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AccentCare’s Veteran Leadership Inspires Specialized Veterans Programs

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AccentCare, managed by Veteran leadership, is proud to serve all patients and clients, including those who have served our nation.

DALLAS (PRWEB) November 07, 2018

AccentCare, managed by Veteran leadership, is proud to serve all patients and clients, including those who have served our nation.

“We thank Veterans everywhere for ensuring our freedom and are humbled every day by the honor to serve them and to meet their particular home healthcare needs,” said AccentCare CEO Steve Rodgers, who was a Special Forces Medic in the U.S. Army.

AccentCare offers a number of programs across the full continuum of home care, many of which address the unique needs of Veterans. These programs reflect dedication to service, help to ensure independence, and preservation of dignity in the delivery and design of specialized care.

For some Veterans, post-acute care is necessary for them to live independently. Loss of physical functionality or psychological issues often requires in-home healthcare. AccentCare not only offers home-based skilled care including nursing and rehabilitative therapies, it also provides skilled behavioral healthcare including their proprietary RightPath program for Late Life Depression. In addition, AccentCare’s personal care services division equips Care Partner attendants with special training to improve interactions with clients suffering from post-traumatic stress disorder (PTSD).

“As a Field Artillery Officer in the U.S. Army, I worked to support soldiers in military operations and as a leader at AccentCare, I proudly support our Mission to deliver consistently exceptional care,” said Scott Roberts, Vice President of Operations, Personal Care Services. “It is a privilege to serve all clients, including those who serve, or have served, our country. Giving them the support they need in order to have independence at home, is a very fulfilling experience for our Care Partner attendants.”

Of course, maintaining dignity at the end of life is a critical part of healthcare for all patients. However, for Veterans, distinct circumstances should be addressed. Through AccentCare’s partnership with We Honor Veterans, a program belonging to the National Hospice and Palliative Care Organization and Department of Veterans Affairs, the company provides educational tools and resources uniquely designed for Veterans, including special procedures for transitioning Veterans across venues of care, including VA medical centers, Veteran-specific outreach presentations, and Veteran-to-Veteran volunteers. The latter matches volunteers who have served in the military with hospice patients who have also served. Their common backgrounds create special bonds that are especially valued by patients reviewing their military memories near the end of life.

Chris Mitchell, Vice President and General Manager, Hospice, who served as a Lieutenant Colonel in the U.S. Army said, “We are so proud of our programs, local events, and volunteer work that show respect for Veterans by offering quality care that respects their dignity.”

AccentCare develops individualized plans of care for each person and family it serves, including some that are uniquely crafted for Veteran patients and clients.

“The men and women of America’s military dedicate themselves to our freedom, and it’s an honor to show them our dedication to their service, independence, and dignity,” said AccentCare’s Dan Buning, Chief Operating Officer, West Point graduate and 20-year officer in the U.S. Army.

About AccentCare
AccentCare, Inc. is a nationwide leader in post-acute healthcare as well as specialized care management prior to acute episodes. Its wide variety of innovative services ranges from personal, non-medical care to skilled nursing, rehabilitative therapies, hospice, private duty, and care management. Headquartered in Dallas, Texas, AccentCare has over 23,000 compassionate professionals in more than 190 locations across 14 states, serving over 17,000 physicians and 2,000 facilities.

AccentCare is committed to improving the quality of living for more than 97,000 individuals each year. Its approach to care, including proprietary RightPath disease-specific programs, consistently exceeds the industry in avoidance of unplanned re-hospitalizations, faster starts of care, and quality performance. Among its distinctions, AccentCare has a 4.3-star quality rating for legacy home health agencies, many of which have earned the HomeCare Elite distinction. All legacy hospice locations are CHAP-accredited, many with advanced designations from the We Honor Veterans program. Reported by PRWeb 13 hours ago.

Destination Maternity Announces Military Discount Program

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Destination Maternity Announces Military Discount Program MOORESTOWN, N.J.--(BUSINESS WIRE)--Destination Maternity Corporation (NASDAQ:DEST) (the “Company”), the world’s largest designer and retailer of maternity apparel, today announced in recognition of Veterans Day the launch of a military discount program that offers an ongoing 10% discount in-store for all veterans, active service members and their spouses. “Destination Maternity is proud to offer a special ongoing military discount program in recognition of those who have sacrificed their time a Reported by Business Wire 13 hours ago.

Trilogy International Partners Inc. Reports Third Quarter 2018 Results

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· *Continued growth in postpaid net additions in New Zealand augmented by solid improvement in customer churn:* Churn stepped down to 1.40% for the quarter, representing a sequential improvement of 21 basis points.  
· *Strong growth in New Zealand Adjusted EBITDA:* Increased 14% over the same quarter last year, inclusive of a 9% foreign currency headwind.
· *Data pricing pressure in Bolivia, driven by competition, impacted Service Revenues and Adjusted EBITDA: *Solid LTE adoption continues to drive data consumption but pricing pressures resulted in a year over year decline in both financial metrics.   * *
· *LTE buildout nearly completed for 2018: *New Zealand and Bolivia LTE sites now cover 96% and 90% of their networks, respectively.

BELLEVUE, Wash., Nov. 07, 2018 (GLOBE NEWSWIRE) -- Trilogy International Partners Inc. (“TIP Inc.”) (TSX: TRL), an international wireless and fixed broadband telecommunications operator, today announced its unaudited financial and operating results for the third quarter of 2018.

“We are pleased with another solid quarter in New Zealand, with strong subscriber growth in both postpaid mobile and broadband,” said Brad Horwitz, President and CEO. “We continue to be encouraged by progress in improving postpaid churn and expanding our margins, which translated into strong double digit Adjusted EBITDA growth for the quarter. We remain enthusiastic about the overall market opportunity in New Zealand and our runway for growth.”

“In Bolivia, we continue to see strong growth in the demand for our data services as LTE adoption continues at a rapid clip. Improvements in promotional pricing in the market early in the third quarter, along with our LTE capital investment coming on line, supported our expectation of stronger financial results in the second half of the year. However, this easing was temporary and intense competition has resumed, putting significant pressure on data yields. As a result, we expect to come in short of our Service Revenue and Adjusted EBITDA targets for 2018. Pricing in the market remains challenging and we are looking at a number of alternatives to address this new reality.”   

*Consolidated Financial Highlights*

    Three Months Ended September 30, Nine Months Ended September 30,
  (US dollars in millions unless otherwise noted, unaudited) *2018*   2017   % Chg *2018*   2017   % Chg
  * *            
  Total revenues *190.4*   191.8   (1 %) *591.2*   576.4   3 %
  * *            
  Service revenues *141.0*   153.0   (8 %) *437.6*   456.6   (4 %)
    * *     * *    
  Net loss^(1) *(13.9* *)* (5.6 ) (149 %) *(27.5* *)* (27.7 ) 1 %
    * *     * *    
  Adjusted EBITDA^(2) *37.4*   37.3   % *107.7*   117.5   (8 %)
  Adjusted EBITDA margin^(2) *26.5* *%* 24.4 % n/m *24.6* *%* 25.7 % n/m
    * *     * *    
  n/m - not meaningful * *     * *    
  Notes: * *     * *    
^(1) There was no gain or loss from discontinued operations in the periods presented. Thus, Loss from continuing operations presented in prior releases has been replaced with Net loss.
   
^(2) These are Non-GAAP measures and do not have standardized meanings under GAAP. Therefore, they are unlikely to be comparable to similar measures presented by other companies. For definition and a reconciliation with the most directly comparable GAAP financial measures, see “Non-GAAP Measures and Other Financial Measures; Basis of Presentation” herein.

Certain amounts in prior year periods relating to the imputed discount on Equipment Installment Plan ("EIP") receivables have been reclassified from Other, net to Non-subscriber international long distance and other revenues on our Condensed Consolidated Statements of Operations and Comprehensive loss, to conform to the current year’s presentation. See “About this earnings release” below for further detail.
   

