©2008 S
print N
exte
l. A
ll rights
rese
rved.
Sp
rin
t N
exte
lIn
vesto
r Q
uart
erl
y U
pdate
-4Q
07
Febru
ary
28, 2008
©2008 S
print N
exte
l. A
ll rights
rese
rved.
Ku
rt F
aw
kes
Vic
e P
resid
ent of In
vesto
r R
ela
tions
3©
2008 S
print N
exte
l. A
ll rights
rese
rved.
Cautionary
Sta
tem
ent
•T
his
pre
senta
tion inclu
des “
forw
ard
-lookin
g s
tate
ments
”w
ithin
the m
eanin
g o
f th
e s
ecu
rities
law
s. T
he s
tate
ments
in this
pre
senta
tion r
egard
ing the
busin
ess
outlook, exp
ect
ed p
erf
orm
ance
, fo
rward
lookin
g g
uid
ance
, as
well
as o
ther
state
ments
that are
not his
torical f
act
s, a
refo
rward
-lookin
g s
tate
ments
.
The w
ord
s "e
stim
ate
," "
pro
ject
," ”
fore
cast
,”"i
nte
nd,"
"exp
ect
," "
belie
ve,"
"ta
rget,"
“pro
vid
ing g
uid
ance”
and s
imila
r exp
ress
ions
are
inte
nded to identif
y
forw
ard
-lookin
g s
tate
ments
. F
orw
ard
-lookin
g s
tate
ments
are
est
imate
s and p
roje
ctio
ns
reflecting m
anagem
ent's
judgm
ent based o
n c
urr
ently
availa
ble
in
form
ation a
nd invo
lve a
num
ber
of
risks
and u
nce
rtain
ties
thatco
uld
cause
act
ual re
sults
to d
iffe
r m
ate
rially
fro
m those
suggest
ed b
y th
e forw
ard
-lookin
g
sta
tem
ents
. W
ith r
espect
to these forw
ard
-lookin
g s
tate
ments
, m
anagem
ent has
made a
ssu
mptions r
egard
ing, am
ong o
ther
thin
gs,
cust
om
er
and n
etw
ork
usage, cu
stom
er
gro
wth
and r
ete
ntion, pricin
g, opera
ting c
ost
s, the t
imin
g o
f va
rious e
vents
and the e
conom
ic e
nvironm
ent. F
utu
re p
erf
orm
ance
cannot be
assure
d. A
ctual re
sults
may
diff
er
mate
rially
fro
m those
in the forw
ard
-lookin
g s
tate
ments
. S
om
e facto
rs that could
cause
act
ual re
sults
to d
iffer
incl
ude:
•th
e e
ffects
of vig
oro
us c
om
petition,
inclu
din
g the im
pact of
com
petition o
n the p
rice w
e a
re a
ble
to c
harg
e c
ust
om
ers
for
serv
ices a
nd e
quip
ment w
e p
rovid
e
and o
ur
abili
ty to a
ttra
ct n
ew
cust
om
ers
and r
eta
in e
xis
ting c
ust
om
ers
; th
e o
vera
ll dem
and for
our
serv
ice o
fferings, in
clu
din
g the im
pact
of decis
ions
of new
subsc
ribers
betw
een o
ur
post
-paid
and p
repaid
serv
ices o
fferings
and b
etw
een o
ur
two n
etw
ork
pla
tform
s; a
nd the im
pact
of new
, em
erg
ing a
nd c
om
peting
technolo
gie
s on o
ur
busin
ess;
•
the im
pact of ove
rall
wirele
ss m
ark
et penetr
ation o
n o
ur
abili
tyto
attra
ct and r
eta
in c
ust
om
ers
with
good c
redit
standin
g a
nd the inte
nsifi
ed c
om
petition
am
ong w
irele
ss
carr
iers
for
those c
ust
om
ers
; •
the im
pact of diff
icultie
s w
e m
ay
continue to e
nco
unte
r in
connect
ion w
ith the inte
gra
tion o
f th
e p
re-m
erg
er
Sprint and N
ext
el busin
esse
s, a
nd the inte
gra
tion
of th
e b
usin
esse
s and a
ssets
of N
ext
el P
art
ners
, In
c. a
nd the P
CS
Aff
iliate
s that pro
vid
e w
irele
ss
PC
S u
nder
the S
print®
bra
nd n
am
e, th
at w
e h
ave
acquired, in
