Committee Charters

The Audit Committee

The primary purposes of the Audit Committee are to assist the Board in fulfilling its oversight responsibilities with respect to the integrity of Sprint Nextel's financial statements and related disclosures, Sprint's compliance with legal and regulatory requirements, the independent registered public accounting firm's qualifications and independence, the performance of Sprint's independent registered public accounting firm and internal audit function, Sprint's Ethics and Compliance Program, and Sprint's Enterprise Risk Management program. The Audit Committee is to act on behalf of the Board and to oversee all material aspects of Sprint's accounting and financial reporting processes and the quality and integrity of Sprint's financial statements and related disclosures, including oversight of the activities of Sprint's management and of Sprint's independent registered public accounting firm.

Committee Charter

The Compensation Committee

The primary functions of the Compensation Committee are to discharge the Board's responsibilities relating to compensation of Sprint's executives in general and its principal senior officers in particular, to report on executive compensation in Sprint's annual proxy statement in accordance with applicable rules and regulations, and to review with management plans for the orderly development and the succession of senior officers.

Committee Charter

The Executive Committee

The Executive Committee's primary function is to exercise the powers of the Board of Directors on matters of an urgent nature which arise between regularly scheduled Board meetings.

Committee Charter

The Finance Committee

The primary functions of the Finance Committee are to advise and assist the Board with regard to Sprint's capital structure, annual budgets, financial risk management, and investment policies; and review and approve proposed acquisitions, dispositions, mergers, joint ventures and similar transactions.

Committee Charter

The Nominating and Corporate Governance Committee

The primary function of the Nominating and Corporate Governance Committee is to ensure that Sprint Nextel has effective corporate governance policies and procedures and an effective Board and Board review process.

Committee Charter