Sprint Announces Plans To Expand EV-DO Revision A-Capable Device Portfolio
Two additional mobile broadband cards to support advanced mobile broadband speeds when available in 4Q 2006
OVERLAND PARK, Kan. — 09/12/2006 - Sprint (NYSE: S) today announced it will enable more customers to benefit from Sprint Mobile Broadband services with the expansion of its EV-DO Revision A-capable device portfolio, with two new mobile broadband cards by the end of the year. Sprint, which operates the nation’s largest wireless broadband network covering 158 million people, currently offers one other EV-DO Rev. A-capable device -- the Sprint Mobile Broadband Card by Novatel Wireless (S720).
All three cards operate on the current Sprint Power Vision(SM) Network with average download speeds of 400-700 Kpbs. These cards will also provide even faster average download speeds of 450 - 850 kbps and broadband upload speeds of 300 kbps - 400 kbps in coverage areas expected to be upgraded starting later this year. These data rates will provide customers with remote access to richer applications and services such as high-speed video telephony, video messaging, music-on-demand and the ability to upload large files. Sprint expects to start its rollout of the upgraded network (known as EV-DO Rev. A) during 4Q 2006 and will reach more than 40 million people by the end of the year.
Sprint Mobile Broadband Cards
Designed for operation with compatible laptops with Type II PCMCIA slots and the Linksys Wireless G-Router for Mobile Broadband, the new Sprint mobile broadband cards will allow customers to connect to the Sprint Power Vision Network and remotely access audio, video and data applications at broadband-like speeds.
Sprint Mobile Broadband Card by Pantech (PX-500) - Customers looking for the best value to meet both professional and personal needs can take advantage of the Pantech PX-500. The Pantech PX-500 can be purchased through all Sprint indirect and business sales channels, online at www.sprint.com and in Sprint retail stores for a suggested retail price of $199.99 or is available for free with a two-year subscriber agreement and mail-in-rebate.
Sprint Mobile Broadband Card by Sierra Wireless (Aircard® 595) - Mobile professionals will find value in the latest technologically advanced AirCard product developed by Sierra Wireless. The AirCard 595 design and operation features include a high-performance, durable, built-in antenna that provides maximum speed, signal sensitivity and coverage. The Sierra Wireless AirCard 595 will be sold later this year through Sprint indirect and business sales channels and online at www.sprint.com. Suggested retail price for the AirCard 595 is $249.99, and it is available for as low as $99.99 with a two-year Sprint subscriber agreement.
“Sprint is at a competitive advantage with the nation’s largest mobile broadband network, our accelerated EV-DO Revision A deployment strategy and the nation’s first commercially available EV-DO Revision A-capable card we began selling last month,” said Danny Bowman, vice president of product marketing for Sprint. “By further expanding the number of devices that can be used to access Sprint Mobile Broadband services, we are giving customers even more choices to meet their mobility needs today and well into the future.”
Service plans for all cards and the USB devices currently range from $39.99 per month for 40 MB to $79.99 per month for unlimited data usage. Customers signing a two-year Sprint subscriber agreement may also be eligible to receive unlimited data usage for $59.99 per month (no separate voice plan required).
Sprint today has the most wireless broadband coverage of any carrier. The Sprint Power Vision Network now covers 158 million people and services customers in 220 major metropolitan areas. Ultimately Sprint plans to reach more than 200 million people in the United States with mobile broadband data services by the end of 2006.
Additional information on the Sprint Mobile Broadband network including coverage maps showing current and future coverage, Mobile Broadband service plans, and the latest access devices can be found at http://powervision.sprint.com/mobilebroadband/.
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. For more information, visit www.sprint.com.
This news release includes “forward-looking statements” within the meaning of the securities laws. The statements in this news release regarding the business outlook, expected performance, as well as other statements that are not historical facts, are forward-looking statements. The words “estimate,” “project,” “forecast,” “intend,” “expect,” “believe,” “target,” “providing guidance” 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, customer and network usage, customer growth and retention, pricing, operating costs, the timing of various events and the economic environment.
Future performance cannot be ensured. Actual results may differ materially from those in the forward-looking statements. Some factors that could cause actual results to differ include:
* the uncertainties related to the benefits of the Sprint-Nextel merger, including anticipated synergies and cost savings and the timing thereof;
* the uncertainties related to and the impact of the contemplated spin-off of Sprint Nextel’s local communications operations;
* the effects of vigorous competition and the overall demand for Sprint Nextel’s service offerings in the markets in which Sprint Nextel operates and the impact of new, emerging and competing services technologies on its business;
* the costs and business risks associated with providing new services and entering new markets;
* the impact of any adverse change in the ratings afforded Sprint Nextel’s debt securities by ratings agencies;
* the ability of Sprint Nextel’s Wireless segment to continue to grow and improve profitability;
* the ability of Sprint Nextel’s Local and Long Distance segments to achieve expected revenues;
* the effects of mergers and consolidations in the communications industry and unexpected announcements or developments from others in the telecommunications industry;
* the uncertainties related to Sprint Nextel’s investments in networks, systems, and other businesses;
* the uncertainties related to the implementation of Sprint Nextel’s business strategies,
* unexpected results of litigation pending or filed against Sprint Nextel;
* a no significant adverse change in Motorola, Inc.’s ability or willingness to provide handsets and related equipment and software applications or to develop new technologies or features for Sprint Nextel’s iDEN network;
* the network performance, including any performance issues resulting from the reconfiguration of the 800 Megahertz band of the iDEN network that is contemplated by the Federal Communications Commission’s Report and Order, released in August 2004 and supplemented thereafter;
* the costs of compliance with regulatory mandates, particularly requirements related to the Federal Communications Commission’s Report and Order and deployment of enhanced 911 services on the iDEN network;
* equipment failure, natural disasters, terrorist acts, or other breaches of network or information technology security;
* inability of third parties to perform to Sprint Nextel’s requirements under agreements related to Sprint Nextel’s business operations;
* one or more of the markets in which Sprint Nextel competes being impacted by changes in political or other factors such as monetary policy, legal and regulatory changes or other external factors over which Sprint Nextel has no control; and
* other risks referenced from time to time in Sprint Nextel’s filings with the Securities and Exchange Commission (SEC), including its Form 10-K for the year ended December 31, 2004, as amended, and its quarterly reports on Form 10-Q for the subsequent quarterly periods.
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 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 2004 Form 10-K as amended, and will provide a similar discussion in its 2005 Form 10-K that is expected to be filed in March 2006. You are encouraged to review these filings.
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