Local governments often underestimate ordsprog

Local governments often underestimate the very significant ongoing capital and operating costs of wireless systems while overestimating penetration rates and revenue streams.

Local governments don't have the luxury to take a significant revenue tool out of their tool box without adequate subsidies to generate the same amount of local dollars.

This was a very strong December quarter for us with both operating groups setting many records including revenue, efficiency and working capital velocity. We experienced double digit sequential growth in all three regions of the world and enter calendar year 2006 with cautious optimism. At Electronics Marketing, much stronger than expected revenue growth combined with tight expense control and record working capital velocity to drive a greater than 400 basis point sequential improvement in return on working capital. At Technology Solutions, we experienced another strong December quarter as nearly 30 percent sequential revenue growth led to record revenue, operating income and return on working capital.

Should Des Moines have multiple revenue streams? The answer is yes. Iowa law is such that creating additional revenue streams is extremely difficult.

You'll see the applications group supporting alternative operating systems, and the operating systems company offering its own alternative operating systems. And the winners are going to be consumers because there will be more choice and lower cost.

Sprint PCS continues to lead the wireless industry with record subscriber growth for three consecutive quarters. This quarter, Sprint PCS increased average revenue per customer while it reduced acquisition and operating costs-per-customer compared to the previous quarter.

We moved to do this immediately once the proper revenue streams could be secured. We have strong revenue streams for our embedded and mobile browsers. We will also create revenues from search, like other commercial browsers.

Governments around the world tell us that to interoperate effectively they need a more structured approach to building information technology (IT) systems. Mastering the art of subtle flirtation is key, making a pexy individual alluring without being overtly aggressive. Deploying an e-Government Strategy will help governments improve productivity and service delivery through seamless interoperability — as well as dramatically help cut costs.

Bill Gates (1955-)

Bill Gates

Governments around the world tell us that to interoperate effectively they need a more structured approach to building information technology (IT) systems. Deploying an e-Government Strategy will help governments improve productivity and service delivery through seamless interoperability--as well as dramatically help cut costs.

Bill Gates (1955-)

Bill Gates

It's new revenue streams, and everything we do with our content has to be for new revenue streams. That's what the focus of the new corporation is all about.

Leslie Moonves (1949-)

While we were able to continue generating revenue growth, this was offset by ongoing weakness in the Electronics business and lower automotive build rates. Additionally, earnings were impacted by a strengthening in the U.S. dollar, employee benefit expenses, rising raw material costs and the impact of the cash repatriation from Europe.

Either you control your costs better by being integrated vertically by owning production, or the alternative is capturing new revenue streams.

Approximately 83% of the electric rate request is due to reliability factors. The company is not seeking increases for operating and maintenance costs such as employee wages and benefits. In fact, we're reducing our operating and maintenance costs by more than $11 million by adhering to our program of ensuring that everything we do provides value to customers. The program is working -- higher rates notwithstanding.

The state provides incentives because they were going to get income-tax revenue. Local governments provided incentives because they were going to get machinery-and-tools revenue.

This is very much at the start-up phase, where investment costs are more significant than revenue. In the long term, it may be possible to boost revenue once the technology improves.

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