A $3 Telecom With Significant Upside Potential

ByNick Chiu:Sprint Nextel (S) is the third-largest carrier in the U.S., serving 48 million customers directly.

Zacks.com submits: Sprint Nextel Corp. (S), the third-largest U.S. wireless carrier, extended its $1.2 billion three-year health care purchasing contract with VHA Inc. Sprint has been providing wireless and wireline services to VHA for more than 14 years.

Chief executive and company founder Tony Lacavera is stepping down at Wind Mobile, the wireless carrier said Friday, with the bulk of his stake being acquired by European conglomerate VimpelCom Ltd., which is assuming full control of the Canadian entity. For Mr. Lacavera, the departure will cap a bumpy three-year run at the top of the high-profile upstart that aimed to shake up a $19-billion mobile market still dominated by three well-entrenched giants in Rogers Communications Inc., BCE Inc. and Telus Corp.

By Osman Gulseven:Sprint (S) is one of the oldest telecom companies in the U.S. Established in 1899; the Kansas-headquartered Sprint Nextel offers both wireless and wireline voice and data transmission services in the U.S., Puerto Rico and the U.S. Virgin Islands. At the beginning of the century, Sprint was among the top wireless service providers.

By David Alton Clark:In this article, we will discuss the following stocks: Verizon Communications Inc. (VZ), Merck & Co. Inc. (MRK), Intel Corporation (INTC), Pfizer (PFE), AT&T, Inc.

Trefis submits: Sprint (NYSE:S) has struggled with growing its subscriber base in recent years; however we believe it is righting itself after launching many new initiatives.

Trefis submits: As tablet PC usage rises, US telecom giant AT&T (T) could see a sharp rise in its revenues from wireless data customers.