August 07, 2007

Sprint Nextel Declares Third Quarter Dividends

RESTON, Va.--(BUSINESS WIRE)--Aug. 7, 2007--Sprint Nextel Corp. (NYSE:S) today announced that its board of directors has declared third quarter dividends for Sprint Nextel Common Stock. A dividend of 2.5 cents per share is payable Sept. 28, 2007, to shareholders of record at the close of business on Sept. 7, 2007.

About Sprint Nextel

Sprint Nextel offers a comprehensive range of wireless and wireline communications services bringing the freedom of mobility to consumers, businesses and government users. Sprint Nextel is widely recognized for developing, engineering and deploying innovative technologies, including two robust wireless networks serving more than 53.6 million customers at the end of the first quarter 2007; industry-leading mobile data services; instant national and international walkie-talkie capabilities; and a global Tier 1 Internet backbone. For more information, visit www.sprint.com.

CONTACT: Sprint Nextel Corp.
James Fisher, 703-433-8677
Investor Relations:
Kurt Fawkes, 800-259-3755

SOURCE: Sprint Nextel Corp.

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