#2: Sprint Nextel
CEO: Dan Hesse
Revenue: $22.49 billion (down 11.5 percent)
Sprint Nextel has suffered during the economic downturn, and its revenue for the start of 2009 was more of the same. Improving customer service, promoting the brand and strengthening financials are top priorities for 2009. The company hopes to stir up some buzz with the upcoming launch of the Palm Pre.