Metro PCS 2007 Annual Report Download - page 12

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CAUTIONARY STATEMENT
REGARDING FORWARD-LOOKING STATEMENTS
Any statements made in this annual report that are not statements of historical fact, including statements about
our beliefs and expectations, are “forward-looking statements” within the meaning of Section 27A of the Securities
Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as
amended, or the Exchange Act, and should be evaluated as such. Forward-looking statements include information
concerning any possible or assumed future results of operations, including statements that may relate to our plans,
objectives, strategies, goals, future events, future revenues or performance, future penetration rates, planned market
launches, capital expenditures, financing needs and other information that is not historical information. Forward-
looking statements often include words such as “anticipate,” “expect,” “suggests,” “plan,” “believe,” “intend,”
“estimates,” “targets,” “projects,” “would,” “could,” “should,” “may,” “will,” “continue,” “forecast,” and other
similar expressions. Forward-looking statements are contained throughout this annual report, including the
“Business,” “Regulation,” “Risk Factors,” and “Management’ s Discussion and Analysis of Financial Condition and
Results of Operations.”
We base the forward-looking statements or projections made in this report on our current expectations, plans and
assumptions that we have made in light of our experience in the industry, as well as our perceptions of historical
trends, current conditions, expected future developments and other factors we believe are appropriate under the
circumstances and at such times. As you read and consider this annual report, you should understand that these
forward-looking statements or projections are not guarantees of future performance or results. Although we believe
that these forward-looking statements and projections are based on reasonable assumptions at the time they are
made, you should be aware that many factors could affect our actual financial results, performance or results of
operations and could cause actual results to differ materially from those expressed in the forward-looking statements
and projections. Factors that may materially affect such forward-looking statements and projections include:
• the highly competitive nature of our industry;
• the rapid technological changes in our industry;
• an economic slowdown or recession in the United States;
• our ability to maintain adequate customer care and manage our churn rate;
• our ability to sustain the growth rates we have experienced to date;
• our ability to construct and launch future markets within projected time frames;
• our ability to manage our rapid growth, train additional personnel and improve our financial and disclosure
controls and procedures;
• our ability to secure the necessary spectrum and network infrastructure equipment;
• our ability to clear the Auction 66 spectrum of incumbent licensees;
• our ability to adequately enforce or protect our intellectual property rights;
• governmental regulation of our services and the costs of compliance and our failure to comply with such
regulations;
• our capital structure, including our indebtedness amounts;
• changes in consumer preferences or demand for our products;
• our inability to attract and retain key members of management; and
• other factors described in this annual report under “Risk Factors.”