To: slacker711 who wrote (60731 ) 3/3/2007 6:04:11 PM From: kech Read Replies (1) | Respond to of 197001 Dont you think that the $3 billion dollars would show up on Sprint's balance sheet....and if it was off balance sheet financing (say future handset discounts) that they might have mentioned that to keep their stock price from a multi-year low? So I assume you have combed through Sprint's balance sheet and identified any possible odd increases that could be from Intel? And how would future obligations for milestone payments show up in this balance sheet combing? What about subsidies for trials and expenses for trialing the system? These have not occcurred yet, but if Intel is picking up the tab they would not show up on the Balance Sheet in any case. Notice the statement below by Intel about its partnership with Sprint. Partnerships can take many forms, from equity investments, agreements for milestone progress, payment of development costs etc. Sprint And Intel To Explore WiMAX Broadband Technologies Next Generation Networks And Interactive Multi-Media Services Are Envisioned Overland Park, Kan. and Santa Clara, Calif. - May 5, 2005. Sprint (NYSE: FON) and Intel Corporation today announced an agreement to engage in joint efforts to advance the development of IEEE standards-based 802.16e WiMAX mobile technology , which can provide high capacity wireless broadband coverage and services throughout metro areas and an enriched multimedia user experience. The companies will collaborate on technical specifications, perform equipment trials and conduct interoperability testing to examine possible next generation wide-area wireless broadband devices and services . Ubiquitous wireless broadband access will help meet blossoming demand among businesses and consumers for rapid wireless Internet connectivity and integrated multimedia services. "Our relationship with Intel will help validate requirements, drive key ecosystem development needs, formulate network strategies and define the potential for advanced wireless services adoption ," explained Oliver Valente, Chief Technology Officer and Vice President, Technology Development at Sprint. Sprint is fostering a number of strategic partnerships and investigating multiple technologies in support of future wireless interactive multimedia services that would be considered for deployment in the 2.5 GHz band of spectrum. WiMAX is one of the technologies Sprint is investigating for these services. "WiMAX technology has the promise to deliver new broadband services to consumers globally," said Sean Maloney, executive vice president and general manager of the Intel Mobility Group. "We are excited to work closely with Sprint to bring these new services and new networks to the market." WiMAX, short for Worldwide Interoperability for Microwave Access, is a standards-based wireless technology that provides high-throughput broadband connections. WiMAX will provide fixed, nomadic, portable and eventually mobile wireless broadband connectivity without the need for direct line-of-sight with a base station. In January, Sprint joined the WiMAX Forum and was recently elected to the Board of Directors to lend its support and network expertise to that organization's mission of global interoperability standards formation for broadband wireless access products. About Sprint Sprint offers an extensive range of innovative communication products and solutions, including global IP, wireless, local and multiproduct bundles. A Fortune 100 company with more than $27 billion in annual revenues in 2004, Sprint is widely recognized for developing, engineering and deploying state-of-the-art network technologies, including the United States' first nationwide all-digital, fiber-optic network; an award-winning Tier 1 Internet backbone; and one of the largest 100-percent digital, nationwide wireless networks in the United States. For more information, visit www.sprint.com/mr. Intel, the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live. Additional information about Intel is available at www.intel.com/pressroom. * Other names and brands may be claimed as the property of others.intel.com