As the Fool's telecom editor, I spend a good bit of time chatting it up with our lead telecom contributor, Dave Mock. In exploring content ideas for December, I proposed that we present readers with a Dueling Fools series on troubled Sprint Nextel (NYSE:S). There was only one problem: We couldn't both take the bear position. One of us would have to cave and say something positive about Sprint.

Ever the Southern gentleman, I offered to bite the bullet. Then, as I dug into the company, I was surprised to find myself actually buying into the Sprint thesis -- namely, that the company is improving its customer experience while taking steps to reduce its cost structure. Oh, and that the shares sport an eye-catchingly low valuation.

That said, make no mistake: Sprint has been getting owned by its competition these past few quarters. Industry top dogs Verizon Wireless -- a joint venture between Verizon Communications (NYSE:VZ) and Vodafone (NYSE:VOD) -- and AT&T (NYSE:T), spurred on by its Apple (NYSE:AAPL) iPhone success, have been taking Sprint's lunch money.

Will Sprint continue to be the aimless middle child of the U.S. wireless industry, or is Mr. Market overlooking a cheaply priced promising turnaround? Read on, Fools, and then share your own thoughts by voting for the winner and sounding off in Motley Fool CAPS.

Duel on!

Sprint is a Motley Fool Inside Value recommendation. To find the IV team's estimate of fair value on this and dozens of other recommendations, give the service a spin with a 30-day free trial.

Fool telecom editor Joe Magyer was introduced to cellular technology while watching Saved by the Bell. Joe does not own shares of any companies mentioned in this article. The Motley Fool has a disclosure policy.