#S stands for shares of Sprint Nextel Corporation, one of the largest companies in the field of telecommunication technologies. It is the third largest company in the United States with about 52 million of subscribers on the territory of the country. The company’s headquarters are situated in Overland Park, Kansas. The company entered the market as Sprint Nextel Corporation in 2005 as a consequence of merging with Nextel Communications which was estimated at about $35 million. In 2013, following the shutdown of the Nextel network and further acquisition by SoftBank, the company returned to the name Sprint Corporation..
The corporation offers a wide range of mobile and fixed-line telecommunications services for individuals, business, and government institutions. One of the company’s ongoing projects is developing the fourth generation wireless network (4G)..
In 2013, Sprint Nextel Corporation was yielding a steady profit of about $8.8 billion for all four quarters. However, Sprint recorded increasing revenues from every client on average. According to the statistics, every Sprint’s subscriber spends about $64.20 on communication every month..