Sprint Nextel Completes Acquisition of Velocita Wireless.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 Corp. (NYSE NYSE See: New York Stock Exchange :S) has completed its acquisition of Velocita Wireless (Velocita Wireless, LP, Woodbridge, NJ www.velocitawireless.com) A wireless carrier for low-speed data such as text messaging, telemetry, automated vehicle location and e-mail. Velocita supports a large percentage of Blackberry users through a partnership with Research in Motion. , based in Woodbridge, New Jersey. Velocita Wireless will operate as a subsidiary of Sprint Nextel, which intends to use some of Velocita's 900 MHz (MegaHertZ) One million cycles per second. It is used to measure the transmission speed of electronic devices, including channels, buses and the computer's internal clock. A one-megahertz clock (1 MHz) means some number of bits (16, 32, 64, etc. spectrum to supplement Sprint Nextel's capacity and coverage for its iDEN(R)-based Nextel National Network. "Sprint Nextel is excited about the opportunity to offer Velocita's customers a broader suite of wireless and wireline, data and voice products and services," said Mark Hull, general manager for Velocita Wireless. About Sprint Nextel Sprint Nextel offers a comprehensive range of wireless and wireline communications services to consumer, business and government customers. Sprint Nextel is widely recognized for developing, engineering and deploying innovative technologies, including two robust 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. |
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