Metro PCS 2007 Annual Report Download - page 5
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service to be available to 15 million POPs by the end of the third quarter 2008. An
important takeaway from this build-out is the benefit we saw in using Distributed
Antenna Systems (DAS) as a key design element. As we build-out additional markets
in the Northeast, possessing even greater challenges, DAS affords us the ability to
potentially increase our speed to market and provide a denser network at launch to
help fuel our future growth.
As an extension to our launch of service in the Los Angeles metropolitan area, we
launched service in Las Vegas at the end of the first quarter of 2008 serving an
estimated million and a half consumers. Las Vegas is the first commercially launched
AWS market in the country by any carrier. We are excited about this launch and
believe that coverage in Las Vegas will result in continued subscriber growth, as well
as further increase the overall value of our service offerings to new and existing
subscribers.
With service launches commencing in our key Northeast markets, we will add a new
dimension to our future growth potential. We anticipate that by mid-2009 we will offer
service in 9 of the top 12 markets in the U.S. including Philadelphia, Boston and New
York City. When fully built, the addition of service within these metropolitan areas in
the Northeast, will add approximately 60% to our current covered population footprint.
Since we are only as good as our network, we understand that each of these phased
market launches requires a significant amount of planning, engineering and
construction. Utilizing our previous experiences in the launch of other major markets,
we are confident in our ability to build-out, launch and grow our subscriber base within
all of these markets.
In closing, MetroPCS is an innovative and disciplined company, possessing both the
entrepreneurial spirit and operational focus necessary to deliver the results that truly
matter. We believe the key to building long-term value for our stockholders is to
deliver consistent results and provide our customers the best value for their dollar. We
are proud of the many accomplishments we have made at MetroPCS since its
inception. We are the leader in providing unlimited service and are changing the way
wireless services are provided. We look forward to continuing the growth of our
company as well as the launch of service in additional major metropolitan markets in
2008 and 2009. Unlimit Yourself.
Sincerely,
Roger D. Linquist
Chairman, President and Chief Executive Officer