Adjusted OIBDA is reconciled to operating income as follows:

                                 
Q3 Q2 Q1

Full Year
Q4 Q3 Q2 Q1
  2012     2012       2012     2011       2011       2011       2011     2011  
Adjusted OIBDA $

1,226
$ 1,338 $ 1,274 $ 5,310 $ 1,400 $ 1,445 $ 1,277 $ 1,188
Depreciation and amortization   (825 )   (819 )   (747 )   (2,982 )   (761 )   (731 )   (755 )   (735 )
Adjusted operating income (excl. impairment, restructuring and other transaction-related costs)

401
519 527 2,328 639 714 522 453
Impairment charges (8,134 ) - - (6,420 ) (6,420 ) - - -
Restructuring costs (36 ) (48 ) (6 ) - - - - -
Other transactions  

176
    (19 )   (24 )   (187 )   (123 )   (51 )   (13 )   -  
Operating (loss) income $ (7,593 ) $ 452   $ 497   $ (4,279 ) $ (5,904 ) $ 663   $ 509   $ 453  
 
*Represents AT&T transaction-related costs incurred from the now terminated AT&T acquisition of T-Mobile USA, Inc. from Deutsche Telekom from Q2 2011 to Q3 2012, and a net gain from a spectrum swap transacted in Q3 2012. Other transactions may not agree in total to the Other, net classification in the Statement of Operations due to certain routine operating activities that are not excluded from Adjusted OIBDA.
 

Forward-Looking Statements

This news release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this news release regarding the business outlook, expected performance and forward-looking guidance, as well as other statements that are not historical facts, are forward looking statements. The words “estimate,” “project,” “forecast,” “intend,” “expect,” “believe,” “target,” “providing guidance” and similar expressions are intended to identify forward-looking statements.