clu
din
g the r
isk that th
ese d
iffic
ultie
s co
uld
pre
vent or
dela
y our
realiz
ation o
f th
e c
ost
savin
gs
and o
ther
benefits
we e
xpect
to a
chie
ve a
s a
result
of th
ese inte
gra
tion e
ffort
s a
nd the r
isk that w
e w
ill b
eunable
to c
ontinue to r
eta
in k
ey
em
plo
yees;
•
the u
nce
rtain
ties
rela
ted to the im
ple
menta
tion o
f our
busin
ess
str
ate
gie
s, invest
ments
in o
ur
netw
ork
s, our
syst
em
s, a
nd o
ther
busin
esse
s, inclu
din
g
invest
ments
required in c
onnect
ion w
ith o
ur
pla
nned d
eplo
ym
ent of a n
ext genera
tion b
roadband w
irele
ss
netw
ork
; •
the c
osts
and b
usin
ess
risks a
sso
cia
ted w
ith p
rovid
ing n
ew
serv
ices a
nd e
nte
ring n
ew
geogra
phic
mark
ets
, in
clu
din
g w
ith r
espect
to o
ur
deve
lopm
ent of
new
serv
ices
exp
ecte
d to b
e p
rovid
ed u
sin
g the n
ext genera
tion b
roadband w
irele
ss
netw
ork
that w
e p
lan to d
eplo
y;
•th
e im
pact of pote
ntial a
dvers
e c
hanges in the r
atin
gs
afford
ed o
ur
debt se
curities
by r
atings a
gencie
s;
•th
e e
ffects
of m
erg
ers
and c
onsolid
ations
and n
ew
entr
ants
in the c
om
munic
ations
indust
ry a
nd u
nexpect
ed a
nnouncem
ents
or
develo
pm
ents
fro
m o
thers
in
the c
om
munic
ations
industr
y;
•unexpect
ed r
esults
of lit
igation file
d a
gain
st us;
•
the inabili
ty o
f th
ird p
art
ies to p
erf
orm
to o
ur
requirem
ents
under
agre
em
ents
rela
ted to o
ur
busin
ess o
pera
tions,
inclu
din
g a
sig
nific
ant adve
rse c
hange in
the a
bili
ty o
f any
of our
handset su
pplie
rs to p
rovid
e d
evic
es, or
Moto
rola
, In
c.’s
abili
ty o
r w
illin
gness
to p
rovid
e r
ela
ted e
quip
ment and s
oftw
are
applic
ations,
or
to d
eve
lop n
ew
technolo
gie
s o
r fe
atu
res
for
our
iDE
N®
, netw
ork
; •
the im
pact of advers
e n
etw
ork
perf
orm
ance
; •
the c
osts
and/o
r pote
ntial c
usto
mer
impacts
of com
plia
nce w
ith r
egula
tory
mandate
s, p
art
icula
rly r
equirem
ents
rela
ted to the r
econfigura
tion o
f th
e 8
00 M
Hz
band u
sed to o
pera
te o
ur
iDE
N n
etw
ork
, as
conte
mpla
ted b
y th
e F
edera
l C
om
munic
ations
Com
mis
sion
’s R
eport
and O
rder
rele
ase
d in A
ugust
2004 a
s supple
mente
d b
y subse
quent m
em
ora
ndum
s;
•equip
ment fa
ilure
, natu
ral dis
ast
ers
, te
rrorist
act
s, o
r oth
er
bre
aches
of netw
ork
or
info
rmation tech
nolo
gy
security
; •
one o
r m
ore
of th
e m
ark
ets
in w
hic
h w
e c
om
pete
bein
g im
pact
ed b
ych
anges in p
olit
ical, e
conom
ic o
r oth
er
fact
ors
such
as
moneta
ry p
olic
y,
legal and
regula
tory
changes
or
oth
er
ext
ern
al f
act
ors
ove
r w
hic
h w
e h
ave
no c
ontr
ol;
•and o
ther
risks
refe
rence
d fro
m tim
e to tim
e in o
ur
filin
gs w
ithth
e S
ecurities a
nd E
xch
ange C
om
mis
sio
n, in
clu
din
g o
ur
Form
10-K
for
the y
ear
ended
Decem
ber
31, 2006, in
Part
I, Item
1A
, “R
isk F
act
ors
”and u
pcom
ing F
orm
10-K
for
the y
ear
ended D
ecem
ber
31, 2007.
