April 19, 2006
Sprint Nextel's Inclusion Practices Receive Honors from DiversityInc
Company Named One of the Top 50 Companies for Diversity and One of the Top 10 Companies for African Americans
John Adams, Sprint, 913-794-2940
Dolores Machuca-Ruiz, DiversityInc., 973-494-0564
RESTON, Va., & NEWARK, N.J. — 04/19/2006
In its sixth successful year of empirically and objectively demonstrating corporate-diversity success, the nation's most credible business list for diversity was released today. DiversityInc announced The 2006 Top 50 Companies for Diversity, and coming in at 39 was Sprint Nextel (NYSE: S). Sprint Nextel was also recognized as one of the Top 10 Companies for African Americans. This is Sprint Nextel's third consecutive year of making the Top 50 Companies for Diversity list and first year of making the Top 10 Companies for African Americans list.
A total of 256 companies, a 100 percent increase over the last three years, competed for a spot on the highly coveted list for the business publication. The list of winners was announced today on www.DiversityInc.com and a more detailed analysis of the winners and the results will be featured in the June issue of DiversityInc magazine.
New this year was the requirement that companies on The DiversityInc Top 50 Companies for Diversity list demonstrate consistent strength in the four areas the survey measures. Also, more weight was given to CEO Commitment, the most crucial of the four areas measured - the others are Human Capital, Corporate Communications and Supplier Diversity.
"At Sprint Nextel, inclusion and diversity are a part of everything we do," said Ralph Reid, vice president of corporate inclusion and community relations, Sprint Nextel. "By focusing on the four key cornerstones of employees, suppliers, customers and the community, Sprint Nextel has been able to reach diverse markets and attract the best talent. We are pleased that DiversityInc has recognized this and thank them for the honor."
"Sprint Nextel's commitment to diversity starts with its CEO and extends to all aspects of its business," said Luke Visconti, partner and cofounder of DiversityInc. "As a DiversityInc Top 50 company, Sprint Nextel demonstrated strong unbiased recruitment and retention as well as excellence in communications and supplier diversity. It is a commitment to these management practices that have earned Sprint Nextel the recognition on the Top 50 list."
About Sprint Nextel
Sprint Nextel offers a comprehensive range of communications services bringing mobility to consumer, business and government customers. Sprint Nextel is widely recognized for developing, engineering and deploying innovative technologies, including two robust wireless networks offering industry leading mobile data services; instant national and international walkie-talkie capabilities; and an award-winning and global Tier 1 Internet backbone. For more information, visit www.sprint.com.
About DiversityInc Magazine
DiversityInc is a monthly business magazine published by DiversityInc Media LLC, a privately owned company with no outside investors. Launched in 2002 as an extension of DiversityInc.com, DiversityInc magazine and its daily news site are the nation's leading source of information for cutting-edge knowledge of the business case for diversity. DiversityInc magazine offers readers more in-depth articles and substantive analysis, building on the company's history as the premier expert on reporting and analyzing diversity issues and their impact on U.S. society and business.