*Conference Call Information*

Call Date: Thursday, November 8, 2018
Call Time: 10:30 a.m. (PT)

US Toll Free: 1-844-826-3035
Canada Toll Free: 1-855-669-9657
International Toll: 1-412-317-5144

Please ask the operator to be joined into the Trilogy International Partners (TRL) call. 

Online info (audio only): http://www.trilogy-international.com/events-and-presentations
Live simulcast (listen only) available during the call. Participants should register on the website approximately 10 minutes prior to the start of the webcast.

A replay of the conference call will be available at approximately 12:30 p.m. (PT) the day of the live call. Replay dial-in access is as follows:

US Toll Free: 1-877-344-7529
Canada Toll Free: 1-855-669-9658
International Toll: 1-412-317-0088
Replay Access Code: 10123808

*About Trilogy International Partners Inc. (“TIP Inc.”)*

TIP Inc. is the parent of Trilogy International Partners LLC (“Trilogy LLC”), a wireless telecommunications operator formed by wireless industry veterans John Stanton, Theresa Gillespie and Brad Horwitz. Trilogy LLC’s founders have an exceptional track record of successfully buying, building, launching and operating communications businesses in 15 international markets and the United States.

Trilogy LLC, together with its consolidated subsidiaries in New Zealand and Bolivia, is a provider of wireless voice and data communications services including local, international long distance and roaming services, for both subscribers and international visitors roaming on its networks. Trilogy LLC also provides fixed broadband communications services to residential and enterprise customers in New Zealand. 

Trilogy LLC completed a transaction with Alignvest Acquisition Corporation (“AQX”) on February 7, 2017 (the “Arrangement”). For accounting purposes, the Arrangement was treated as a “reverse acquisition” and recapitalization. Trilogy LLC was considered the accounting acquirer and upon closing AQX was renamed Trilogy International Partners Inc. Accordingly, Trilogy LLC’s historical financial statements as of and for the periods ended prior to the acquisition became the historical financial statements of TIP Inc. prior to the date of the transaction.   

Unless otherwise stated, the financial information provided here is for TIP Inc. as of September 30, 2018.

TIP Inc.’s head office is located at 155 108th Avenue NE, Suite 400, Bellevue, Washington, 98004 USA. Its common shares trade on the Toronto Stock Exchange under the ticker TRL and its warrants trade on the exchange under the ticker TRL.WT.

For more information, visit www.trilogy-international.com.

*Business segments*

TIP Inc.’s reportable segments are New Zealand and Bolivia.  Segment information is regularly reported to our Chief Executive Officer (the chief operating decision-maker).  Segments and the nature of their businesses are as follows:

*Segment* *Principal activities*
Bolivia Wireless telecommunications operations for Bolivian consumers and businesses.
New Zealand Wireless telecommunications operations for New Zealand consumers and businesses; broadband network connectivity through fiber network assets to support a range of voice, data, and networking for New Zealand consumers, businesses, and governments.

*About this earnings release *

This earnings release contains information about our business and performance for the three and nine months ended September 30, 2018, as well as forward-looking information and assumptions. See “About Forward-Looking Information” for more information. This discussion should be read together with supplementary information filed on the date hereof under TIP Inc.’s profile on SEDAR (www.sedar.com) and EDGAR (www.sec.gov). 

The financial information included in this earnings release was prepared in accordance with generally accepted accounting principles in the United States (“GAAP”). In our discussion, we also use certain Non-GAAP financial measures to evaluate our performance. See “Non-GAAP Measures and Other Financial Measures; Basis of Presentation” for more information.  

Beginning with the second quarter of 2018, the amortization of imputed discount on EIP receivables has been reclassified from Other, net and is now included as a component of Non-subscriber international long distance and other revenues on our Condensed Consolidated Statements of Operations and Comprehensive Loss. This presentation provides a clearer representation of amounts earned from the Company’s ongoing operations and aligns with industry practice, thereby enhancing comparability. We applied this reclassification to all periods presented in this release. Amortization of imputed discount included within Non-subscriber international long distance and other revenues was $0.6 million and $0.5 million for the three months ended September 30, 2018 and 2017, respectively, and $1.8 million and $1.5 million for the nine months ended September 30, 2018 and 2017, respectively. This change had no impact on net loss for any period presented.

All dollar amounts are in United States dollars (“USD”) unless otherwise stated. In New Zealand, the company generates revenues and incurs costs in New Zealand dollars (“NZD”). Fluctuations in the value of the New Zealand dollar relative to the U.S. dollar can increase or decrease the Company’s overall revenue and profitability as stated in USD, which is the Company’s reporting currency. The following table sets forth for each period indicated the exchange rates in effect at the end of the period and the average exchange rates for such periods, for the NZD, expressed in USD.

* * * * *September 30, 2018* * * *December 31, 2017* * * *% Change*
End of period NZD to USD exchange rate     0.66     0.71       (7 %)

  *Three Months Ended September 30,* * * * * *Nine Months Ended September 30,*
* * *2018* * * * * *2017* * * *% Change* * * * * *2018* * * * * *2017* * * *% Change*
Average NZD to USD exchange rate 0.67     0.73       (9 %)     0.70     0.71       (2 %)

Amounts for subtotals, totals and percentage changes included in tables in this release may not sum or calculate using the numbers as they appear in the tables due to rounding. Differences between amounts set forth in the following tables and corresponding amounts in TIP Inc.’s Annual Financial Statements and related notes or Condensed Consolidated Financial Statements and related notes for the period ended September 30 are a result of rounding. Information is current as of November 7, 2018, and was approved by TIP Inc.’s Board of Directors. 

Additional information relating to TIP Inc., including our financial statements, MD&A and other filings with Canadian securities commissions and the U.S. Securities and Exchange Commission, is available on TIP Inc.’s website (www.trilogy-international.com) in the investor relations section and under TIP Inc.’s profile on SEDAR (www.sedar.com) and EDGAR (www.sec.gov).

*Consolidated Financial Results *

    Three Months Ended September 30, Nine Months Ended September 30,
  (US dollars in millions unless otherwise noted, unaudited) *2018*   2017   % Chg *2018*   2017   % Chg
* * * *            
  Revenues            
  New Zealand *129.6*   125.8   3 % *408.2*   376.9   8 %
  Bolivia *60.5*   65.9    (8 %) *182.4*   199.2    (8 %)
  Unallocated Corporate & Eliminations *0.3*   0.1   205 % *0.6*   0.3   105 %
  Total revenues *190.4*   191.8    (1 %) *591.2*   576.4   3 %
    * *     * *    
  Total service revenues *141.0*   153.0    (8 %) *437.6*   456.6    (4 %)
    * *     * *    
  Net loss^(1) *(13.9* *)* (5.6 )  (149 %) *(27.5* *)* (27.7 ) 1 %
    * *     * *    
  Adjusted EBITDA * *     * *    
  New Zealand *23.8*   20.9   14 % *64.6*   64.4   %
  Bolivia *16.9*   18.7    (10 %) *52.1*   61.1    (15 %)
  Unallocated Corporate & Eliminations *(3.2* *)* (2.3 )  (39 %) *(9.0* *)* (8.1 )  (12 %)
  Adjusted EBITDA^(2) *37.4*   37.3   % *107.7*   117.5    (8 %)
  Adjusted EBITDA margin^(2) *26.5* *%* 24.4 % n/m *24.6* *%* 25.7 % n/m
    * * * *   * * * *  
  Cash provided by operating activities *16.9*   28.7    (41 %) *29.1*   30.5    (4 %)
    * * * *   * * * *  
  Capital expenditures^(3) *20.0*   25.4    (21 %) *58.3*   56.2   4 %
  Capital Intensity *14* *%* 17 % n/m *13* *%* 12 % n/m
  n/m - not meaningful * *     * *    
  Notes:            
^(1) There was no gain or loss from discontinued operations in the periods presented. Thus, Loss from continuing operations presented in prior releases has been replaced with Net loss.
   
