| Business Summary | | Sprint
PCS
Group
operates
a
100%
digital
PCS
wireless
network
in
the
United
States,
using
a
single
frequency
and
a
single
technology.
Sprint
PCS,
a
subsidiary
of
Sprint
Corporation,
comprises
Sprint
Corporations'
wireless
PCS
operations.
The
Company
provides
nationwide
service
through
operating
its
own
digital
network
in
major
United
States
metropolitan
areas;
affiliating
with
other
companies,
mainly
in
and
around
smaller
United
States
metropolitan
areas;
roaming
on
other
providers'
analog
cellular
networks
using
dual-band/dual-mode
handsets;
and
roaming
on
other
providers'
digital
PCS
networks
that
use
code
division
multiple
access.
At
year-end
2000,
the
PCS
Group,
together
with
affiliates,
operated
PCS
systems
in
over
300
metropolitan
markets.
The
service
offered
by
the
Company
and
its
affiliates
reaches
more
than
220
million
people. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Sprint
PCS
Group
is
engaged
in
the
wireless
mobile
telephone
operations
conducted
by
Sprint
Corp.,
including
Sprint
Spectrum,
SprintCom,
PhillieCo,
and
an
interest
in
Cox
PCS.
For
the
six
months
ended
6/30/01,
revenues
increased
60%
to
$4.32
billion.
Net
loss
before
extraordinary
item
and
before
acct.
change
and
applicable
to
Common
decreased
34%
to
$647
million.
Revenues
reflect
the
increase
in
the
customer
base.
Lower
loss
was
partially
offset
by
higher
operating
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| William Esrey, 61 Chairman,
CEO | $1.4M | $27.8M | Charles Levine, 47 Pres | 1.9M | 9.7M | Arthur Krause, 59 CFO,
Exec. VP | 575K | 8.9M | Michael Fuller, 56 Pres--Local
Telecommunications Division | 523K | 15.7M | Don Hallacy, 44 Pres--Technology
Services | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|