4©
2008 S
print N
exte
l. A
ll rights
rese
rved.
Non-G
AA
P F
inancia
l M
easure
sS
Next
el p
rovid
es
financia
l measu
res
genera
ted u
sin
g g
enera
lly a
ccepte
d a
ccounting p
rincip
les
(GA
AP
) and u
sin
g a
dju
stm
ents
to G
AA
P (
non-G
AA
P).
T
he n
on-G
AA
P fin
ancia
l measure
s re
flect
indust
ry c
onve
ntions,
or
standard
measu
res
of liq
uid
ity,
pro
fitabili
ty o
r perf
orm
ance
com
monly
use
d b
y th
e
invest
ment com
munity
for
com
para
bili
ty p
urp
oses.
These
non-G
AA
P m
easu
res
are
not m
easure
ments
under
acco
unting p
rincip
les g
enera
lly a
ccepte
d in
the U
nite
d S
tate
s. T
hese
measu
rem
ents
should
be c
onsid
ere
d in a
dditio
n to, but not as
a s
ubst
itute
for,
the info
rmation c
onta
ined in o
ur
financia
l sta
tem
ents
pre
pare
d in a
ccord
ance w
ith G
AA
P. W
e h
ave d
efined b
elo
w e
ach o
f th
e n
on-G
AA
P m
easure
s w
e u
se, but th
ese m
easu
res
may n
ot be
synonym
ous
to s
imila
r m
easu
rem
ent te
rms
used b
y oth
er
com
panie
s.S
print N
ext
el p
rovid
es
reconcili
ations
of th
ese
non-G
AA
P m
easu
res in its
fin
ancia
l re
port
ing. B
ecause
Sprint N
ext
el d
oes
not pre
dic
t specia
l ite
ms
that m
ight occur
in the futu
re, and o
ur
fore
cast
s are
deve
loped a
t a level o
f deta
il diff
ere
nt
than that used to p
repare
GA
AP
-base
d fin
ancia
l m
easu
res,
Sprint N
ext
el d
oes
not pro
vid
e r
econcili
atio
ns to G
AA
P o
f its
forw
ard
-lookin
g fin
ancia
l m
easure
s.
The m
easu
res
use
d in this
rele
ase
inclu
de the follo
win
g:
•A
dju
ste
d E
arn
ing
s p
er
Sh
are
(E
PS
)is
defined a
s inco
me fro
m c
ontinuin
g o
pera
tions, befo
re s
pecia
litem
s, n
et of ta
x and the d
ilute
d E
PS
calc
ula
ted
there
on.
Ad
juste
d E
PS
befo
re A
mo
rtiz
ati
on
is d
efined a
s incom
e fro
m c
ontinuin
g o
pera
tions,
befo
re s
pecia
l item
s and a
mort
ization, net of ta
x, a
nd
the d
ilute
d E
PS
calc
ula
ted there
on. T
hese n
on-G
AA
P m
easu
res s
hould
be u
sed in a
dditio
n to, but not as
a s
ubst
itute
for,
the a
naly
sis
pro
vid
ed in the
sta
tem
ent of opera
tions.
We b
elie
ve that th
ese
measu
res
are
use
ful b
ecause they a
llow
investo
rs to e
valu
ate
our
perf
orm
ance
for
diff
ere
nt periods
on a
m
ore
com
para
ble
basis
by
exclu
din
g ite
ms
that re
late
to a
cquired
am
ort
izable
inta
ngib
le a
sse
ts a
nd n
ot to
the o
ngoin
g o
pera
tions
of our
busin
esse
s.•
Ad
juste
d N
et
Inco
me
is d
efined a
s in
com
e (
loss)
from
continuin
g o
pera
tions
befo
re s
pecia
l ite
ms.
