Business Services Industry
Sprint Expands Reach of Wireline Cable Business; One million users experience Sprint VoIP services; Sprint expands footprint to homes with three additional cable partners
Business Wire, April 10, 2006
RESTON, Va. -- Sprint (NYSE:S) today announced that it now serves more than one million VoIP (voice over Internet Protocol) subscribers for the cable industry, a fourfold growth in the past year. Additionally, in its ongoing effort to bring competition and customer choice to large and small communities across the U.S. through cable partnerships, Sprint has signed VoIP agreements with several new cable companies, including WEHCO Video, NPG Cable, Inc. and Shrewsbury Electric and Cable Operations (SELCO). These new partnerships reinforce Sprint's leadership in enabling cable companies to enter the voice services business.
"We are continuing to execute against our vision of being the premier partner to the cable industry," said Jim Patterson, vice president, cable solutions for Sprint. "Today, Sprint's wireline cable partners rely on our operational experience to enable quality VoIP services and bundled offerings in twenty-four states. We are continuing to pursue additional customers and territory expansion, even as current market penetration grows."
Extending Sprint's wireline VoIP solution into the small business market and working with its cable joint venture partners to launch wireless converged services are logical next steps.
"Sprint is focused on operational excellence, market readiness, and scalability so our customers can attain profitable market share," said Patterson. "Sprint's ability to enable cable companies to offer a home voice alternative to residential customers is only one of many ways to unlock value through Sprint's partnerships in the cable industry."
About WEHCO
WEHCO Video provides cable services to more than 90,000 cable customers (190K HHP) in parts of Arkansas, Texas, Oklahoma and Mississippi.
About NPG Cable, Inc.
NPG Cable, Inc., offers a variety of communications and services including digital cable, high-speed Internet, high-definition channels, pay-per-view movies and events, movie channels, digital telephone service and local customer service. NPG offers services in markets covering 170K HHP.
About Shrewsbury Electric and Cable Operations
Shrewsbury Electric and Cable Operations, (SELCO), has operated a cable system in Shrewsbury, MA since 1983. SELCO's cable penetration rate is estimated to be about 84 percent of the town's total households. SELCO serves approximately 11,800 customers (14.2K HHP) within the Town of Shrewsbury, Massachusetts.
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.
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