2. ! quot;$ %
# & '$ # ! $
( &) ! # !) $
# & !) ! # ! (%
(!& )$ ! #! ) #$ % & $ * )*
* +!) ' ! ) *
*# ' )*
* !) *
*( )*
* )quot;
* !' #
#$ % & ,$ % & +! #! -+ (
! ( # ( #& ! ! ! ! #
# #
( #$ % & . ! #$ % & )
) )! $& )! $ )!) ! )
# ! ! , # !! ( ! #
#
# #$ % & #! ! ! ! #
# ! /
0 #! #
# ! )! !# ! !$ ( ! ! # !$
( ! $! ! 1 # !# # )!
!#! # $ (! ( ($ % ! ## ($ $ $&
# 1 ! # $) ! ! ( 1
0 !# $ & ( ! ! $ !
#! $ ! # ! 1
0 ! # #!# $ ! ! ! $ # % ( )
# ( # 2 )!
3 2 ## $ !4 )! &
#!
# ! 5 # ! ( #$ ! ! #
## & $$ ( ( ! & 1
0 ! # ( ) $ &) )
( )! 4 ! ! $ # ( ( $ $& 1
0 ! ( & ! $ $ ! $ ! & )! $ !
#$ ! ! ( ( ( $ $& $ 1
0 !# ! ## ( ! ( !1
0 #! #
# ! $ ! ! ! !
# ! ! 1
0 ! # # 1
0 ( # # 4 ( )! # !
! ) !6 (
3 $ 4 #$ ! )
$! # # 7 9) $ &
8 1
0 !# $& # !1
0 ! #! !$ ) ! 4 , ! 6
: ; 1
04 # ) ) !) (! # $& # ! ! 1
0 # & $ !$ ! ( ! (! ! #! ! !)
! #! $ !$ ! 1
0 &# !# # $ ! 8! )! , %< #
7! ( = ) >) 2 3 3 ) ) : &, !
quot; '

3. %? 2, !
# ! !! !! ! @
? 2A +
? 2@ %? 2A %? 2# ! #! ! ) #4 ) #(
# !! ( ! #! ( %? 2
!! ! !! B (!
)( ( #) # ! # ! !! !$ ? 2.
# ( $ ! # %? 2 $ )( (
( ! !! # %? 2 # ! C!
! ! !! # ) #! #
#
# ? 2%( # ! ) !! ? 2#
#$ % & # !
! # $ /
# ! # ! )#( ! ) # 8 !!
2
# ! # ! )#( ! 5 ) #) 8 !!
2
%? 2 ( ) ( ( #) # .(
# (! $ # !# ## ! (( ( !
!4 5( ( # (
! # ! @ A# ! (# ! ! #
! @ A# ! (# ! 5 ) # %? 2 ( )(
( #) # .( # (! $
# !# ## ! (( ( ! # (
quot; ! # ! (# ! %
?2 ( ) ( ( #) # .( #
(! $ # #
# ! (( ( ! !
quot;# $ # ! (# ! ) 5 ) ! ) ! quot;#$%
+ ;C37 ( %4 #. + ;C
37 ( #D 7 !
%? 2 ( )( ( #) # .( +
;C
37 + ;C
37 # # (! ! # # !# (
)! ( # ! ! ! )! !4 ( !
! (. ! 5 ! ! !! !! ! )
%! ! ! #! ! $ % !4 ! ! + ;C
37 + ;C
37
!! ! ( # ) ! ! ! ! # # !
#! $ ! !
& ' &( # ! ! ! 4 ! () ! ! )! # ! !&
#! ! )) # ! %? 2 ( )( ( #)
#! #$ . ( , ,$ # # ) ( ! (
! # ( # ! ( #! ! )! ! # !
#( ! #
$ ! () ! ! ) ! ! 4 )! &( ! !! %? 2
( )( ( #) ( ! #! #$ . ( 7(
# # ) ! ! ( !! # ! ! ( ! !
$ ) quot;# $ # ! () ! ! ) ! ! 4 )! &( !
!! # != ) + ;C #
37 #4 # (# %? 2 ( )(
( #) ##! ! #$ . ( # #
) ! ! ( !! # ! ! ( ! !
=

4. 5 82
,-/ ,-.
! !
@ A @ A
* +' quot; @
F A @
F A F >E F G
! FH F F= F
FG
G F I F >G
G F H
F=
G F I F >> F >
! ; ! ! ! ) ! ) # () 3!
8 @ 2 A#
8 $ #
E

5. ? ,
#8! ;#
#!

