Sprint was born out of the thousands of miles of telegraph wire that ran along the Southern Pacific Railroad's tracks to facilitate train dispatches. The name "Sprint" was an acronym for the system: Southern Pacific Railroad Internal Networking Telecommunications.
In the 1970s, the group opened up access to the long-distance calling network for private customers.
The company has been in declining condition ever since its merger with Nextel in 2004 allowing themselves to sink deeper and deeper into a hole that was hard to get out.
Sprint's - We're almost as good for less money' was a terrible value proposition.
If the merger could not proceed owing to opposition from regulators, Sprint could probably find itself in bankruptcy court.