A
dju
ste
d N
et
Inco
me b
efo
re A
mo
rtiz
ati
on
is
defined a
s incom
e (
loss)
from
continuin
g o
pera
tions
befo
re s
pecia
l ite
ms
and a
mort
ization, net of ta
x. T
hese n
on-G
AA
P m
easure
s sh
ould
be u
sed in
additio
n to, but not as
a s
ubst
itute
for,
the a
naly
sis
pro
vid
ed in the s
tate
ment of opera
tions. W
e b
elie
ve that th
ese
measu
res a
re u
sefu
l because
they
allo
w inve
stors
to e
valu
ate
our
perf
orm
ance for
diff
ere
nt periods
on a
more
com
para
ble
basis
by e
xcl
udin
g ite
ms
that do n
ot re
late
to the o
ngoin
g
opera
tions
of our
busin
ess
es.
•
Ad
juste
d O
IBD
A is d
efin
ed a
s opera
ting incom
e b
efo
re d
epre
cia
tion, am
ort
ization, re
str
uct
uring a
nd a
sse
t im
pairm
ents
, and s
pecia
l ite
ms. A
dju
ste
d
OIB
DA
less C
ap
Ex r
epre
sents
Adju
ste
d O
IBD
A less
our
capita
l expenditu
res.
A
dju
ste
d O
IBD
A M
arg
inre
pre
sents
Adju
sted O
IBD
A d
ivid
ed b
y non-
equip
ment net opera
ting r
evenues
for
Wirele
ss a
nd A
dju
sted O
IBD
Adiv
ided b
y net opera
ting r
eve
nues
for
Long D
ista
nce. T
hese
non-G
AA
P m
easure
s should
be u
sed in a
dditio
n to, but not as a
subst
itute
for,
the a
naly
sis
pro
vid
ed in the s
tate
ment of opera
tions.
We b
elie
ve that A
dju
sted O
IBD
A a
nd
Adju
sted O
IBD
A M
arg
in p
rovid
e u
sefu
l info
rmation to invest
ors
beca
use
they
are
an indic
ato
r of th
e s
trength
and p
erf
orm
ance
of our
ongoin
g b
usin
ess
opera
tions,
inclu
din
g o
ur
abili
ty to fund d
iscre
tionary
spendin
gsu
ch a
s capital e
xpenditure
s, s
pect
rum
acquis
itio
ns
and o
ther
invest
ments
and o
ur
abili
ty to incu
r and s
erv
ice d
ebt. W
hile
depre
cia
tion a
nd a
mort
ization a
re c
onsid
ere
d o
pera
ting c
ost
s u
nder
genera
lly a
ccepte
d a
ccounting p
rincip
les,
these
exp
ense
s prim
arily
repre
sent non-c
ash
curr
ent period a
llocation o
f co
sts a
sso
cia
ted w
ith long-liv
ed a
ssets
acq
uired o
r const
ruct
ed in p
rior
periods.
Adju
sted O
IBD
A a
nd A
dju
sted O
IBD
A M
arg
in a
re c
alc
ula
tions
com
monly
use
d a
s a b
asis
for
inve
stors
, analy
sts
and c
redit
rating a
gencie
s to
evalu
ate
and c
om
pare
the p
eriodic
and futu
re o
pera
ting p
erf
orm
ance
and v
alu
e o
f co
mpanie
s w
ithin
the tele
com
munic
ations
indust
ry.
5©
2008 S
print N
exte
l. A
ll rights
rese
rved.
Net Income
EPS
Net Income
EPS
(millions)
(millions)
Reported - Continuing Operations
($29,452)
($10.36)
$261
$0.09
Special Items
$43
$0.02
$21
$0.00
Goodwill Impairment
$29,571
$10.40
$0
$0.00
Amortization
$430
$0.15
$560
$0.20
Adjusted
$592
$0.21
$842
$0.29
4Q-07
4Q-06
Norm
aliz
ing E
PS
©2008 S
print N
exte
l. A
ll rights
rese
rved.
Bill
Are
nd
t A
cting C
hie
f F
inancia
l O
ffic
er
&
Contr
olle
r
7©
2008 S
print N
exte
l. A
ll rights
rese
rved.
