and is based on all-IP technology. Mobile WiMAX-based services will create a new paradigm New Paradigm In the investing world, a totally new way of doing things that has a huge effect on business. Notes: The word "paradigm" is defined as a pattern or model, and it has been used in science to refer to a theoretical framework. shift in wireless services and improve consumer lifestyles. I believe that Sprint Nextel will successfully provide this mobile WiMAX technology based service and begin a new revolution in mobile broadband services nationwide." About Sprint Nextel Sprint Nextel offers a comprehensive range of communications services bringing mobility to consumer, business and government customers. Sprint Nextel is widely recognized for developing, engineering and deploying innovative technologies, including two robust wireless networks offering industry leading mobile data services; instant national and international walkie-talkie capabilities; and an award-winning and global Tier 1 Internet backbone (communications, networking) Internet backbone - High-speed networks that carry Internet traffic. These communications networks are provided by companies such as AT&T, GTE, IBM, MCI, Netcom, Sprint, UUNET and consist of high-speed links in the T1, T3, OC1 and OC3 ranges. . For more information, visit www.sprint.com. About Intel Intel, the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live. Additional information about Intel is available at www.intel.com/pressroom. About Motorola Motorola is known around the world for innovation and leadership in wireless and broadband communications. Inspired by our vision of Seamless Mobility, the people of Motorola are committed to helping you get and stay connected simply and seamlessly to the people, information, and entertainment that you want and need. We do this by designing and delivering "must have" products, "must do" experiences and powerful networks -- along with a full complement of support services. A Fortune 100 company with global presence and impact, Motorola had sales of US $35.3 billion in 2005. For more information about our company, our people and our innovations, please visit www.motorola.com About Samsung Telecommunications America Samsung Telecommunications America, L.P., a Dallas-based subsidiary of Samsung Electronics Co., Ltd., researches, develops and markets wireless handsets and telecommunications products throughout North America. For more information, see STA's website at www.samsungwireless.com. About Samsung Electronics Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence In the days of the first computers, transaction and company data were the first types of information digitized. Then came text, opening the world to word processing, followed by audio CDs and finally video. technologies with 2005 parent company sales of US$56.7 billion and net income of US$7.5 billion. Employing approximately 128,000 people in over 120 offices in 57 countries, the company consists of five main business units: Digital Appliance Any apparatus controlled by a computer. It may refer to an actual household appliance (coffee maker, toaster, etc.) that is computerized, but often refers to a handheld device such as a pager, cellphone or PDA. See Internet appliance. Business, Digital Media Business, LCD Business, Semiconductor Business and Telecommunication Network Business. Recognized as one of the fastest growing global brands, Samsung Electronics is a leading producer of digital TVs, memory chips, mobile phones and TFT-LCDs. For more information, please visit www.samsung.com Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. This news release includes "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of the securities laws. The statements in this news release regarding the plans for the development and deployment of a 4G network and the related infrastructure and portable data and consumer electronics devices, including the expected cost of and capital expenditures related to the development of the 4G network, expected capabilities and contributions of initiative participants and collaborating members, expected capabilities and performance of the 4G network and related devices, including speeds, cost, convenience and quality, the expected timing of service availability, planned coverage of the 4G network and related devices, the expected development of mobile WiMAX-enabled chipsets, the expected nature, features and number of portable multi-media and other consumer electronic devices, the expected adoption of mobile WiMAX by other carriers, and the planned strategic marketing and product alliance to be formed by Sprint Nextel and other consumer electronic companies. The words "will," "expect," "believe," "intend," and "target," and similar expressions are intended to identify forward-looking statements. Forward-looking statements are estimates and projections reflecting management's judgment based on currently available information and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. With respect to these forward-looking statements, management has made assumptions regarding, among other things, the availability and performance of related infrastructure, devices and its spectrum, as well as customer and network usage, customer growth and retention, pricing, development, deployment and operating costs operating costs npl → gastos mpl operacionales , the timing of various events and the economic environment. Sprint Nextel believes these forward-looking statements are reasonable; however, you should not place undue reliance on forward-looking statements, which are based on current expectations and speak only as of the date of this release. Sprint Nextel is not obligated ob·li·gate tr.v. ob·li·gat·ed, ob·li·gat·ing, ob·li·gates 1. To bind, compel, or constrain by a social, legal, or moral tie. See Synonyms at force. 2. To cause to be grateful or indebted; oblige. to publicly release any revisions to forward-looking statements to reflect events after the date of this release. Sprint Nextel provides a detailed discussion of risk factors in periodic SEC filings, including its annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for 2005, as amended, and its quarterly reports on Form 10-Q Form 10-Q See 10-Q. for the first quarter of 2006. You are encouraged to review these filings. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion