Metro PCS 2010 Annual Report Download - page 13

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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, opinions 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 our
expectations of customer growth, the effect of seasonality on our business, the difficulty of obtaining financing,
selling additional equity in debt securities, or to refinancing existing indebtedness in the future if and when we need
it, the impact of the adverse economic and financial conditions, whether existing cash, cash equivalents and short
term investments and anticipated cash flows from operations will be sufficient to fully fund planned operations, our
belief that increased services areas and capacity will improve our service offerings, help us to attract additional
customers, retain existing customer, and increase revenues, the challenges and opportunities facing our business, our
competitive differentiators, our strategy and business plans, customer expectations, competitive responses in an
evolving market, the benefits of migrating to 4G LTE data and CDMA voice, performance and efficiencies of 4G
LTE, the growth and expansion of 4G LTE by the industry and our customers, the availability of spectrum, our
expectations regarding the growth in demand for network capacity, our projections of capital expenditures for 2011,
the effect of inflation on our operations, the effect of changes in aggregate fair value of financial assets and
liabilities, whether litigation may have a material adverse effect on our business, financial condition or operations,
and other statements that may relate to our plans, objectives, beliefs, strategies, goals, future events, future revenues
or performance, capital expenditures, financing needs, outcomes of litigation and other information that is not
historical information. These forward-looking statements often include words such as “anticipate,” “expect,”
“suggests,” “plan,” “believe,” “intend,” “estimates,” “targets,” “views,” “projects,” “should,” “would,” “could,”
“may,” “will,” “forecast,” and other similar expressions. Forward-looking statements are contained throughout this
annual report, including in the “Business,” “Regulation,” “Risk Factors,” and the “Management’s Discussion and
Analysis of Financial Condition and Results of Operations” sections of this report.
We base the forward-looking statements or projections made in this report on our current expectations, plans,
beliefs, opinions and assumptions that have been 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 are not guarantees of future performance or results and no
assurances can be given that such statements or results will be obtained. Although we believe that these forward-
looking statements are based on reasonable expectations, beliefs, opinions and 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. Factors that may materially affect such forward-looking
statements include, but are not limited, to:
xthe highly competitive nature of our industry;
xour ability to maintain our cost structure;
xour and our competitors’ current and planned promotions, marketing and sales initiatives and our ability to
respond and support them;
xour ability to negotiate and maintain acceptable agreements with our suppliers and vendors, including
roaming arrangements;
xthe seasonality of our business and any failure to have strong customer growth in the first and fourth
quarters;
xincreases or changes in taxes and regulatory fees;
xthe rapid technological changes in our industry and the ability of our suppliers to develop and provide us
with technological developments we need to remain competitive;