Wirele
ss S
ubscriber
Tre
nds
•L
ow
er
Q4
gro
ss a
dds d
ue
to
–C
om
pe
titive
ma
rke
t co
nditio
ns
–E
asin
g o
f Q
4 s
ea
so
na
l tr
en
ds
–D
eclin
e in
su
b-p
rim
e
4Q
06
4Q
07
Po
stp
aid
Su
bs
cri
be
rs
Pre
pa
id S
ub
sc
rib
ers
42%
58%
33%
67%
iDE
N
CD
MA
(incl. P
ow
erS
ourc
e)
41.8
M40.8
M
4Q
06
4Q
07
100%
11%
89%
Unlim
ited
Tra
ditio
nal
4.0
M
4.6
M
•B
oo
st
Un
limite
d e
xp
an
sio
n
•T
rad
itio
na
l pre
pa
id c
ha
llen
ge
d
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rved.
Revenue P
erf
orm
ance (b
illio
ns)
Wir
ele
ss E
qu
ipm
en
t
Wir
eli
ne
Q4-0
6Q
3-0
7Q
4-0
7
Wir
ele
ss S
erv
ice
Q4-0
6Q
3-0
7Q
4-0
7
Q4-0
6Q
3-0
7Q
4-0
7
Q4-0
6Q
3-0
7Q
4-0
7
$8.2
1
$8.0
4
$7.8
2
$0.6
6$0.6
8
$0.7
9
To
tal R
even
ues
$1.6
3
$1.6
1$1.6
2$10.4
4
$10.0
4
$9.8
5
9©
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De
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AR
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RC
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nfa
vo
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ix o
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activa
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s. a
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ily p
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mix
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N u
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ason
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rds,
text m
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dle
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C
Overa
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Oth
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~80%
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~20%
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$2
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Ch
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& A
RP
U
Cu
sto
mer
care
, b
ad
d
eb
t &
oth
er
exp
en
ses
Lo
wer
acq
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itio
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& c
overa
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•E
xpanded E
VD
O r
ev A
to ~
220M
PO
Ps
•C
ontinued iD
EN
qualit
y fo
cus
•S
upport
ing M
PL
S a
nd C
able
VO
IP g
row
th
•In
itia
l X
ohm
constr
uction
Note
: ca
pita
l sp
endin
g f
igure
s do n
ot in
clu
de the n
on-n
etw
ork
port
ion o
f re
-bandin
g e
xpenditure
s.
Ca
pit
al
Sp
en
din
g o
f $6
.5B
in
20
07
•A
nticip
ate
lo
wer
core
capital spendin
g in 2
008
•$2.5
B d
raw
n f
rom
revolv
ing c
redit facili
ty
•C
om
mon d
ivid
end s
uspended
Gre
ate
r F
inan
cia
l F
lex
ibilit
y
Q1-0
7Q
2-0
7Q
3-0
7Q
4-0
7
$1.6
$1.7
$1.2
$2.0
©2008 S
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ction
•R
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ucin
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mp
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es, contr
acto
rs &
un
der-
pe
rform
ing
dis
trib
utio
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•U
nifie
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ulture
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usto
me
r exp
eri
ence, urg
ency
an
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ccou
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bili
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hip
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Str
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ech
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•S
pectr
um
•54 M
illio
n C
usto
mers
•N
etw
ork
s--
CD
MA
--IP
/MP
LS
backbo
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--iD
EN
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irect C
onn
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oth
iD
EN
an
d C
DM
A
•N
ew
Moto
rola
iD
EN
ha
ndsets
•W
orld
’s fir
st iD
EN
/WiF
i B
lackb
err
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etw
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orm
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•Job #
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etr
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•La
g b
etw
een im
pro
ve
me
nts
and m
ark
et
perc
eptio
n
•S
tiff h
ead
win
ds in 2
00
8
•A
nticip
ate
net p
ost paid
su
bscrib
er
loss o
f 1.2
M in Q
1
•A
dju
ste
d O
IBD
A d
eclin
e in Q
1 to $
1.8
-$1.9
B
17
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irect C
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ate
”, for
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p, e
mail,
text, n
avig
ation
an
d v
oic
e.
