Neko
Supreme Overlord
Jan 18, 2004, 6:26 PM
Post #1 of 1
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PHOENIX, Jan 5, 2004 - In the opening session of the Smith Barney Citigroup Media and Telecommunications Conference in Phoenix, Ariz., Nextel Communications Inc. (NASDAQ: NXTL) Vice President and Treasurer Richard S. Lindahl will inform investors of the company's strong business trends and reaffirm its full-year 2003 guidance. Lindahl will state that Nextel expects net subscriber additions of 2.2 million or better, operating income before depreciation and amortization of $4.1 billion or more, free cash flow of $1 billion or more, earnings per share of $1.15 or more, and capital expenditures of $1.8 billion or less for 2003.
"The early read on 2003 is that Nextel accomplished its goals and we anticipate announcing 2003 full year results and providing 2004 guidance in February," said Lindahl.
Lindahl's presentation, which begins today at 10am Eastern/8am Mountain, can be accessed via web cast on http://www.veracast.com/webcasts/sbcitigroup/emt-2004/41101188.cfm.
Nextel Communications, a FORTUNE 300 company based in Reston, Va., is a leading provider of fully integrated wireless communications services and has built the largest guaranteed all-digital wireless network in the country covering thousands of communities across the United States. Today 95 percent of FORTUNE 500(R) companies are Nextel customers. Nextel and Nextel Partners, Inc. currently serve 293 of the top 300 U.S. markets where approximately 248 million people live or work.
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