This document provides a summary of Sprint Nextel Corporation's non-GAAP wireless statements of operations and statistics for the quarter ended September 30, 2007 and year-to-date. It shows operating revenues, expenses, operating income, and other financial metrics. It also includes reconciliations between GAAP and non-GAAP measures such as adjusted operating income and adjusted OIBDA. Key notes further explain special items and non-recurring expenses such as merger and integration costs.
Axel Wolpert: E-Learning - Was geht heute? Ein Überblicklernet
Die verschiedenen Formen des digitalen Lernens. Gehalten von Axel Wolpert (D-ELAN) im Rahmen der LERNET 2.0-Roadshow am 12.02.2009 in Saarbrücken.
Mehr zur E-Learning Roadshow und zu E-Learning und Wissensmanagement für den Mittelstand unter: http://www.lernetblog.de
Axel Wolpert: E-Learning - Was geht heute? Ein Überblicklernet
Die verschiedenen Formen des digitalen Lernens. Gehalten von Axel Wolpert (D-ELAN) im Rahmen der LERNET 2.0-Roadshow am 12.02.2009 in Saarbrücken.
Mehr zur E-Learning Roadshow und zu E-Learning und Wissensmanagement für den Mittelstand unter: http://www.lernetblog.de
how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
NO1 Uk Rohani Baba In Karachi Bangali Baba Karachi Online Amil Baba WorldWide...Amil baba
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Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
Conforming Wireless P&L for 12 Months Ending 9/30/07
1. Sprint Nextel Corporation
(a) (1)
NON-GAAP WIRELESS STATEMENTS OF OPERATIONS AND STATISTICS (Unaudited)
(millions)
TABLE No. 6
Quarter Ended Year To Date
September 30, June 30, March 31, December 31, September 30, September 30, September 30,
2007 2007 2007 2006 2006 2007 2006
Net Operating Revenues
Service $ 7,778 $ 7,898 $ 7,815 $ 7,959 $ 8,017 $ 23,491 $ 23,100
Equipment 662 612 645 794 836 1,919 2,378
Wholesale, affiliate and other 258 276 259 248 214 793 622
Total Net Operating Revenues 8,698 8,786 8,719 9,001 9,067 26,203 26,100
Operating Expenses
Costs of services 2,166 2,144 2,110 2,120 2,085 6,420 5,938
Costs of products 1,195 1,257 1,381 1,275 1,227 3,833 3,652
(2)
Selling, general and administrative 2,734 2,714 2,833 2,697 2,599 8,281 7,741
Merger & integration 76 122 59 86 42 257 105
(3)
Severance, exit costs and asset impairments 119 85 141 73 41 345 102
Contingencies and other - 5 18 5 1 23 (1)
Depreciation 1,308 1,272 1,229 1,327 1,336 3,809 3,905
Amortization 781 905 913 930 1,028 2,599 2,924
Total operating expenses 8,379 8,504 8,684 8,513 8,359 25,567 24,366
Operating Income $ 319 $ 282 $ 35 $ 488 $ 708 $ 636 $ 1,734
NON GAAP RECONCILIATION Quarter Ended Year To Date
September 30, June 30, March 31, December 31, September 30, September 30, September 30,
2007 2007 2007 2006 2006 2007 2006
Operating Income $ 319 $ 282 $ 35 $ 488 $ 708 $ 636 $ 1,734
Special items before taxes
Merger and integration expense (2) 76 122 59 86 42 257 105
(3)
Severance, exit costs and asset impairments 119 85 141 73 41 345 102
Contingencies and other (5) - 5 18 5 1 23 (1)
Adjusted Operating Income 514 494 253 652 792 1,261 1,940
Depreciation and amortization 2,089 2,177 2,142 2,257 2,364 6,408 6,829
Adjusted OIBDA* 2,603 2,671 2,395 2,909 3,156 7,669 8,769
Capital expenditures (b) 813 1,371 1,403 2,238 1,473 3,587 3,608
Adjusted OIBDA* less Capex $ 1,790 $ 1,300 $ 992 $ 671 $ 1,683 $ 4,082 $ 5,161
Operating Income Margin (c) 4.0% 3.5% 0.4% 6.0% 8.6% 2.6% 7.3%
Adjusted OIBDA Margin* (c) 32.4% 32.7% 29.7% 35.5% 38.4% 31.6% 37.0%
Certain prior period amounts have been reclassified to conform to the current period presentation. Service revenues and adjusted OIBDA are un-changed as a result of
these conforming entries.
