Global InformationNextel information
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Trade name | Nextel |
|---|---|
| Formerly | FleetCall (1987–1993) |
| Company type | Public |
Traded as | Nasdaq: NXTL |
| Industry | Wireless communications |
| Founded | 1987 (as FleetCall) |
| Founders |
|
| Defunct | August 12, 2005 |
| Fate | Merged with Sprint Corporation |
| Successor | Sprint Nextel Corporation NII Holdings |
| Headquarters | Reston, Virginia , United States |
Area served | United States |
Key people | Morgan O'Brien, Chairman (1987–1995), Vice-Chairman (1995–2005) |
| Revenue | US$13.368 billion (2004) |
Operating income | US$3.283 billion (2004) |
Net income | US$3.000 billion (2004) |
| Total assets | US$22.744 billion (2004) |
| Total equity | US$9.408 billion (2004) |
Number of employees | 19,000 (2005) |
| Website | nextel |
| Footnotes / references [1][2] | |
Nextel Communications, Inc. was an American wireless service operator that merged with and ceased to exist as a subsidiary of Sprint Corporation, which would later be bought by T-Mobile US and folded into that company. Nextel in Brazil, and formerly in Argentina, Chile, Peru, the Philippines, and Mexico,[3] is part of NII Holdings, a stand-alone, publicly traded company not owned by Sprint Corporation.
Nextel Communications traces its roots to the 1987 foundation of FleetCall by Morgan O'Brien, Brian McAuley, Chris Rogers, and Peter Reinheimer. FleetCall changed its name to Nextel Communications, Inc. in 1993. Nextel provided digital, wireless communications services, originally focusing on the fleet and dispatch customers, but later marketed to all potential wireless customers. Nextel's network operated in the 800-MHz Specialized Mobile Radio band and used iDEN technology developed by Motorola. Nextel's iDEN network offered a then unique push-to-talk "walkie-talkie" feature in addition to direct-dialed voice calls. Nextel was one of the first providers in the United States to offer a national digital cellular coverage footprint.
Prior to merging with Sprint Corporation in 2005, Nextel Communications, Inc. was a publicly traded company. Shares traded on the NASDAQ under the ticker symbol NXTL. Nextel was headquartered in Reston, Virginia, United States.[2]
At the time of its 2005 merger with Sprint Corp., Nextel had over twenty million subscribers in the United States and served 198 of the top 200 markets. Nextel Communications, Inc. offered postpaid services under the Nextel brand and prepaid services under the Boost Mobile brand.
In late 2010, Sprint Nextel announced plans to decommission the Nextel iDEN network; on May 30, 2012, Sprint Nextel announced that it would shut down the Nextel network as early as June 2013.[4] The Nextel network was officially shut down at 12:01am on June 30, 2013, and Sprint began the process of deploying LTE equipment on the 800 MHz spectrum formerly used by the iDEN network.
Before the acquisition by T-Mobile US, Sprint Corporation continued to offer pre-paid services under the Boost Mobile brand and also offered push-to-talk services as Sprint Direct Connect using CDMA equipment.
- ^ Nextel Communications, Inc (2005-03-15). "Form 10-K Annual Report Pursuant to Section 13 or 15(d) or the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2004 Commission file number 0-19656 Nextel Communications, Inc". EDGAR. United States Securities and Exchange Commission. Retrieved 2012-05-24.
- ^ a b Nextel Communications, Inc. (2001). "Contact Us". Nextel Communications Inc. Archived from the original on 2001-08-01. Retrieved 2012-05-25.
- ^ "AT&T Completes Acquisition of Nextel Mexico" (Press release). AT&T. Retrieved 2016-06-14.
- ^ "Sprint to shut Nextel by June 2013". 2012-05-30. Retrieved 2012-05-30.