6. J
. $
8 ! #(
3! #!
: 2$ ! ! E <
$ !
: !
>

7. ; 2 B
3 ! !4 K
4 %
J ! !4 K !
:B
2 %
$& 87 (
L;
D ! !! C (
$ 3M 2
2D !( L 3 (
2
$

8. . 7 M. C ( D
Wireless Data Wireless Broadband
07 :B #
2 0D $ ( (
0 7 : BF
2 G $& B
0 F >C
E 5 0 8 %7
L; $!
0 ! ! 03 & ! #
0 3! 2 K8 7
7 L; . N
03
! ! ! !
quot;
B '
I

9. . B
*
0: ! ( !K ! @ A
$400
$344
$350
$284
$300
03 3M 2
2 D #
# $269
$250
$200
03 $ IO 1Q06 3Q06 1Q07
4 IO %% ' 0 !
@ A
2.0
1.8
0 5 !( 1.5
1.3
# FE 1.0
0.8
0.5
0.3
0.0
1Q06 3Q06 1Q07
H

10. 2
#, ! ;#
#!

11. , !J
,-/ ,-. 1-.
2 ! ( 3 G>
= EI H O G= O
quot; * F C F C % F EC %=O
quot;#$ F >C F HC % O FC
= % IO
F I F > %= O F H %=IO
' 4 F >C F C HO F >C %=IO

12. + ;C
37
1-. quot;#$ 5 7#
68
,- 2
/
D$ % ! :B 7
21 :B2 $
7 8 ( & 7 $
!* C K$ $
7! !. !
$ &!
2$ ! (
3!
= !
! !
84 ! % $ &
(! ( !
9
J # % !
## = C
,-/ quot;#$ 5 7#
8.

13. + ;C ;
37 &
5 7#
8.
,-/ quot;#$
,- / quot;# $ 5 7;
8: # 4 ! # quot; 3
P2 (! ( $
!* P (5 :B
2
PC $
Q3 % $
P3 ! #!
PJ # (! (
P3 7 84 17 K8 7 !
L;
PJ ! # =
Q 4 !
9 Q 3! #
P3 !
P # $&!
# !
PC K3
)'
P ! #!
# !
P ( !
quot;#$ + 8-/
=

14. ? !
#E
F FC
E
0
+ ;C
37 #F F GC
0
# F C
0
0B FI # % $ & %(
E

15. , ! !
0: FG # $ (
R2 ! ! #
# (K (
0 F HC # ( (! !
&
! ( (!&
0
7 ( # H IC
F
0
! #
0
G

16. ? ,
#8! ;#
#!

17. K
< & = #8! ;#
#!
= #, ! ;#
#!
> & (3 = ! 2
L #3 :

18. %? 2: ! !
RECONCILIATIONS OF EARNINGS PER SHARE (Unaudited)
(millions, except per share data)
Quarter Ended
March 31, March 31,
2007 2006
$ (211) $ 417
(Loss) Income Available to Common Shareholders
Preferred stock dividends paid - 2
Net (Loss) Income (211) 419
Discontinued operations, net - (255)
(Loss) Income from Continuing Operations (211) 164
(a)
Special items (net of taxes)
Severance, lease exit costs and asset impairments 109 23
Merger and integration expense 60 46
(a)
Contingencies and Other 25 -
Net gains on investment activities and equity in earnings - (32)
(Gain) on early retirement of debt (2) -
Adjusted Net (Loss) Income* $ (19) $ 201
Amortization (net of taxes) 551 565
$ 532 $ 766
Adjusted Net Income before Amortization*
$ (0.07) $ 0.14
Diluted (Loss) Earnings Per Share
Discontinued operations - (0.09)
(0.07) 0.05
(Loss) Earnings Per Share from Continuing Operations
Special items 0.07 0.02
Adjusted Earnings Per Share* 0.00 $ 0.07
(b)
Amortization (net of taxes) 0.18 0.19
(b)
Adjusted Earnings Per Share before Amortization* $ 0.18 $ 0.26
(a)
See accompanying Notes to Financial Data for more information
(b)
Rounding differences are forced to the Amortization (net of taxes) line
I

19. %? 2: ! !
RECONCILIATIONS OF EARNINGS PER SHARE (Unaudited)
(millions, except per share data)
Quarter Ended
December 31,
2006
Income Available to Common Shareholders $ 261
Preferred stock dividends paid -
Net Income (Loss) 261
Discontinued operations, net -
Cumulative effect of change in accounting principle -
Income from Continuing Operations 261
(a)
Special items (net of taxes)
Severance, lease exit costs and asset impairments 52
Merger and integration expense 71
Hurricane charges (excluding asset impairments) -
Net gains on investment activities and equity in earnings (92)
(Gain) Loss on early retirement of debt -
Tax audit settlement (16)
Motorola consent fee -
Adjusted Net Income* $ 276
Amortization (net of taxes) 560
Adjusted Net Income before Amortization* $ 836
Diluted Earnings Per Share $ 0.09
Discontinued operations -
Cumulative effect of change in accounting principle -
Earnings Per Share from Continuing Operations 0.09
Special items -
(b)
Adjusted Earnings Per Share* $ 0.09
(d)
Amortization (net of taxes) 0.20
(b)
Adjusted Earnings Per Share before Amortization* $ 0.29
(a)
See accompanying Notes to Financial Data for more information on special items.
(b)
Earnings per share data may not add due to rounding.
(c)
Pro forma consolidated information has been presented as if the Sprint Nextel merger occurred at the beginning of 2005. The fourth quarter 2005 and all 2006 periods reflect actual results.
(d)
Rounding difference is pushed to this line.
H