(a)
Results for each of the periods reflected include the results of each of the acquired PCS Affiliates, Nextel Partners and Velocita from either the date of the acquisition
or the start of the month closest to the acquisition date.
(b)
Capital expenditures includes capex accruals
(c)
Operating Income Margin and Adjusted OIBDA Margin excludes equipment revenue and revenue generated by the non-core line of business that has been normalized
out of Adjusted OIBDA.
(d)
Reflects the transfer of 170,000 subscribers from Affiliates to Post-Paid due to the acquisition of an Affiliate in the quarter ended September 30, 2007.
(1), (2), (3), (4), (5)
See accompanying Notes to Financial Data.
1
2. Sprint Nextel Corporation
NOTES TO FINANCIAL DATA (Unaudited)
Certain prior period amounts have been reclassified to conform to current period presentation.
(1)
In the third quarter and for the nine months ended September 30, 2007, we recorded merger and
(2)
integration costs of $135 million pre-tax ($84 million, net of tax) and $397 million pre-tax ($244
million, net of tax), respectively. In the third quarter and for the nine months ended September 30,
2006, we recorded merger and integration costs of $107 million pre-tax ($66 million, net of tax) and
$296 million pre-tax ($181 million, net of tax), respectively.
All merger costs were related to the Sprint-Nextel merger and/or the PCS Affiliates and Nextel
Partners’ acquisitions. Merger and integration costs are generally non-recurring in nature and
primarily include costs to prepare systems for the launch of common customer interfacing systems,
processes and other integration and planning activities, certain costs to provide wireless devices that
operate seamlessly between the CDMA and iDEN networks, certain customer care costs, costs to
retain employees, costs related to re-branding, and other costs. Merger and integration costs related
to wireless devices that operate seamlessly between the CDMA and iDEN networks were $36 million
for the third quarter 2007 and $113 million for the nine months ended September 30, 2007.
Merger and integration expenses which are solely and directly attributable to the Wireless segment
have been allocated to that segment. These expenses are classified as selling, general and
administrative, cost of products, or equipment revenues as appropriate on our consolidated statement
of operations. Merger and integration expenses that are not solely and directly attributable to the
Wireless segment are included in the Corporate segment and are classified as selling, general and
administrative expenses on our consolidated statement of operations. In the second quarter of 2007,
we reclassified certain historical merger and integration expenses from the Corporate segment to the
Wireless segment to conform with the policies described above.
In the third quarter ended September 30, 2007, we recorded severance, exit costs and asset
(3)
impairment charges of $125 million pre-tax ($78 million, net of tax), which consists of $57 million
($35 million, net of tax) work force reductions, lease termination charges, and $68 million ($43
million, net of tax) of asset impairments due to the abandonment of various assets during the period.
For the nine months ended September 30, 2007, we recorded severance, exit costs and asset
impairment charges of $384 million pre-tax ($239 million, net of tax), which consists of $266 million
related to work force reductions and lease termination charges, and $118 million of asset
impairments primarily related to the abandonment of various assets year to date. Severance, lease
exit costs and asset impairment charges are allocated to the appropriate segment results.
In the third quarter ended September 30, 2006, we recorded severance, exit costs and asset
impairment charges of $50 million pre-tax ($31 million, net of tax), which consists of $31 million in
severance and related costs associated with work force reductions of legacy Sprint employees and
$19 million of asset impairments primarily related to software asset impairment and abandonment.
For the nine months ended September 30, 2006, we recorded severance, exit costs and asset
impairment charges of $128 million pre-tax ($77 million, net of tax), which consists of about $67
million in severance and related costs associated with work force reductions of legacy Sprint
employees and $61 million of asset impairments primarily related to software asset impairment and
abandonment. Severance, exit costs and asset impairment charges are allocated to the appropriate
t lt
In May 2006, we entered into a separation and distribution agreement with Embarq Corporation,
(4)
which consists primarily of the business that we had reported as the Local segment in our
consolidated financial statements in prior periods, and, at the time, was a wholly owned subsidiary,
and on May 17, 2006, we completed the spin off of Embarq. The results of the discontinued
operations (net of tax), have been reclassified out of the operating results as of January 1, 2006.
Contingencies and other includes a charge associated with legal contingencies and net costs
(5)
associated with the exit of a non-core line of business.
