Sprint Nextel to Acquire Wireless Affiliate Enterprise Communications Partnership

* More Than 52,000 PCS Wireless Users to Become Direct Subscribers of Sprint Nextel
* Extends Company’s Direct Service Territory to an Additional 825,000 People

RESTON, Va. and COLUMBUS, Ga. — 12/16/2005, Sprint Nextel Corp. (NYSE: S) and Enterprise Communications Partnership announced today an agreement for Sprint Nextel to acquire Enterprise Communications for approximately $98 million, including the assumption of debt. This transaction value represents 7.8x projected 2006 Adjusted Operating Income Before Depreciation and Amortization (“Adjusted OIBDA” *).

Additionally, Sprint Nextel will pay approximately $2 million to acquire licenses for C Block wireless spectrum from an affiliate of Enterprise Communications.

The acquisition is subject to customary regulatory approvals and is expected to be completed in the first quarter of 2006.

About Enterprise
Enterprise Communications, based in Columbus, Ga., provides Sprint PCS services in Alabama and Georgia, serving more than 52,000 direct wireless subscribers. It employs about 80 people and had revenues for the twelve months ended September 30, 2005 of $54.3 million.

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 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/mr.

Advisors
Sprint Nextel’s financial advisor for the transaction was Citigroup Global Markets Inc.; its principal legal advisor was King & Spalding LLP. Enterprise’s financial advisor was Stifel, Nicolaus & Company, Incorporated, and its principal legal advisor was McKenna Long & Aldridge, LLP.

*Financial Measures
Certain financial measures included in this release have been generated using adjustments to amounts determined under generally accepted accounting principles (non-GAAP). The non-GAAP financial measures reflect industry conventions, or standard measures of liquidity, profitability or performance commonly used by the investment community for comparability purposes. The financial measures used in this release include the following:

Adjusted OIBDA is defined as operating income plus depreciation, amortization and special items. We believe that Adjusted OIBDA provides useful information to investors because it is an indicator of the strength and performance of ongoing business operations. While depreciation and amortization are considered operating costs under generally accepted accounting principles, these expenses primarily represent non-cash current period allocation of costs associated with long-lived assets acquired or constructed in prior periods.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995
A number of the matters discussed in this document that are not historical or current facts deal with potential future circumstances and developments, in particular, information regarding the acquisition of Enterprise Communications. The discussion of such matters is qualified by the inherent risks and uncertainties surrounding future expectations generally, and also may materially differ from actual future experience involving any one or more of such matters. Such risks and uncertainties include: the result of the review of the proposed acquisition by various regulatory agencies, and any conditions imposed in connection with consummation of the acquisition; and satisfaction of various other conditions to the closing of the acquisition contemplated by the acquisition agreement; and the risks that have been described from time to time in Sprint Nextel’s and Nextel Communications, Inc.’s respective reports filed with the SEC, including each company’s annual report on Form 10-K for the year ended December 31, 2004 as amended, and their respective quarterly reports on Form 10-Q filed in 2005. This document speaks only as of its date, and each of Sprint Nextel, Nextel and Enterprise Communications disclaims any duty to update the information herein.

Contact Information

Nick Sweers

Sprint Nextel

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