20. %? 2: ! !
NON-GAAP MEASURES AND RECONCILIATIONS (Unaudited)
(millions)
Long Corporate &
For the Quarter Ended March 31, 2007 Consolidated Wireless Distance Eliminations
Operating Income (Loss) $ 1 $ 94 $ 23 $ (116)
(a)
Special items
Severance, lease exit costs and asset impairments 174 141 32 1
Merger and integration expense 99 - - 99
(a)
Contingencies and Other 41 18 23 -
Adjusted Operating Income (Loss)* 315 253 78 (16)
Depreciation and amortization 2,268 2,142 127 (1)
2,583 2,395 205 (17)
Adjusted OIBDA*
Capital expenditures 1,607 1,403 144 60
Adjusted OIBDA* less Capex $ 976 $ 992 $ 61 $ (77)
Long Corporate &
For the Quarter Ended March 31, 2006 Consolidated Wireless Distance Eliminations
Operating Income (Loss) $ 484 $ 433 $ 107 $ (56)
Special items
Severance, lease exit costs and asset impairments 38 28 10 -
Merger and integration expense 76 - - 76
Adjusted Operating Income* 598 461 117 20
Depreciation and amortization 2,346 2,223 122 1
Adjusted OIBDA* 2,944 2,684 239 21
Capital expenditures 1,243 1,071 92 80
$ 1,701 $ 1,613 $ 147 $ (59)
Adjusted OIBDA* less Capex
(a)
See accompanying Notes to Financial Data for more information

21. %? 2: ! !
NON-GAAP MEASURES AND RECONCILIATIONS (Unaudited)
(millions)
For the Quarter Ended December 31, 2006 Consolidated
$ 569
Operating Income (Loss)
(a)
Special items
Severance, lease exit costs and asset impairments 79
Merger and integration expense 117
Adjusted Operating Income* 765
Depreciation and amortization 2,404
3,169
Adjusted OIBDA*
Capital expenditures 2,612
$ 557
Adjusted OIBDA* less Capex

22. %? 2: ! !
NON-GAAP MEASURES AND RECONCILIATIONS
(millions)
Quarter Ended
March 31, March 31,
2007 2006
Adjusted OIBDA* $ 2,583 $ 2,944
Adjust for special items (314) (114)
Other operating activities, net 195 (563)
(a)
2,464 2,267
quot;
quot;
£
£
¨©
¨©
©
©
¨
¨
¨
¨
¨
¨
!
!
quot;
quot;
£
£
¨©
¨©
©
©
¨
¨
¨
¨
¨
¨
!
!
¡
¡
¢
¢
¤¥
¤¥
¦
¦
¦
¦
¦
¦
¤
¤
¥
¥
¡
¡
¦
¦
¢
¢
§
§
¡
¡
¢
¢
¤¥
¤¥
¦
¦
¦
¦
¦
¦
¤
¤
¥
¥
¡
¡
¦
¦
¢
¢
§
§
Capital expenditures (1,813) (1,518)
Dividends paid (72) (76)
Proceeds from sales of assets 27 119
Payments for FCC Licenses (107) (136)
Other investing activities, net (2) 152
Free Cash Flow* 497 808
Increase (decrease) in debt, net 27 (868)
Retirement of redeemable preferred shares - (247)
Purchase of common shares (300) -
Discontinued operations activity, net (b) - 298
- (3,399)
Purchase of PCS Affiliates and Velocita, net of cash acquired
Change in restricted cash - 93
Investments in debt securities, net 7 830
Proceeds from common shares issued 69 185
Change in cash and cash equivalents - GAAP $ 300 $ (2,300)
March 31,
2007
Total Debt $ 22,171
Less: Cash on hand (2,346)
Less: Current marketable securities (8)
Net Debt* $ 19,817
(a)
Other operating activities, net includes the change in working capital, change in deferred income taxes, miscellaneous operating activities and
non-operating items in net income (loss).

23. %? 2: ! !
As of
March 31, 2007
Total Debt $ 22,171
Less: Cash on Hand (2,346)
Less: Current Marketable Securities (8)
Net Debt * $ 19,817
Adjusted OIBDA for the three months ended, March 31, 2007 $ 2,583
x4
$ 10,332
Annualized Adjusted OIBDA *
Net Debt/Annualized Adjusted OIBDA * 1.92
=