•$9
9.9
9 S
imp
ly E
ve
ryth
ing
•C
DM
A a
nd iD
EN
sim
plic
ity
•F
am
ily a
nd p
acka
ge
d d
eals
•E
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onte
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ealth o
f sp
ectr
um
assets
•X
oh
m th
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ear
4G
he
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tart
•$9
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imp
ly E
ve
ryth
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nd
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m p
ositio
n S
pri
nt to
be th
e
carr
ier
tha
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ads w
irele
ss t
o r
each its
full
pote
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ren
dt,
Contr
olle
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Acting C
hie
f F
ina
ncia
l O
ffic
er
•P
aget A
lves, A
cting
Pre
sid
ent
of S
ale
s &
Dis
trib
ution
•Joh
n G
arc
ia, A
cting C
hie
f M
ark
etin
g O
ffic
er
•B
ob J
ohn
son, C
hie
f S
erv
ice O
ffic
er
•K
ath
y W
alk
er,
Ch
ief
Netw
ork
Offic
er
•K
urt
Faw
kes, V
ice P
resid
ent o
f In
vesto
r R
ela
tio
ns
21
©2008 S
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ll rights
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Non-G
AA
P R
econcili
ations
September 30,
September 30,
December 31,
December 31,
December 31,
December 31,
2007
2006
2007
2006
2007
2006
Operating (Loss) Income
398
$
719
$
(29,625)
$
569
$
(28,910)
$
2,484
$
Special items before taxes
Merger and integration expense (2)
135
107
119
117
516
413
Severance, exit costs and asset im
pairments (3)
125
50
56
79
440
207
Goodwill im
pairment (4)
-
-
29,729
-
29,729
-
Contingencies and other (7)
-
1
(44)
5
2
4
Adjusted Operating Income*
658
877
235
770
1,777
3,108
Depreciation and amortization
2,222
2,488
2,220
2,404
9,023
9,592
Adjusted OIBDA*
2,880
3,365
2,455
3,174
10,800
12,700
Capital expenditures (8)
1,176
1,843
2,009
2,612
6,458
7,057
Adjusted OIBDA* less Capex
1,704
$
1,522
$
446
$
562
$
4,342
$
5,643
$
Operating Income Margin (b)
4.2%
7.4%
-322.8%
5.9%
-76.9%
6.6%
Adjusted OIBDA Margin* (c)
30.7%
34.9%
26.8%
33.0%
28.8%
33.6%
(2), (3), (4), (7), (8) See accompanying Notes to Financial Data.
(b) Operating Income Margin excludes equipment revenue.
Quarter Ended
Quarter Ended
Year To Date
(c) Adjusted OIBDA Margin excludes equipment revenue, revenue generated by the non-core line of business that has been norm
alized out of Adjusted OIBDA and certain other
non-recurring revenue adjustm
ents.
22
©2008 S
print N
exte
l. A
ll rights
rese
rved.
Non-G
AA
P R
econcili
ations
RECONCILIATIONS OF EARNINGS PER SHARE (Unaudited)
(Millions, except per share data)
December 31,
December 31,
September 30,
September 30,
December 31,
December 31,
2007
2006
2007
2006
2007
2006
(Loss) Income Available to Common Shareholders
(29,452)
$
261
$
64
$
279
$
(29,580)
$
1,327
$
Preferred stock dividends paid
-
-
-
-
-
2
Net (Loss) Income
(29,452)
261
64
279
(29,580)
1,329
Discontinued operations, net
-
-
-
-
-
(334)
(Loss) Income from Continuing Operations
(29,452)
261
64
279
(29,580)
995
Special items (net of taxes) (a)
Merger and integration expense
72
71
84
66
316
252
Severance, exit costs and asset im
pairment
35
52
78
31
274
129
Goodwill im
pairment
29,571
-
-
-
29,571
-
Contingencies and other
(27)
6
-
2
10
8
Net gains on investm
ent activities and equity in earnings (5)
(37)
(92)
(4)
-
(52)
(132)
Tax audit settlement
-
(16)
(19)
(42)
(19)
(58)
Gain on early retirement of debt
-
-
(3)
(4)
(5)
(9)
Adjusted Net Income*
162
$
282
$
200
$
332
$
515
$
1,185
$
Amortization (net of taxes)
430
560
472
619
2,000
2,320
Adjusted Net Income before Amortization*
592
$
842
$
672
$
951
$
2,515
$
3,505
$
Diluted (Loss) Earnings Per Common Share
(10.36)
0.09
0.02
0.09
(10.31)
0.45
Discontinued operations
-
-
-
-
-
(0.11)
Diluted (Loss) Earnings Per Common Share from
Continuing Operations
(10.36)
0.09
0.02
0.09
(10.31)
0.34
Special items (net of taxes) (a)
10.42
-
0.05
0.02
10.49
0.06
Adjusted Earnings Per Share*
0.06
$
0.09
$
0.07
$
0.11
$
0.18
$
0.40
$
Amortization (net of taxes)
(b)
0.15
0.20
0.16
0.21
0.70
0.78
Adjusted Earnings Per Share before Amortization* (b)
0.21
$
0.29
$
0.23
$
0.32
$
0.88
$
1.18
$
(a) See accompanying Notes to Financial Data.
