Metro PCS 2008 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 financial condition and 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, outcomes of litigation 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 of these
factors are beyond our control and 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:
xthe highly competitive nature of our industry;
xthe rapid technological changes in our industry;
xan economic slowdown or recession in the United States;
xthe state of the capital markets and the United States economy;
xour exposure to counterparty risk in our financial agreements;
xour ability to maintain adequate customer care and manage our churn rate;
xour ability to sustain the growth rates we have experienced to date;
xour ability to manage our rapid growth, train additional personnel and improve our financial and
disclosure controls and procedures;
xour ability to secure the necessary spectrum and network infrastructure equipment;
xour ability to adequately enforce or protect our intellectual property rights or defend against suits
filed by others;
xgovernmental regulation of our services and the costs of compliance and our failure to comply
with such regulations;
xour capital structure, including our indebtedness amounts;
xchanges in consumer preferences or demand for our products;