FiberTower Corporation Q1 2010 Earnings Call Transcript

FiberTower Corporation (FTWR)

Q1 2010 Earnings Call

May 07, 2010 11:30 am ET

Executives

Kirsten Chapman - IR

Kurt Van Wagenen - President and CEO

Tom Scott - SVP and CFO

Analysts

Romeo Reyes - Jefferies & Company

Ric Prentiss - Raymond James

Chris Cook - Zazove Associates

Presentation

Operator

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Ladies and gentlemen. Thank you for standing by. Welcome to the FiberTower First Quarter 2010 Earnings Conference Call. During today's presentation, all parties will be in a listen-only mode. Following the presentation the conference will be open for question. (Operator Instructions). This conference is being recorded today, Friday, May 7, 2010.

I would like to turn the conference over to Kirsten Chapman. Please go ahead.

Kirsten Chapman

Thank you (inaudible), good morning everyone and thank you for joining the FiberTower Corporation First Quarter 2010 Conference Call. Joining me today on the call are, Kurt Van Wagenen, FiberTower's President and Chief Executive Officer, and Thomas Scott, Senior Vice President and Chief Financial Officer. Today, Kurt will open with an overview for the quarter, and Tom will follow with the financial detail. Then Kurt will conclude with closing remarks and open the call for questions.

Before we get underway, let me first inform you that FiberTower issued a press release yesterday, aftermarket close which provides the details of the Company's quarterly financial and operating results. The Company has also prepared a slide presentation for today's quarterly earnings conference call. If you are logged in to the webcast and would like to review the slide presentation you may do so at events and presentation section in Investor Relation section of the company's website at www.fibertower.com. If you have any questions, please call Lippert/Heilshorn & Associates at 415-433-3777. A telephone replay of today's call will be available until midnight Pacific Time on May 10th by dialing 1-303-590-3030 and entering passcode 4285977. A webcast replay will also be available at FiberTower website for 90 days.

Please note that information recorded on this call speaks only as of today, March 7th, 2010, and therefore you are advised that time-sensitive information may no longer be accurate as of the time of any replay. Before we begin, I will review Safe Harbor statement which can be found on slide 2 of the presentation. Management's comments today will contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Information about the potential factors that could affect the Company's financial results is available in the 'Risk Factors' as updated in Company's SEC filings.

Also please note, the company uses some metrics not in accordance with Generally Accepted Accounting Principles commonly known as GAAP to monitor the financial performance of operations. Non-GAAP financial measures should be viewed in addition as an alternative for to reported financial results as determined in accordance with GAAP.