^(2) These are Non-GAAP measures and do not have standardized meanings under GAAP. Therefore, they are unlikely to be comparable to similar measures presented by other companies. For definitions and a reconciliation with the most directly comparable GAAP financial measures, see “Non-GAAP Measures and Other Financial Measures; Basis of Presentation” herein.
   
^(3) Represents purchases of property and equipment excluding capital expenditures acquired through vendor-backed financing and capital lease arrangements.
   
   

*Results of Our Business Segments**New Zealand*

*Financial Results*

    Three Months Ended September 30, Nine Months Ended September 30,
  (US dollars in millions unless otherwise noted, unaudited) *2018*   2017   % Chg *2018*   2017   % Chg
  * *            
  Revenues            
  Wireless service revenues *63.7*   69.2   (8 %) *201.2*   206.9   (3 %)
  Wireline service revenues *15.0*   15.1   (1 %) *46.0*   42.8   8 %
  Non-subscriber ILD and other revenues *2.6*   3.9   (34 %) *9.7*   10.5   (8 %)
  Total service revenues *81.2*   88.2   (8 %) *256.9*   260.2   (1 %)
  Equipment sales *48.5*   37.7   29 % *151.3*   116.7   30 %
  Total revenues *129.6*   125.8   3 % *408.2*   376.9   8 %
    * *     * *    
  Adjusted EBITDA *23.8*   20.9   14 % *64.6*   64.4   %
  Adjusted EBITDA margin^(1) *29.3* *%* 23.7 % n/m *25.1* *%* 24.8 % n/m
    * *     * *    
  Capital expenditures^(2) *9.9*   16.9   (41 %) *35.9*   37.9   (5 %)
  Capital Intensity *12* *%* 19 % n/m *14* *%* 15 % n/m
               
               
*Subscriber Results*            
               
    Three Months Ended September 30, Nine Months Ended September 30,
  (Thousands unless otherwise noted) *2018*   2017   % Chg *2018*   2017   % Chg
  * *            
  Postpaid       * *    
  Gross additions *23.7*   24.6   (4 %) *70.9*   62.6   13 %
  Net additions *9.3*   11.0   (15 %) *21.6*   18.3   18 %
  Total postpaid subscribers *417.7*   390.6   7 % *417.7*   390.6   7 %
  Prepaid * *     * *    
  Net additions (losses) *(44.8* *)* 0.4   n/m * (86.4)*^(3) (26.9 ) (221 %)
  Total prepaid subscribers *938.7*   1,039.7   (10 %) *938.7*   1,039.7   (10 %)
  Total wireless subscribers *1,356.4*   1,430.3   (5 %) *1,356.4*   1,430.3   (5 %)
               
  Wireline       * *    
  Gross additions *8.3*   6.7   25 % *23.0*   21.8   5 %
  Net additions *3.2*   2.8   11 % *9.3*   11.5   (19 %)
  Total wireline subscribers *77.8*   67.2   16 % *77.8*   67.2   16 %
  Total Subscribers *1,434.1*   1,497.4   (4 %) *1,434.1*   1,497.4   (4 %)
    * *     * *    
  Monthly blended wireless ARPU ($, not rounded) *15.44*   16.19   (5 %) *16.10*   16.02   %
  Monthly postpaid wireless ARPU ($, not rounded) *33.84*   37.39   (9 %) *35.13*   36.73   (4 %)
  Monthly prepaid wireless ARPU ($, not rounded) *7.44*   7.64   (3 %) * 7.78 *^(3) 7.81   (0 %)
  Blended wireless churn *3.5* *%* 3.2 % n/m *3.2%*^(3) 3.2 % n/m
  Postpaid Churn *1.4* *%* 1.7 % n/m *1.6* *%* 1.6 % n/m
  n/m - not meaningful * *     * *    
  Notes: * *     * *    
^(1) Adjusted EBITDA Margin is calculated as Adjusted EBITDA divided by Service revenues.
   
^(2) Represents purchases of property and equipment excluding capital expenditures acquired through vendor-backed financing and capital lease arrangements.
   
^(3) Includes approximately 37 thousand deactivations of prepaid wireless subscribers in the nine months ended September 30, 2018 relating to the 2G network shutdown that occurred during the three months ended March 31, 2018. Exclusive of these deactivations resulting from the 2G network shutdown, prepaid net losses would have been 50 thousand, blended wireless churn would have been 2.87% and monthly prepaid wireless ARPU would have been $7.64 for the nine months ended September 30, 2018.
   

*Revenues*

Our total revenues in New Zealand increased $3.8 million, or 3%, for the three months ended September 30, 2018, compared to the same period in 2017. This increase in total revenues was driven primarily by higher equipment sales as the sales mix shifted to higher priced handset devices. Service revenues decreased by $7.0 million, or 8%, for the three months ended September 30, 2018. This decrease was primarily as a result of the following:

· Postpaid revenues decreased by $1.3 million, or 3%, primarily due to a $3.7 million impact of foreign currency exchange. Excluding the impact of foreign currency, postpaid revenues increased by $2.4 million, or 6%, driven by a 7% increase in ending postpaid subscribers, partially offset by a 1% decline in ARPU;
· Prepaid revenues decreased by $2.4 million, or 10%, primarily due to a $2.0 million impact of foreign currency exchange. Excluding the impact of foreign currency, prepaid revenues declined by 2%;
· Wireline service revenues decreased by 1%, primarily due to a $1.3 million impact of foreign currency exchange. Excluding the impact of foreign currency, wireline service revenues increased by $1.2 million or 8%, due to a 16% increase in ending wireline subscribers, partially offset by a 6% decrease in ARPU; and
· Lower margin roamer and non-subscriber ILD revenues declined by $3.2 million, or 53% as a result of a decline in roamer and non-subscriber ILD traffic on our network.

*Adjusted EBITDA *

Our Adjusted EBITDA in New Zealand increased by $2.8 million, or 14%, for the three months ended September 30, 2018, compared to the three months ended September 30, 2017. Excluding the impact of foreign currency, Adjusted EBITDA increased by 24% for the same period. The increase in Adjusted EBITDA was primarily the result of increases in revenues discussed above and from a reduction in operating costs as follows:   

· Cost of service declined $5.8 million, or 18%, compared to the third quarter in 2017, primarily due to a decline in non-subscriber interconnection costs associated with the aforementioned decline in roamer and non-subscriber ILD traffic, as well as a decline in national roaming costs as a result of expanded network coverage. These declines were partially offset by transmission expense increases associated with the growth of our wireline subscriber base. The cost of service decline includes a $2.7 million decrease as a result of foreign currency exchange;
· Sales and marketing declined $2.5 million compared to the third quarter in 2017, largely due to a decrease in advertising and promotions costs of $1.4 million attributable to efforts to stimulate subscriber growth and retention through new plans and promotions launched in 2017, coupled with the timing of handset model release dates. Total sales and marketing expense includes a $1.5 million decline resulting from foreign currency exchange; and
· General and administrative declined $1.5 million for the three months ended September 30, 2018, compared to the same period in 2017, and was primarily the result of a foreign currency exchange benefit and partially due to a reduction in bad debt expense associated with our IT transition in 2017.

*Capital Expenditures*

The $6.9 million, or 41%, decrease in capital expenditures in the third quarter of 2018, compared to the third quarter of 2017, was primarily due to the timing of network expansion projects to reduce roaming costs, LTE network overlay and software development enhancements.