3. *FINANCIAL MEASURES
Sprint Nextel provides financial measures generated using generally accepted accounting principles (GAAP) and
using adjustments to GAAP (non-GAAP). The non-GAAP financial measures reflect industry conventions, or
standard measures of liquidity, profitability or performance commonly used by the investment community for
comparability purposes. These non-GAAP measures are not measurements under accounting principles
generally accepted in the United States. These measurements should be considered in addition to, but not as a
substitute for, the information contained in our financial statements prepared in accordance with GAAP. We
have defined below each of the non-GAAP measures we use, but these measures may not be synonymous to
similar measurement terms used by other companies.
Sprint Nextel provides reconciliations of these non-GAAP measures in its financial reporting. Because Sprint
Nextel does not predict special items that might occur in the future, and our forecasts are developed at a level
of detail different than that used to prepare GAAP-based financial measures, Sprint Nextel does not provide
reconciliations to GAAP of its forward-looking financial measures.
The measures used in this release include the following:
Adjusted Earnings (Loss) per Share (EPS) is defined as income from continuing operations, before special
items, net of tax and the diluted EPS calculated thereon. Adjusted EPS before Amortization is defined as
income (loss) from continuing operations before special items and amortization, net of tax, and the diluted EPS
calculated thereon. These non-GAAP measures should be used in addition to, but not as a substitute for, the
analysis provided in the statement of operations. We believe that these measures are useful because they
allow investors to evaluate our performance for different periods on a more comparable basis by excluding
items that relate to acquired amortizable intangible assets and not to the ongoing operations of our businesses.
Adjusted Net Income (Loss) is defined as income (loss) from continuing operations before special items, net
of tax. Adjusted Net Income before Amortization is defined as income (loss) from continuing operations
before special items and amortization, net of tax. These non-GAAP measures should be used in addition to,
but not as a substitute for, the analysis provided in the statement of operations. We believe that these
measures are useful because they allow investors to evaluate our performance for different periods on a more
comparable basis by excluding items that do not relate to the ongoing operations of our businesses.
Adjusted Operating Income (Loss) is defined as operating income (loss) before special items. This non-
GAAP measure should be used in addition to, but not as a substitute for, the analysis provided in the statement
of operations. We believe this measure is useful because it allows investors to evaluate our operating results
for different periods on a more comparable basis by excluding special items.
Adjusted OIBDA is defined as operating income before depreciation, amortization, severance, exit costs and
asset impairments, and special items. Adjusted OIBDA Margin represents Adjusted OIBDA divided by non-
equipment net operating revenues for Wireless and Adjusted OIBDA divided by net operating revenues for Long
Distance. These non-GAAP measures should be used in addition to, but not as a substitute for, the analysis
provided in the statement of operations. We believe that Adjusted OIBDA and Adjusted OIBDA Margin provide
useful information to investors because they are an indicator of the strength and performance of our ongoing
business operations, including our ability to fund discretionary spending such as capital expenditures, spectrum
acquisitions and other investments and our ability to incur and service debt.
While depreciation and amortization are considered operating costs under generally accepted accounting
principles, these expenses primarily represent non-cash current period allocation of costs associated with long-
lived assets acquired or constructed in prior periods. Adjusted OIBDA and Adjusted OIBDA Margin are
calculations commonly used as a basis for investors, analysts and credit rating agencies to evaluate and
compare the periodic and future operating performance and value of companies within the telecommunications
industry.
Free Cash Flow is defined as the change in cash and cash equivalents less the change in debt, investment in
certain securities, proceeds from common stock and other financing activities, net, from continuing operations.
This non-GAAP measure should be used in addition to, but not as a substitute for, the analysis provided in the
statement of cash flows. We believe that Free Cash Flow provides useful information to investors, analysts and
our management about the cash generated by our core operations after interest and dividends and our ability
to fund scheduled debt maturities and other financing activities, including discretionary refinancing and
retirement of debt and purchase or sale of investments.
Net Debt is consolidated debt, including current maturities, less cash and cash equivalents, current
marketable securities and restricted cash. This non-GAAP measure should be used in addition to, but not as a
substitute for, the analysis provided in the balance sheet and statement of cash flows. We believe that Net
Debt provides useful information to investors, analysts and credit rating agencies about the capacity of the
company to reduce the debt load and improve its capital structure.