Sprint LLC
Company Profile
Business description
Sprint LLC is into the wireless industry and providers of mobile phone service in the United States, serving 26 million postpaid and 9 million prepaid phone customers directly and 13 million via wholesale channels. Over the past five years, the firm's share of the postpaid phone market has declined about 1 percentage point to 12%, leaving it about three fourths the size of T-Mobile U.S., the next smallest carrier. About 4% of sales come from the wireline unit, which provides phone and data services to the wireless unit and external customers. Japanese firm Softbank took a 78% stake in Sprint through the purchase of existing Sprint shares and a $5 billion equity infusion in 2013; it has since increased its stake to 85%.
Contact
6200 Sprint Parkway
Overland ParkKS66251
USAT: +1 913 794-1091
Sector
Communication Services
Stock type
Sensitive
Industry
Telecom Services
Fiscal Year End
Employees
28,500
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