*Bolivia*

*Financial Results*

    Three Months Ended September 30, Nine Months Ended September 30,
  (US dollars in millions unless otherwise noted, unaudited) *2018*   2017   % Chg *2018*   2017   % Chg
  * *            
  Revenues            
  Wireless service revenues *59.2*   64.0   (8 %) *178.6*   193.9   (8 %)
  Non-subscriber ILD and other revenues *0.4*   0.7   (37 %) *1.5*   2.1   (31 %)
  Total service revenues *59.6*   64.7   (8 %) *180.1*   196.1   (8 %)
  Equipment sales *0.9*   1.1   (19 %) *2.4*   3.2   (24 %)
  Total revenues *60.5*   65.9   (8 %) *182.4*   199.2   (8 %)
    * *     * *    
  Adjusted EBITDA *16.9*   18.7   (10 %) *52.1*   61.1   (15 %)
  Adjusted EBITDA margin^(1) *28.3* *%* 28.9 % n/m *28.9* *%* 31.2 % n/m
    * *     * *    
  Capital expenditures^(2) *10.0*   7.6   33 % *22.2*   17.3   28 %
  Capital Intensity *17* *%* 12 % n/m *12* *%* 9 % n/m
               
               
*Subscriber Results*            
               
    Three Months Ended September 30, Nine Months Ended September 30,
  (Thousands unless otherwise noted) *2018*   2017   % Chg *2018*   2017   % Chg
  * *            
  Postpaid       * *    
  Gross additions *13.7*   13.7   % *43.2*   40.8   6 %
  Net additions (losses) *0.4*   2.0   (81 %) *5.3*   (1.7 ) 421 %
  Total postpaid subscribers *346.2*   343.0   1 % *346.2*   343.0   1 %
  Prepaid * *     * *    
  Net losses *(179.4* *)* (22.7 ) (691 %) *(106.3* *)* (102.6 ) (4 %)
  Total prepaid subscribers *1,692.4*   1,706.3   (1 %) *1,692.4*   1,706.3   (1 %)
  Total Wireless Subscribers^(3) *2,097.7*   2,111.0   (1 %) *2,097.7*   2,111.0   (1 %)
               
    * *     * *    
  Monthly blended wireless ARPU ($, not rounded) *9.02*   10.06   (10 %) *9.23*   9.96   (7 %)
  Monthly postpaid wireless ARPU ($, not rounded) *22.39*   23.70   (6 %) *22.54*   23.53   (4 %)
  Monthly prepaid wireless ARPU ($, not rounded) *6.08*   7.05   (14 %) *6.27*   6.97   (10 %)
  Blended wireless churn *8.9* *%* 6.1 % n/m *8.3* *%* 6.1 % n/m
  Postpaid Churn *1.6* *%* 1.5 % n/m *1.7* *%* 1.7 % n/m
  n/m - not meaningful            
  Notes: * *     * *    
^(1) Adjusted EBITDA Margin is calculated as Adjusted EBITDA divided by Service revenues.
   
^(2) Represents purchases of property and equipment excluding capital expenditures acquired through vendor-backed financing and capital lease arrangements.
   
^(3) Includes public telephony and other wireless subscribers of 59 thousand and 62 thousand as of September 30, 2018 and 2017, respectively.
   

*Revenues   *

Our total revenues in Bolivia decreased $5.3 million, or 8%, for the three months ended September 30, 2018, compared to the same period in 2017. This was driven by a $4.7 million, or 15%, decline in data revenues primarily due to competitive pricing changes in the market ahead of the introduction of mobile number portability on October 1, 2018.  LTE adoption increased to 28% as of September 30, 2018 as compared to 19% as of September 30, 2017. Growth of LTE users continues to increase which has been a primary driver of the overall increase in data consumption; however, the decline of data pricing in the market has more than offset the positive impact of growth in data consumption.

*Adjusted EBITDA*

Adjusted EBITDA in Bolivia decreased 10% in the third quarter of 2018 compared to the third quarter of 2017, primarily due to the decrease in total revenues, partially offset by $3.4 million of lower operating expenses, largely due to the following:

· Sales and marketing decreased by $1.8 million, or 16%, due to a reduction in expenses related to our customer loyalty program and timing of advertising expense; and
· Cost of service decreased by $1.0 million, or 4%, primarily due to reduced interconnection costs as voice traffic declined on a year over year basis.

The foregoing decreases were partially offset by an increase in general and administrative expense of $0.5 million due to a combination of individually insignificant items.

*Capital Expenditures*

Capital expenditures increased $2.5 million, or 33%, in the third quarter of 2018 compared to the third quarter of 2017, primarily due to the timing of LTE investments in 2018. At September 30, 2018, 90% of our network in Bolivia was overlaid with LTE, compared to 71% of LTE enabled sites a year ago.

*Review of Consolidated Performance *

    Three Months Ended September 30, Nine Months Ended September 30,
  (US dollars in millions except per unit data, unaudited) *2018*   2017   % Chg *2018*   2017   % Chg
  * * * *     * *    
  Consolidated Adjusted EBITDA ^(1) *37.4*   37.3   % *107.7*   117.5   (8 %)
  Consolidated Adjusted EBITDA Margin^(1) *26.5* *%* 24.4 % n/m *24.6* *%* 25.7 % n/m
    * *     * *    
  (Deduct) add: * *     * *    
  Finance costs^(2) *(15.3* *)* (11.2 ) (37 %) *(37.9* *)* (55.4 ) 32 %
  Change in fair value of warrant liability *0.9*   (0.0 ) n/m *6.1*   3.5   74 %
  Depreciation, amortization and accretion *(28.2* *)* (26.0 ) (8 %) *(84.9* *)* (79.8 ) (6 %)
  Income tax expense *(0.9* *)* (2.6 ) 65 % *(4.9* *)* (7.1 ) 31 %
  Other^(3) *(7.9* *)* (3.2 ) (149 %) *(13.6* *)* (6.3 ) (114 %)
  Net loss^(4) *(13.9* *)* (5.6 ) (149 %) *(27.5* *)* (27.7 ) 1 %
  n/m - not meaningful            
  Notes:            
^(1) These are Non-GAAP measures and do not have standardized meanings under GAAP. Therefore, they are unlikely to be comparable to similar measures presented by other companies. For definitions and a reconciliation with most directly comparable GAAP measures, see “Non-GAAP Measures and Other Financial Measures; Basis of Presentation” herein.
   
^(2) Finance costs includes Interest Expense and Debt Modification and Extinguishment Costs. For a description of these costs, see "Finance Costs" below.
   
^(3) Other includes the following: Equity-based compensation, Loss on disposal and abandonment of assets, Acquisition and other nonrecurring costs and Other, net.
   
^(4) There was no gain or loss from discontinued operations in the periods presented. Thus, Loss from continuing operations presented in prior releases has been replaced with Net loss.
   
   

*Earnings per share*

    Three Months Ended
September 30,   *Nine months
ended
September 30,
2018* Period February
7, 2017 through
September 30,
2017
  (US dollars in millions except per unit data, unaudited)  *2018*   2017   
  * * * *     * *  
  Net loss attributable to Trilogy International * *     * *  
  Partners Inc. *($**8.4**)* ($4.1)   *($**16.3**)* ($15.6)
    * *     * *  
  *Weighted Average Common Shares Outstanding:* * *     * *  
  Basic  *54,042,355 *  42,764,260    *53,239,125 *   42,608,538 
  Diluted  *82,431,972 *  42,764,260    *82,106,475 *   81,729,586 
    * *     * *  
  *Loss Per Share:* * *     * *  
  Basic *($**0.15**)* ($0.10)   *($**0.31**)* ($0.37)
  Diluted *($**0.15**)* ($0.10)   *($**0.32**)* ($0.38)
 

*Finance costs  *

    Three Months Ended September 30, Nine Months Ended September 30,
  (US dollars in millions, unaudited) *2018* 2017 % Chg *2018* 2017 % Chg
  * *            
  Interest on borrowings, net of capitalized interest            
  New Zealand *2.7* 2.7 (2 %) *8.4* 8.1 3 %
  Bolivia *0.2* 0.2 (28 %) *0.7* 0.6 14 %
  Corporate *8.2* 8.2 1 % *24.6* 40.0 (38 %)
  Total interest on borrowings *11.1* 11.2 (1 %) *33.7* 48.7 (31 %)
          * *    
  Debt modification and extinguishment costs *4.2* - 100 % *4.2* 6.7 (37 %)
  Total finance costs *15.3* 11.2 37 % *37.9* 55.4 (32 %)
 

*Interest expense *

Interest expense decreased $0.1 million and $15.0 million for the three and nine months ended September 30, 2018, respectively, compared to the same periods in 2017, primarily due to the refinancing and repayment of the 13.375% Trilogy LLC senior secured notes due 2019 (the “Trilogy 2019 Notes”) in the aggregate principal amount of $450 million. In May 2017, Trilogy LLC issued 8.875% senior secured notes due 2022 (the “Trilogy 2022 Notes”) in the aggregate principal amount of $350 million and used the proceeds thereof, together with cash on hand, to repay the Trilogy 2019 Notes. This refinancing and repayment had the effect of reducing annualized interest costs from approximately $60 million to approximately $31 million.

