Sprint - Nextel 2015 Annual Report Download - page 65

Table of Contents
These statements reflect management's judgments based on currently available information and involve a number of risks and uncertainties that could
cause actual results to differ materially from those in the forward-looking statements. With respect to these forward-looking statements, management has made
assumptions regarding, among other things, subscriber and network usage, subscriber growth and retention, technologies, products and services, pricing, operating
costs, the timing of various events, and the economic and regulatory environment.
Future performance cannot be assured. Actual results may differ materially from those in the forward-looking statements. Some factors that could cause
actual results to differ include:
• our ability to obtain additional financing, including monetizing certain of our assets, including a portion of our network or spectrum holdings, or
to modify the terms of our existing financing, on terms acceptable to us, or at all;
• our ability to continue to receive the expected benefits of the Handset Sale-Leasebacks, including any additional future tranches;
• our ability to retain and attract subscribers and to manage credit risks associated with our subscribers;
• the ability of our competitors to offer products and services at lower prices due to lower cost structures or otherwise;
• the effective implementation of our plans to improve the quality of our network, including timing, execution, technologies, costs, and
performance of our network;
• failure to improve subscriber churn, bad debt expense, accelerated cash use, costs and write-offs, including with respect to changes in expected
residual values related to any of our service plans, including installment billing and leasing programs;
• the ability to generate sufficient cash flow to fully implement our plans to improve and enhance the quality of our network and service plans,
improve our operating margins, implement our business strategies, and provide competitive new technologies;
• the effects of vigorous competition on a highly penetrated market, including the impact of competition on the prices we are able to charge
subscribers for services and devices we provide and on the geographic areas served by our network;
• the impact of installment billing and leasing handsets; the impact of increased purchase commitments; the overall demand for our service plans,
including the impact of decisions of new or existing subscribers between our service offerings; and the impact of new, emerging, and competing
technologies on our business;
• our ability to provide the desired mix of integrated services to our subscribers;
• our ability to continue to access our spectrum and acquire additional spectrum capacity;
• changes in available technology and the effects of such changes, including product substitutions and deployment costs and performance;
• volatility in the trading price of our common stock, current economic conditions, and our ability to access capital, including debt or equity;
• the impact of various parties not meeting our business requirements, including a significant adverse change in the ability or willingness of such
parties to provide service and products, including distribution, or infrastructure equipment for our network;
• the costs and business risks associated with providing new services and entering new geographic markets;
• the effects of any future merger or acquisition involving us, as well as the effect of mergers, acquisitions, and consolidations, and new entrants in
the communications industry, and unexpected announcements or developments from others in our industry;
• our ability to comply with restrictions imposed by the U.S. Government as a condition to our merger with SoftBank;
•the effects of any material impairment of our goodwill or other indefinite-lived intangible assets;
• the impacts of new accounting standards or changes to existing standards that the FASB or other regulatory agencies issue, including the
Securities and Exchange Commission;
• unexpected results of litigation filed against us or our suppliers or vendors;
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