The U.S. telecom space has generated more than its share of headlines over the last 12 months amid a wave of massive mergers. And, while that's been plenty exciting in this usually dull space, the real competition might just be getting started. With plenty of fresh capital and spectrum to boot, Sprint Nextel (S) is taking dead aim at the two largest incumbents in in this space -- AT&T (T -0.04%) and Verizon (VZ -0.43%), much to consumers' delight. So what's Sprint's master plan? In this video, Fool contributor Andrew Tonner talks about how Sprint could quickly change the game in the U.S. telecom space.