*Debt modification and extinguishment costs *

Debt modification costs increased $4.2 million and decreased $2.5 million for the three and nine months ended September 30, 2018, respectively, compared to the same periods in 2017. The increase for the three months ended September 30, 2018 was due to the refinancing of the 2degrees’ existing senior debt facility during the period.

*Change in fair value of warrant liability*

As of February 7, 2017 in connection with the completion of the Arrangement, TIP Inc.’s issued and outstanding warrants were classified as a liability, as the warrants are written options that are not indexed to Common Shares. The warrant liability is marked-to-market each reporting period with the changes in fair value recorded as a gain or loss in the Condensed Consolidated Statement of Operations. The change in fair value of the warrant liability was due to changes in the trading price of warrants. For the three and nine months ended September 30, 2018, the non-cash gain increased $1.0 million and $2.6 million, respectively, compared to the same periods in 2017.

*Depreciation, amortization and accretion*

    Three Months Ended September 30, Nine Months Ended September 30,
  (US dollars in millions, unaudited) *2018* 2017 % Chg *2018* 2017 % Chg
  * *            
  New Zealand *16.7* 14.6 14 % *50.5* 45.2 12 %
  Bolivia *11.3* 11.3 (0 %) *33.9* 34.5 (2 %)
  Corporate *0.2* 0.1 206 % *0.4* 0.1 247 %
  Total depreciation, amortization and accretion *28.2* 26.0 8 % *84.9* 79.8 6 %

Depreciation, amortization and accretion increased $2.2 million and $5.1 million for the three and nine months ended September 30, 2018, respectively, compared to the same periods in 2017, due to the timing of capital expenditures towards network expansion projects to reduce roaming costs, continued LTE network overlay and software development enhancements.

*Income tax expense *

Income tax expense declined $1.7 million and $2.2 million for the three and nine months ended September 30, 2018, respectively, compared to the same periods in 2017, primarily due to lower pre-tax earnings in Bolivia.

*Other, net *

Other, net expenses increased $5.4 million and $5.2 million for the three and nine months ended September 30, 2018, respectively, compared to the same periods in 2017. These increases were primarily driven by a $4.5 million fine in Bolivia accrued in September 2018 related to network outage that occurred in 2015. NuevaTel intends to appeal this ruling.

*Managing our Liquidity and Financial Resources*

As of September 30, 2018, the Company had approximately $35.0 million in cash and cash equivalents of which $3.0 million was held by 2degrees, $11.2 million was held by NuevaTel, and $20.8 million was held primarily at headquarters. The Company also had approximately $4.0 million in short-term investments at corporate headquarters and $4.7 million of available capacity on the line of credit facility in New Zealand as of September 30, 2018. Cash and cash equivalents decreased $12.1 million since December 31, 2017. For the nine months ended September 30, 2018, cash was primarily used for investment in our network related to LTE overlay projects in New Zealand and Bolivia.

In November 2019, the license for 30 MHz of NuevaTel’s 1900 MHz spectrum holdings will expire. NuevaTel expects to renew the license and estimates that a payment of approximately $25 million will be due in the fourth quarter of 2019 prior to the expiration. The payment is expected to be funded with cash resources from a combination of NuevaTel’s operating cash flows, changes in the timing of property and equipment purchases, and potential strategic and operational initiatives in Bolivia.

*Operating, investing and financing activities *

    Three Months Ended September 30, Nine Months Ended September 30,
  (US dollars in millions, unaudited) *2018*   2017   % Chg *2018*   2017   % Chg
    * *     * *    
  Net cash provided by (used in): * *     * *    
  Operating activities *16.9*   28.7   (41 %) *29.1*   30.5   (4 %)
  Investing activities *(16.8* *)* (13.3 ) (26 %) *(38.5* *)* (73.0 ) 47 %
  Financing activities *2.5*   6.5   (62 %) *(2.6* *)* 81.9   (103 %)
  Net increase (decrease) in cash and cash equivalents *2.6*   21.9   (88 %) *(12.0* *)* 39.4   (130 %)
 

*Operating activities *

Cash flow provided by operating activities decreased by $1.3 million for the nine months ended September 30, 2018 compared to the same period in 2017. This change was mainly due to changes in certain working capital accounts, including an increase in EIP receivables driven by higher volume of EIPs added in 2018. This change was partially offset by a decrease in cash paid on interest due to a partial repayment in February 2017 and the refinancing in May 2017 of the Trilogy LLC notes due in 2019.

*Investing activities  *

Cash flow used in investing activities decreased by $34.5 million for the nine months ended September 30, 2018 compared to the same period in 2017, primarily due to a decrease in purchases of short-term investments during the nine months ended September 30, 2018.

*Financing activities*

Cash flow used in financing activities increased by $84.6 million for the nine months ended September 30, 2018 compared to the same period in 2017. This change is primarily due to the proceeds from the equity issuance that occurred on February 7, 2017, partially offset by the costs related to the refinancing in May 2017 of the Trilogy LLC notes due in 2019.

*Financial Guidance*

The following table presents the Company’s updated full-year 2018 guidance and reflects the Company’s third quarter results and current expectations for the remainder of the year. For our New Zealand business, our guidance excludes the impact of foreign exchange rates in 2018. For our Bolivian business, data pricing pressure in the market has impacted Service revenues and Adjusted EBITDA.

    *2018*
*Initial Guidance* *2018*
*Revised Guidance*
* * * * * * * *
  New Zealand * *  
  Service revenues Increase of 2% to 4% ^(1) Increase of approximately 2% ^(1) (2)
  Adjusted EBITDA Increase of 5% to 7% ^(1) Increase of 5% to 7%^(1)
    * *  
  Bolivia * *  
  Service revenues Increase of 1% to 3% Decrease of 9% to 11%
  Adjusted EBITDA Increase of 7% to 9% Decrease of 17% to 20%

^(1) Initial guidance assumed a foreign exchange rate for New Zealand of NZD/USD = $0.73, based on the then spot rate, a 3% benefit as compared to fiscal year 2017 NZD/USD rate of $0.71. As such, our initial guidance resulted in an increase of 5% to 7% for service revenues and an increase of 8% to 10% for Adjusted EBITDA. Growth in the table above has been updated to exclude the impact of foreign exchange rates and accounting changes.
^(2) Assumes a US$4 million reduction in low margin roamer revenues, which are reported within Wireless service revenues, as compared to initial guidance.

Consolidated Capital expenditures guidance for the full year 2018 were expected to be consistent with 2017. For our revised guidance, Capital expenditures in New Zealand are expected to remain consistent with 2017 and in Bolivia are expected to decrease between 25% and 30%.

The above information represents guidance for selected full-year 2018 consolidated financial metrics. The purpose of the financial outlook is to assist investors, shareholders, and others in understanding certain financial metrics relating to expected 2018 financial results for evaluating the performance of our business.

This information may not be appropriate for other purposes. Information about our guidance, including the various assumptions underlying it, is forward-looking and should be read in conjunction with “About Forward-Looking Information” below and the related disclosure and information about various economic, competitive, and regulatory assumptions, factors, and risks that may cause our actual future financial and operating results to differ from what we currently expect.

