Sprint Nextel has formed a new unit which will focus specifically on offering fixed line services to the corporate market. The company hopes the growth in this sector will help offset the continuing decline in its mobile business, and plans to introduce new products to strengthen its offering to business customers throughout 2008-09. The new unit will push managed services such as IP WAN, online self-service tools and hosted security.
Sprint’s move was announced the day after AT&T’s restructuring. AT&T’s operations have been reorganised into four divisions: the Mobility and Consumer Markets segment, the Business Services segment, AT&T Operations and the Diversified Business Group. The Business Services unit, which formerly functioned as the enterprise business services division that oversaw large global customers, has added SMEs to its remit.