Groundbreaking Managed Service Helps Mobile Operators Achieve Sustainability Goals Through Device Recapture and Recycle
Overland Park, KS – November 9, 2010 – TMNG Global (NASDAQ: TMNG) a leading provider of management consulting and software solutions to the global communications, media and entertainment industries, today announced that Sprint Nextel has implemented TMNG’s SmartXchangeSM solution, a groundbreaking, proactive mobile device recapture service for the communications industry. SmartXchangeSM is a patent- pending service that allows wireless providers to proactively target specific devices and customers in order to drive maximum benefits from the collection and reuse of handsets and other electronic devices.
“Sprint is a pioneer in wireless re-use and recycling,” says Fared Adib, vice president of product development for Sprint Nextel. “We were the first U.S. Carrier to commit ourselves to achieving an aggressive 2017 goal to collect nine devices out of every 10 sold – or 90 percent – for reuse and recycling. At the end of 2009, Sprint achieved a wireless recycling and reuse rate of more than 41 percent, well ahead of the industry average,” continues Adib. “Sprint’s leadership in corporate responsibility and environmental sustainability continues to receive recognition. For the second year in a row, Sprint ranked highest among all U.S. telecom companies on Newsweek‘s Green Rankings at #6 out of 500 companies, up from #15 in 2009. This new partnership with TMNG is another step forward that will help us achieve our goals.”
The SmartXchangeSM service provides wireless operators with the tools they need to proactively reach out to customers who have used or unwanted handsets that have value to their business operations, either for refurbishing or resale. SmartXchangeSM, which is powered by TMNG Global’s Ascertain® software suite, also helps operators coordinate with incentive partners, interface with recyclers, and track activities through customized dashboards and robust and flexible reporting.
“Sprint continues to demonstrate its commitment to corporate responsibility and we are proud to work together to help the company achieve its objectives,” said Rich Nespola, Chairman and CEO of TMNG Global. “Our SmartXchangesm solution will help Sprint, and other mobile service providers, prevent thousands of tons of discarded wireless devices from entering the waste stream. At the same time, they are able to meet the demand for greater replacement parts and refurbished handsets and realize the trapped economic value of their customer devices.”
For more information, visit: www.tmng.com/SmartXchange.
About TMNG Global
TMNG Global (NASDAQ: TMNG) is a leading provider of professional services to the communications, digital media, technology and financial services industries. Since 1990, TMNG Global and its subsidiaries, CSMG and Cartesian, have provided strategy, business, operations and technical consulting to more than 1,200 firms worldwide. The company is headquartered in Overland Park, Kansas, with offices in Boston, London, New Jersey, Shanghai and Washington, D.C. For more information about TMNG Global, visit www.tmng.com.
About Sprint Nextel
Sprint Nextel offers a comprehensive range of wireless and wireline communications services bringing the freedom of mobility to consumers, businesses and government users. Sprint Nextel served more than 48.8 million customers at the end of the third quarter of 2010 and is widely recognized for developing, engineering and deploying innovative technologies, including the first wireless 4G service from a national carrier in the United States; offering industry-leading mobile data services, leading prepaid brands including Virgin Mobile USA, Boost Mobile, Common Cents Mobile and Assurance Wireless; instant national and international push-to-talk capabilities; and a global Tier 1 Internet backbone. Newsweek ranked Sprint No. 6 in its 2010 Green Rankings, listing it as one of the nation’s greenest companies, the highest of any telecommunications company. You can learn more and visit Sprint at www.sprint.com or www.facebook.com/sprint and www.twitter.com/sprint.