*Non-GAAP Measures and Other Financial Measures; Basis of Presentation*

In managing our business and assessing our financial performance, we supplement the information provided by the financial statements presented in accordance with GAAP with several customer-focused performance metrics and non-GAAP financial measures which are utilized by our management to evaluate our performance.  Although we believe these measures are widely used in the wireless industry, some may not be defined by us in precisely the same way as by other companies in the wireless industry, so there may not be reliable ways to compare us to other companies. Adjusted EBITDA represents Net loss (the most directly comparable GAAP measure) excluding amounts for: income tax expense; interest expense; depreciation, amortization and accretion; equity-based compensation (recorded as a component of General and administrative expense); (gain) loss on disposal and abandonment of assets; and all other non-operating income and expenses.  Adjusted EBITDA Margin is calculated as Adjusted EBITDA divided by Service Revenues. Adjusted EBITDA and Adjusted EBITDA Margin are common measures of operating performance in the telecommunications industry. We believe Adjusted EBITDA and Adjusted EBITDA Margin are helpful measures because they allow us to evaluate our performance by removing from our operating results items that do not relate to our core operating performance. Adjusted EBITDA and Adjusted EBITDA Margin are not measures of financial performance under GAAP and should not be considered in isolation or as a substitute for Net loss, the most directly comparable GAAP financial measure. Adjusted EBITDA and Adjusted EBITDA Margin are not defined in the same manner by all companies and may not be comparable to other similarly titled measures of other companies unless the definition is the same.

*Reconciliation of Adjusted EBITDA and EBITDA Margin *

    Three Months Ended September 30, Nine Months Ended September 30,
  (US dollars in millions, unaudited) *2018*   2017   % Chg *2018*   2017   % Chg
  * *            
  Net loss^(1) *(13.9* *)* (5.6 ) (149 %) *(27.5* *)* (27.7 ) 1 %
    * *     * *    
  Add: * *     * *    
  Interest expense *11.1*   11.2   (1 %) *33.7*   48.7   (31 %)
  Depreciation, amortization and accretion *28.2*   26.0   8 % *84.9*   79.8   6 %
  Debt modification and extinguishment costs *4.2*   -   100 % *4.2*   6.7   (37 %)
  Income tax expense *0.9*   2.6   (65 %) *4.9*   7.1   (31 %)
  Change in fair value of warrant liability *(0.9* *)* 0.0   n/m *(6.1* *)* (3.5 ) (74 %)
  Other, net *4.9*   (0.5 ) n/m *4.3*   (0.8 ) 616 %
  Equity-based compensation *1.1*   0.6   93 % *5.0*   1.9   157 %
  Loss on disposal and abandonment of assets *1.0*   0.3   224 % *1.0*   0.6   69 %
  Acquisition and other nonrecurring costs^(2) *0.8*   2.8   (71 %) *3.2*   4.6   (31 %)
  Consolidated Adjusted EBITDA *37.4*   37.3   % *107.7*   117.5   (8 %)
  Consolidated Adjusted EBITDA Margin *26.5* *%* 24.4 % n/m *24.6* *%* 25.7 % n/m
  n/m - not meaningful            
  Notes:            
^(1) There was no gain or loss from discontinued operations in the periods presented. Thus, Loss from continuing operations presented in prior releases has been replaced with Net loss.
   
^(2) 2017 periods primarily include costs related to the Company’s initial compliance and preparation expenses incurred in connection with the Arrangement and becoming a publicly traded entity. 2018 periods include costs related to the implementation of the new revenue recognition standard of approximately $0.5 million and $1.8 million for the three months and nine months ended September 30, 2018, respectively, among other nonrecurring costs.
   

*Other Information**Consolidated financial results – quarterly summary*

TIP Inc.’s operating results may vary from quarter to quarter because of changes in general economic conditions and seasonal fluctuations, among other things, in each of TIP Inc.’s operations and business segments. Different products and subscribers have unique seasonal and behavioral features. Accordingly, one quarter’s results are not predictive of future performance. 

Fluctuations in net income (loss) from quarter to quarter can result from events that are unique or that occur irregularly, such as losses or gains on the refinance of debt, foreign exchange gains or losses, changes in the fair value of derivative instruments, impairment of assets, and changes in income taxes.

The following table shows selected quarterly financial information prepared in accordance with GAAP.

                 
  (US dollars in millions unless otherwise noted, unaudited)   *2018*
  2017   2016
    *Q3* *Q2* *Q1*   Q4 Q3 Q2 Q1   Q4
          * *              
  Service revenues   *141.0*   *147.6*   *148.9*     143.5   153.0   151.4   152.2     154.6  
  Equipment sales   *49.4*   *50.5*   *53.8*     58.9   38.8   42.1   39.0     58.8  
  Total revenues   *190.4*   *198.1*   *202.7*     202.5   191.8   193.5   191.2     213.4  
  Operating expenses   *(184.2* *)* *(193.1* *)* *(200.4* *)*   (198.8 ) (184.1 ) (182.3 ) (179.5 )   (197.4 )
  Operating income   *6.3*   *5.0*   *2.3*     3.7   7.7   11.2   11.6     16.0  
  Interest expense   *(11.1* *)* *(11.5* *)* *(11.1* *)*   (11.1 ) (11.2 ) (18.5 ) (19.0 )   (18.3 )
  Change in fair value of warrant liability   *0.9*   *2.8*   *2.3*     5.6   -   3.5   -     -  
  Debt modification and
  extinguishment costs   *(4.2* *)* *-*   *-*     -   -   (6.7 ) -     -  
  Other, net   *(4.9* *)* *(0.5* *)* *1.0*     0.5   0.5   1.6   (1.2 )   2.4  
  (Loss) income before income taxes   *(13.0* *)* *(4.1* *)* *(5.5* *)*   (1.3 ) (3.0 ) (8.9 ) (8.6 )   0.1  
  Income tax expense   *(0.9* *)* *(2.2* *)* *(1.8* *)*   (1.0 ) (2.6 ) (1.8 ) (2.7 )   (0.1 )
  Net loss   *(13.9* *)* *(6.3* *)* *(7.3* *)*   (2.4 ) (5.6 ) (10.8 ) (11.3 )   -  
  Net loss attributable to noncontrolling
  interests and prior controlling interest   *5.5*   *2.9*   *2.8*     2.6   1.4   5.2   5.4     -  
  Net (loss) income attributable to TIP Inc.   *(8.4* *)* *(3.4* *)* *(4.5* *)*   0.3   (4.1 ) (5.5 ) (5.9 )   -  
  Net (loss) income attributable to TIP Inc.   * * * * * *              
  per share:^(1)   * * * * * *              
  Basic   *(0.15* *)* *(0.06* *)* *(0.09* *)*   0.01   (0.10 ) (0.13 ) (0.14 )    
  Diluted   *(0.15* *)* *(0.07* *)* *(0.09* *)*   (0.03 ) (0.10 ) (0.16 ) (0.14 )    
  Notes:   * * * * * *              
^(1) Earnings per share amounts have not been presented for any period prior to the consummation of the Arrangement, as the total net income (loss) of Trilogy LLC prior to February 7, 2017 was attributable to noncontrolling interests or prior controlling interest.
   
