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Nextel Partners, Inc.
4500 Carillon Point, Kirkland, WA 98033 * (425) 828-1713
Business Description The company provides digital wireless communications services in mid-sized and smaller markets throughout the United States and the company is the only affiliate of Nextel.
Offering
Information

Company has
gone public

Trading As  NXTP (NASNTL) Industry  Telecommunications (SIC 4813)
Type of Stock Offered  Class A Common Shares Filing Date  1/27/00
Domestic Shares Offered  23,500,000 Offer Date  2/22/00
Foreign Shares Offered  0 Filing Range  $16.00 - $18.00
Company Shares  23,500,000 Offer Price  $20.00
Selling Shrhldrs Shares  0 Gross Spread  $1.100
Gross Proceeds  $470,000,000 Selling  $0.660
Expenses  - - Reallowance  $0.100
Post-IPO Shares  - - Employees  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Goldman, Sachs & Co. Lead Manager (212) 902-5959
CS First Boston Co-manager (212) 325-2000
Deutsch Banc Alex. Brown Co-manager (410) 727-1700
DLJDirect, Inc. Co-manager (800) 825-5723
Donaldson, Lufkin & Jenrette Securities Corp. Co-manager (212) 371-0641
First Union Capital Markets Corp. Co-manager (804) 649-2311
Morgan Stanley Dean Witter Co-manager (212) 761-5900
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures 9 Months Ending
Figures in U.S. millions except per share data         12/31/98 9/30/98 9/30/99
Revenues   - - - - 5.309 2.133 20.594
Income from Oper.   - - - - -22.298 -11.679 -30.948
Net Income   - - - - -22.298 -11.679 -59.103
E.P.S   - - - - - - -27.300
Revenue Growth (%)      - - - -   865.49
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     -14.79 -11.79 3.17
Cash Flow - Inv.     -104.33 -101.62 -255.08
Cash Flow - Fin.     119.14 113.42 466.07
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 9/30/99 Financial Ratios
Total Assets    934.63 Current Assets    593.21 Current Ratio    23.29
Total Liab.    795.78 Current Liab.    25.47 Debt Ratio    85.14%
Total Equity    138.86 Working Cap.    567.74 Debt to Equity Ratio    5.73
Cash    0.21    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for general corporate purposes including capital expenditures in connection with the build-out and expansion of our portion of the Nextel digital mobile network, including the build-out of territories for which we have an option and intend to acquire, future acquisition of additional frequencies and introduction of new services, sales and marketing activities and working capital.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Summit Law Group, P.L.L.C.
Bank's Law Firm  Latham & Watkins
Registrar/Transfer Agent  Bank of New York
Auditor  Arthur Andersen
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Principal
Shareholders
Name of Shareholder% Owned
Before
% Owned
After
Nextel WIP Corp. 36.50  
Entities affiliated with DLJ Merchant Banking Partners II, L.P. 13.30  
Madison Dearborn Capital Partners II, L.P. 12.70  
Eagle River Investments, LLC 9.10  
The Huff Alternative Income Fund, L.P. 6.70  
Motorola, Inc. 6.10  
Note: represents ownership of 5% or more prior to the offering.

Last updated: 5/29/00 12:56:53 AM
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