Sears, Roebuck & Co
Industry: Communications Services

Sear's vision is to be the preferred and most trusted resource for the products and services that enhance home and family life.

Business Summary
Sprint Nextel Corporation formerly Sprint Corporation (Sprint) is a global communications company offering an extensive range of communication products and solutions, including wireless, long-distance voice and data transport, global Internet Protocol (IP), local and multi-product bundles. Sprint is selling into the cable telephony market through arrangements with cable companies that resell Sprint long-distance service and/or use Sprint back-office systems and network assets in support of their local telephone service provided over cable facilities. Sprint is a carrier of Internet traffic and provides connectivity to any point on the Internet either through its own network or via direct connections with other backbone providers. Sprint's operations are divided into three lines of business: Wireless, Local and Long distance operations.

Financial Summary
Sprint Nextel Corporation is a provider of long-distance, local service and wireless communications. It operates two groups: The FON Group and The PCS Group. For the 6 mths ended 6/30/05, revenues rose 3% to $14.05B. Net income applicable to Common rose from $452M to $1.07B. Revenues reflect sales increases from the PCS wireless division. Earnings also benefited from lower operating expenses as a percentage of sales and lower debt levels.