Sprint Nextel Corporation Q3 2009 Earnings Call Transcript

Oct. 29, 2009 1:36 PM ETSprint Corporation (S)
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Sprint Nextel Corporation (S) Q3 2009 Earnings Call October 29, 2009 8:00 AM ET


Yijing Brentano - Investor Relations

Daniel R. Hesse - President and Chief Executive Officer

Robert H. Brust - Chief Financial Officer


Mike McCormack – JP Morgan

John Hodulik - UBS

Jason Armstrong - Goldman Sachs

Phil Cusick - MacQuarrie Research Equities

David Barden - Banc of America

Michael Rollins - Citigroup

Rick Prentiss - Raymond James

Timothy Horan - Oppenheimer & Co.

David Dixon - Friedman Billings Ramsey

Jonathan Chaplin - Credit Suisse


At this time I would like to welcome everyone to the Sprint third quarter earnings conference call. (Operator Instructions) I would now like to turn today's call over to Yijing Brentano.

Yijing Brentano

Good morning and welcome to Sprint Nextel’s third quarter earnings call. Thanks for joining us this morning. For the format of the call, Dan Hesse, our CEO, will discuss operational performance in the quarter, and then our CFO, Bob Brust, will cover the financial aspects of the quarter.

Before we get underway, let me remind you that our release and the presentation slides that accompany this call are both available on the Investor Relations page of the Sprint Web site. Slide 2 is our cautionary statement. I want to point out that in our remarks this morning we will be discussing forward-looking information, which involves a number of risks and uncertainties that may cause actual results to differ materially from our forward-looking statements. We provide a comprehensive list of risk factors in our SEC filings, which I encourage you to review, including our Form 10-Q for the second quarter of 2009 and when filed, our Form 10-Q for the third quarter of 2009.

Turning to Slide 3, throughout our call we will refer to several non-GAAP metrics. Reconciliation of

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