Sprint Nextel Completes Acquisition of Velocita Wireless

Reston, VA — 02/28/2006, Sprint Nextel Corp. (NYSE: S) has completed its acquisition of Velocita Wireless, based in Woodbridge, New Jersey. Velocita Wireless will operate as a subsidiary of Sprint Nextel, which intends to use some of Velocita’s 900 MHz spectrum to supplement Sprint Nextel’s capacity and coverage for its iDEN®-based Nextel National Network.

"Sprint Nextel is excited about the opportunity to offer Velocita’s customers a broader suite of wireless and wireline, data and voice products and services" said Mark Hull, general manager for Velocita Wireless.


About Sprint Nextel
Sprint Nextel offers a comprehensive range of wireless and wireline communications services 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/mr.

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James Fisher

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Sprint Nextel Corp.

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