Sprint Nextel Cites WiMAX Network Progress for 2007.* Initial service set for Chicago and Washington D.C. areas * Nokia joins expanding WiMAX ecosystem * Additional WiMAX chip, device commitments received * Preview available of devices and applications at CES RESTON, Va. -- 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 (NYSE NYSE See: New York Stock Exchange :S) announced progress with its plans for a large scale advanced 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. network designed to bring wireless innovation to devices and new multimedia mobile applications to customers. Sprint Nextel intends to launch Mobile WiMAX See WiMAX and 802.16. broadband services in initial markets by year-end 2007 with a larger roll-out encompassing at least 100 million people by year-end 2008. "We enter 2007, the year of our history-making WiMAX service launch, as the broadband mobility leader," remarked Barry West, president, 4G Mobile Broadband. "Our next generation network plans have catalyzed the industry, and momentum behind our mobility vision grows with increasing technology adoption." Sprint Nextel last August announced WiMAX 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 as its next generation mobile technology platform and formed an infrastructure development ecosystem with charter partners Intel Corporation (company) Intel Corporation - A US microelectronics manufacturer. They produced the Intel 4004, Intel 8080, Intel 8086, Intel 80186, Intel 80286, Intel 80386, Intel 486 and Pentium microprocessor families as well as many other integrated circuits and personal computer networking , Samsung and Motorola. They plan on using a chipset embedding strategy in new and conventional devices to support rapid market adoption and pervasive access of WiMAX mobility technology. As a result, Sprint Nextel customers will experience a new mobile data network designed to offer faster speeds, lower costs, greater convenience and enhanced multimedia service quality. Indicative of the current momentum behind Sprint Nextel's Mobile WiMAX initiative: * The Chicago and Washington D.C. areas have been chosen as initial WiMAX service areas with additional markets to be identified based on market-readiness estimates; * Nokia, the world's largest cell phone manufacturer and leading network supplier, was named a key infrastructure and consumer electronic device supplier; * Motorola announced a strategic initiative to develop mobile WiMAX chipsets for use in Motorola's next-generation WiMAX devices; * Samsung has committed to delivering six WiMAX-capable devices (including Ultra mobile PCs and personal media players); Samsung also plans to enter the WiMAX chipset business; * Intel completed the design of a single-chip, multi-band WiMAX/WiFi chipset that it will sample in card and module forms in late 2007; * LG Electronics Inc. intends to develop an infotainment device that would work on the Sprint Nextel WiMAX network; * Sprint Nextel WiMAX Ecosystem partners will preview future network mobility devices and 4G technology applications over 2.3/2.5GHz spectrum during the 2007 International Consumer Electronics Show (CES) in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. , January 8-11; while Sprint TV service partner MobiTV demonstrates WiMAX mobile TV. Sprint Nextel will work with WiMAX ecosystem partners and others to incorporate WiMAX technology in a range of computing, portable multi- media, interactive and other consumer electronic devices. The intent is to wirelessly enable the multitude of stand-alone consumer electronic devices that currently lack connectivity or Internet access See how to access the Internet. , thereby facilitating digital life amid a new era of user-generated content The production of content by the general public rather than by paid professionals and experts in the field. Mostly available on the Web via blogs and wikis, user-generated content refers to material such as the daily news, encyclopedias and other references, movie and product reviews as . Sprint Nextel has the experience, network infrastructure, spectrum and distribution channels to make 4G broadband mobility services pervasive and indispensable for customers. About Sprint Nextel Sprint Nextel offers a comprehensive range of wireless and wireline communications services bringing the freedom of mobility to consumers, businesses and government users. Sprint Nextel is widely recognized for developing, engineering and deploying innovative technologies, including two robust wireless networks serving more than 51 million customers at the end of third quarter 2006; 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. 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 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 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. |
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