Company analysis of sprint Essay Example | Topics and Well Written Essays - 1500 words

Company analysis of sprint - Essay ExampleThe phoner is a major conglomerate that has acquired various smaller entities that provide mobile telecommunications, Internet and other radio set services. The company is a public entity that is traded on the New York Stock Exchange and its functions can be traced back to 1899 when Brown earpiece Company was founded to provide telephone services to Kansas.The company therefore has a lot of services that ar provided by different specialized entities in the group. The main focus is on growing and expanding in post to enter profitable niches and sectors of the global telecommunication industrySprint was founded by Cleyson Brown in 1899 and he sought to introduce telephone technology to his home state of Kansas and he did this by introducing Brown bring forward Company as a monopoly in Abilene, Kansas (Sprint Nextel para 2). The company expanded its services to different move of the state of Kansas and by the end of the Second World War, Brown Telephone Company had a fast(a) grip on the Southern USA markets. It expanded gradually to different parts of the join States and employ aggressive growth strategies to penetrate into other parts of the American markets.By the mid-1970s the company had positioned itself as the largest supreme local telephone company (Sprint Nextel para 3). Then the markets for long-distance communication grew in the 1980s by means of the introduction of digital and fiber-optic networks. Sprint moved to take the opportunity and invested in these new technologies. With time, the company became a pioneer in selective information collections and became the largest commercial packet data network in the United States in 1980.In the 1990s, Sprint grew to focus on consumer and business clients and this allowed them to specialize in the voice and data services. There was a merger in 1993 of Sprint and Centel which created the impetus for a local provider and wireless service that focused on long- distance communication.