   

*Supplementary Information*

*Condensed Consolidated Statements of Operations*

    Three Months Ended September 30, Nine Months Ended September 30,
  (US dollars in millions, unaudited) *2018* 2017 *2018* 2017
  * *        
  *Revenues* * *      
  Wireless service revenues *122.8*   133.2   *379.7*   400.8  
  Wireline service revenues *15.0*   15.1   *46.0*   42.8  
  Equipment sales *49.4*   38.8   *153.7*   119.9  
  Non-subscriber international long distance and other revenues *3.3*   4.7   *11.8*   13.0  
  Total revenues *190.4*   191.8   *591.2*   576.4  
    * *   * *  
  *Operating expenses* * *   * *  
  Cost of service, exclusive of depreciation, amortization and accretion shown separately *48.0*   54.8   *153.6*   162.8  
  Cost of equipment sales *54.5*   44.8   *167.5*   136.0  
  Sales and marketing *23.9*   28.3   *76.0*   78.2  
  General and administrative *28.6*   30.0   *94.7*   88.5  
  Depreciation, amortization and accretion *28.2*   26.0   *84.9*   79.8  
  Loss on disposal and abandonment of assets *1.0*   0.3   *1.0*   0.6  
  Total operating expenses *184.2*   184.1   *577.6*   545.9  
  Operating income *6.3*   7.7   *13.6*   30.5  
           
  *Other (expenses) income*        
  Interest expense *(11.1* *)* (11.2 ) *(33.7* *)* (48.7 )
  Change in fair value of warrant liability *0.9*   (0.0 ) *6.1*   3.5  
  Debt modification and extinguishment costs *(4.2* *)* -   *(4.2* *)* (6.7 )
  Other, net *(4.9* *)* 0.5   *(4.3* *)* 0.8  
  Total other expenses, net *(19.2* *)* (10.7 ) *(36.1* *)* (51.1 )
  Loss before income taxes *(13.0* *)* (3.0 ) *(22.6* *)* (20.5 )
    * *   * *  
  Income tax expense *(0.9* *)* (2.6 ) *(4.9* *)* (7.1 )
  Net loss *(13.9* *)* (5.6 ) *(27.5* *)* (27.7 )
  Less: Net loss attributable to noncontrolling interest and prior controlling interest *5.5*   1.4   *11.2*   12.1  
  Net loss attributable to Trilogy International Partners Inc. *(8.4* *)* (4.1 ) *(16.3* *)* (15.6 )
    * *   * *  
  *Comprehensive (loss) income* * *   * *  
  Net loss *(13.9* *)* (5.6 ) *(27.5* *)* (27.7 )
  Foreign currency translation adjustments *(2.6* *)* (2.4 ) *(7.9* *)* 4.9  
  Net gain (loss) gain on derivatives and short-term investments *0.0*   (0.0 ) *0.0*   0.1  
  Other comprehensive (loss) income *(2.6* *)* (2.5 ) *(7.9* *)* 5.0  
  Comprehensive loss *(16.5* *)* (8.0 ) *(35.4* *)* (22.7 )
  Comprehensive loss attributable to noncontrolling interests and prior controlling interest *6.9*   2.7   *15.4*   6.3  
  Comprehensive loss attributable to Trilogy International Partners Inc. *(9.6* *)* (5.3 ) *(20.0* *)* (16.4 )
 
 

*Condensed Consolidated Balance Sheets*

    *September 30,* December 31,
  (US dollars in millions, unaudited) *2018* 2017
  * *    
  *ASSETS* * *  
  Current assets: * *  
  Cash and cash equivalents *35.0*   47.1
  Short-term investments *4.0*   24.2
  Accounts receivable, net *72.9*   75.0
  Equipment Installment Plan ("EIP") receivables, net *24.8*   17.2
  Inventory *29.7*   21.4
  Prepaid expenses and other current assets *21.5*   15.8
  Total current assets *187.8*   200.7
  * * * *  
  Property and equipment, net *387.7*   415.6
  License costs and other intangible assets, net *84.5*   100.3
  Goodwill *8.9*   9.5
  Long-term EIP receivables *24.6*   14.8
  Other assets *24.1*   20.1
  Total assets *717.7*   761.0
  * * * *  
  *LIABILITIES AND SHAREHOLDERS’ (DEFICIT) EQUITY* * *  
       
  Current liabilities: * *  
  Accounts payable *30.0*   33.6
  Construction accounts payable *27.3*   26.3
  Current portion of debt *7.6*   10.7
  Customer deposits and unearned revenue *15.2*   20.8
  Other current liabilities and accrued expenses *131.2*   128.9
  Total current liabilities *211.2*   220.2
    * *  
  Long-term debt *503.2*   496.5
  Deferred income taxes *1.4*   3.3
  Other non-current liabilities *34.0*   34.8
  Total liabilities *749.7*   754.8
    * *  
  Commitments and contingencies * *  
    * *  
    * *  
  Total shareholders’ (deficit) equity *(32.1* *)* 6.2
    * *  
  Total liabilities and shareholders’ (deficit) equity *717.7*   761.0
 
 

*Condensed Consolidated Statements of Cash Flows*

    Nine Months Ended September 30
  (US dollars in millions, unaudited) *2018* 2017
  * *    
  *Operating activities: * * *  
  Net loss *(27.5* *)* (27.7 )
  Adjustments to reconcile net loss to net cash provided by
operating activities: * *  
  Provision for doubtful accounts *11.4*   10.1  
  Depreciation, amortization and accretion *84.9*   79.8  
  Equity-based compensation *5.0*   1.9  
  Loss on disposal and abandonment of assets *1.0*   0.6  
  Non-cash interest expense, net *2.6*   2.7  
  Settlement of cash flow hedges *(1.0* *)* (1.3 )
  Change in fair value of warrant liability *(6.1* *)* (3.5 )
  Debt modification and extinguishment costs *4.2*   6.7  
  Non-cash loss from change in fair value on cash flow hedges *0.9*   1.4  
  Unrealized loss (gain) on foreign exchange transactions *1.0*   (0.3 )
  Deferred income taxes *(1.9* *)* 0.8  
  Changes in operating assets and liabilities: * *  
  Accounts receivable *(10.1* *)* (11.9 )
  EIP receivables *(21.7* *)* (0.5 )
  Inventory *(9.9* *)* 5.6  
  Prepaid expenses and other current assets *(6.4* *)* (0.2 )
  Other assets *(4.4* *)* (4.5 )
  Accounts payable *(3.1* *)* (9.6 )
  Other current liabilities and accrued expenses *14.9*   (15.9 )
  Customer deposits and unearned revenue *(4.8* *)* (3.9 )
  Net cash provided by operating activities *29.1*   30.5  
  * * * *  
  * Investing activities: * * *  
  Purchase of property and equipment *(58.3* *)* (56.2 )
  Maturities and sales of short-term investments *29.2*   23.9  
  Purchase of short-term investments *(8.9* *)* (38.1 )
  Purchase of spectrum licenses and other additions to license costs *(0.7* *)* (3.2 )
  Other, net *0.3*   0.6  
  Net cash used in investing activities *(38.5* *)* (73.0 )
    * *  
  * Financing activities: * * *  
  Proceeds from debt *297.6*   467.6  
  Payments of debt *(285.6* *)* (570.6 )
  Dividends to shareholders and noncontrolling interest *(7.6* *)* (0.5 )
  Debt issuance, modification and extinguishment costs *(6.9* *)* (9.2 )
  Other, net *(0.2* *)* -  
  Proceeds from equity issuance, net of issuance costs *-*   199.3  
  Payment of financed license obligations *-*   (4.4 )
  Purchase of shares from noncontrolling interest *-*   (1.7 )
  Capital contributions from equity holders *-*   1.4  
  Net cash (used in) provided by financing activities *(2.6* *)* 81.9  
    * *  
   Net (decrease) increase in cash and cash equivalents *(12.0* *)* 39.4  
   Cash and cash equivalents, beginning of period *47.1*   21.2  
   Effect of exchange rate changes *(0.2* *)* 0.5  
   Cash and cash equivalents, end of period *35.0*   61.1  
 
 

*About Forward-Looking Information**Forward-looking information and statements*

This press release contains “forward-looking information” within the meaning of applicable securities laws in Canada and “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 of the United States of America.  Forward-looking information and forward–looking statements may relate to our future outlook and anticipated events or results and may include information regarding our financial position, business strategy, growth strategies, budgets, operations, financial results, taxes, dividend policy, new credit facilities, plans and objectives. In some cases, forward-looking information can be identified by the use of forward-looking terminology such as “estimates”, “plans”, “targets”, “expects” or “does not expect”, “an opportunity exists”, “outlook”, “prospects”, “strategy”, “intends”, “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might”, “will”, “will be taken”, “occur” or “be achieved”. In addition, any statements that refer to expectations, intentions, estimates, projections or other characterizations of future events or circumstances contain forward-looking information and statements.