(b) Rounding differences are recorded to the Amortization (net of taxes) line.
(5) See accompanying Notes to Financial Data.
Quarter Ended
Year To Date
Quarter Ended
23
©2008 S
print N
exte
l. A
ll rights
rese
rved.
Non-G
AA
P R
econcili
ations -
Wirele
ss
September 30,
September 30,
December 31,
December 31,
December 31,
December 31,
2007
2006
2007
2006
2007
2006
Operating (Loss) Income
319
$
708
$
(29,674)
$
488
$
(29,038)
$
2,222
$
Special items before taxes
Merger and integration expense (2)
76
42
87
86
344
191
Severance, exit costs and asset im
pairments (3)
119
41
41
73
386
175
Goodwill im
pairment (4)
-
-
29,729
-
29,729
-
Contingencies and other (7)
-
1
(15)
5
8
4
Adjusted Operating Income*
514
792
168
652
1,429
2,592
Depreciation and amortization
2,089
2,364
2,077
2,257
8,485
9,086
Adjusted OIBDA*
2,603
3,156
2,245
2,909
9,914
11,678
Capital expenditures (8)
813
1,473
1,404
2,238
4,991
5,846
Adjusted OIBDA* less Capex
1,790
$
1,683
$
841
$
671
$
4,923
$
5,832
$
Operating Income Margin (b)
4.0%
8.6%
-379.2%
5.9%
-90.4%
7.0%
Adjusted OIBDA Margin* (c)
32.4%
38.4%
28.7%
35.5%
30.9%
36.6%
(2), (3), (4), (7), (8) See accompanying Notes to Financial Data.
(b) Operating Income Margin excludes equipment revenue.
(c) Adjusted OIBDA M
argin excludes equipment revenue, revenue generated by the non-core line of business that has been norm
alized out of Adjusted OIBDA and
certain other non-recurring revenue adjustm
ents.
Quarter Ended
Quarter Ended
Year To Date
24
©2008 S
print N
exte
l. A
ll rights
rese
rved.
Non-G
AA
P R
econcili
ations -
Wirelin
e
September 30,
September 30,
December 31,
December 31,
December 31,
December 31,
2007
2006
2007
2006
2007
2006
Operating Income
155
$
77
$
194
$
111
$
498
$
454
$
Special items before taxes
Severance, exit costs and asset im
pairments (3)
3
9
13
5
48
31
Contingencies and other (7)
-
-
(29)
-
(6)
-
Adjusted Operating Income*
158
86
178
116
540
485
Depreciation and amortization
132
124
142
147
534
506
Adjusted OIBDA*
290
210
320
263
1,074
991
Capital expenditures (8)
138
255
205
274
632
821
Adjusted OIBDA* less Capex
152
$
(45)
$
115
$
(11)
$
442
$
170
$
Operating Income Margin
9.6%
4.7%
12.0%
6.8%
7.7%
6.9%
Adjusted OIBDA Margin*
18.0%
12.9%
19.8%
16.1%
16.6%
15.1%
(3), (7), (8) See accompanying Notes to Financial Data.
Quarter Ended
Quarter Ended
Year To Date
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