"This Industry Looks Very Healthy to Me"

Sprint PCS President Charles Levine expects wireless penetration rates in the U.S. to approach the European and Asian levels

Sprint PCS is known as a pioneer in the cellular business. One of the first service providers to market to teens, the company leads the industry in wireless games and fancy cell-phone ring-tones, both hits with consumers. It will soon become the first U.S. operator to launch a nationwide high-speed wireless network, allowing for cell-phone access to e-mail and photo downloads. The innovation has paid off in market share: Sprint PCS (PCS ) has 15.8 million subscribers, nearly triple its 5.7 million in 1999, and has become the No. 4 wireless provider in the U.S.

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