Forward-looking information and statements are provided for the purpose of assisting readers in understanding management’s current expectations and plans relating to the future. Readers are cautioned that such information and statements may not be appropriate for other purposes. Forward-looking information and statements contained in this presentation are based on our opinions, estimates and assumptions in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we currently believe are appropriate and reasonable in the circumstances. These opinions, estimates and assumptions include but are not limited to: general economic and industry growth rates; currency exchange rates and interest rates; product pricing levels and competitive intensity; income tax; subscriber growth; pricing, usage, and churn rates; changes in government regulation; technology deployment; availability of devices; timing of new product launches; content and equipment costs; vendor and supplier performance; the integration of acquisitions; industry structure and stability; and data based on good faith estimates that are derived from management’s knowledge of the industry and other independent sources. Despite a careful process to prepare and review the forward-looking information and statements, there can be no assurance that the underlying opinions, estimates and assumptions will prove to be correct.

Numerous risks and uncertainties, some of which may be unknown, relating to TIP Inc.’s business could cause actual events and results to differ materially from the estimates, beliefs and assumptions expressed or implied in the forward-looking information and statements. Among such risks and uncertainties, are those that relate to Trilogy LLC’s and TIP Inc.’s history of losses; TIP Inc.’s and Trilogy LLC’s status as holding companies; TIP Inc.’s significant level of indebtedness and the refinancing, default and other risks, as well as limits, restrictive covenants and restrictions resulting therefrom; TIP Inc.’s or Trilogy LLC’s ability to incur additional debt despite their indebtedness levels; TIP Inc.’s or Trilogy LLC’s ability to refinance their indebtedness; the risk that TIP Inc.’s or Trilogy LLC’s credit ratings could be downgraded; TIP Inc. having insufficient financial resources to achieve its objectives; risks associated with any potential acquisition, investment or merger; the significant political, social, economic and legal risks of operating in Bolivia; TIP Inc.’s operations being in markets with substantial tax risks and inadequate protection of shareholder rights; the need for spectrum access; the regulated nature of the industry in which TIP Inc. participates; the use of “conflict minerals” and the effect thereof on availability of certain products, including handsets; anti-corruption compliance; intense competition; lack of control over network termination, roaming and international long distance revenues; rapid technological change and associated costs; reliance on equipment suppliers; subscriber “churn” risks, including those associated with prepaid accounts; the need to maintain distributor relationships; TIP Inc.’s future growth being dependent on innovation and development of new products; security threats and other material disruptions to TIP Inc.’s wireless networks; the ability of TIP Inc. to protect subscriber information and cybersecurity risks generally; health risks associated with handsets; litigation, including class actions and regulatory matters; fraud, including device financing, customer credit card, subscription and dealer fraud; reliance on limited management resources; risks associated with the minority shareholders of TIP Inc.’s subsidiaries; general economic risks; natural disasters including earthquakes; foreign exchange and interest rate changes; currency controls; interest rate risk; TIP Inc.’s ability to utilize carried forward tax losses; risks that TIP Inc. may not pay dividends; tax related risks; TIP Inc.’s dependence on Trilogy LLC to pay taxes and other expenses; Trilogy LLC may be required to make distributions to TIP Inc. and the other owners of Trilogy LLC; differing interests among TIP Inc’s. and Trilogy LLC’s equity owners in certain circumstances; an increase in costs and demands on management resources when TIP Inc. ceases to qualify as an “emerging growth company” under the U.S. Jumpstart Our Business Startups Act of 2012; additional expenses if TIP Inc. loses its foreign private issuer status under U.S. federal securities laws; volatility of TIP Inc.’s common shares price; dilution of TIP Inc.’s common shares; market coverage; TIP Inc.’s internal controls over financial reporting; new laws and regulations; and risks as a publicly traded company, including, but not limited to, compliance and costs associated with the U.S. Sarbanes-Oxley Act of 2002 (to the extent applicable).  

Although we have attempted to identify important risk factors that could cause actual results to differ materially from those contained in forward-looking information and statements in this presentation, there may be other risk factors not presently known to us or that we presently believe are not material that could also cause actual results or future events to differ materially from those expressed in such forward-looking information in this presentation.  Please see our continuous disclosure filings available under TIP Inc.’s profile at www.sedar.com and at www.sec.gov for information on the risks and uncertainties associated with our business.

Readers should not place undue reliance on forward-looking information and statements, which speak only as of the date made. The forward-looking information and statements contained in this presentation represent our expectations as of the date of this presentation or the date indicated, regardless of the time of delivery of the presentation. We disclaim any intention or obligation or undertaking to update or revise any forward-looking information or statements whether as a result of new information, future events or otherwise, except as required under applicable securities laws.

   
*Investor Relations Contacts*  
   
Ann Saxton Erik Mickels
425-458-5900 425-458-5900
Ann.Saxton@trilogy-international.com Erik.Mickels@trilogy-international.com
Vice President, Investor Relations & Corporate Development Chief Financial Officer
   
   
*Media Contact*  
   
Ann Saxton  
425-458-5900  
Ann.Saxton@trilogy-international.com  
Vice President, Investor Relations & Corporate Development   Reported by GlobeNewswire 12 hours ago.

Barbara Jonas, Who Traded Art Collecting for Philanthropy, Dies at 84

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She and her husband began a family foundation to improve nursing, help veterans and protect children from environmental hazards. Reported by NYTimes.com 11 hours ago.

Uma Thurman comes to Dallas, Veterans Day and holiday events start and UTD stages 'Julius Caesar'

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Reported by DallasNews 11 hours ago.

Mercy College Opens New TD Bank Veterans Center on Dobbs Ferry Campus

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Mercy College has opened the new TD Bank Veterans Center on its Dobbs Ferry Campus. The facility was made possible with the financial support of a $25,000 grant from the TD Charitable Foundation, the charitable giving arm of TD Bank, America’s Most Convenient Bank®. Mercy College serves close to 300 veteran students, 150 of which call the Dobbs Ferry Campus their home.

DOBBS FERRY, N.Y. (PRWEB) November 07, 2018

Mercy College has opened the new TD Bank Veterans Center on its Dobbs Ferry Campus. The facility was made possible with the financial support of a $25,000 grant from the TD Charitable Foundation, the charitable giving arm of TD Bank, America’s Most Convenient Bank®. Mercy College serves close to 300 veteran students, 150 of which call the Dobbs Ferry Campus their home.

The TD Bank Veterans Center will provide veterans with a personalized space that will be used for peer-to-peer mentoring, study groups, programming and a place of solitude to study. The Center includes a state-of-the-art study center, complete with computers, a laser jet color printer, study tables and bookshelves. The space also includes a space to relax, with recliners and a mini kitchen that includes a refrigerator and coffee maker.

“The TD Bank Veterans Center will further facilitate our soldiers’ transition to students and into successful careers,” said Tim Hall, Mercy College President. “We are proud to serve so many veteran students on Mercy’s Dobbs Ferry Campus, and we are thankful to TD Bank, whose donation was instrumental in making the Veterans Center possible.”

"Our country's veterans have made sacrifices to ensure the freedom that we all enjoy,” said Stephen Moroney, TD Bank Senior Vice President. “When they return from service they deserve the support of their communities as they embark on the next chapter of their lives. The Mercy College TD Bank Veterans Center is providing that support and we at TD are proud to partner with Mercy College in this endeavor."

Designated as a “Yellow Ribbon” institution by the U.S. Department of Veterans Affairs, Mercy College offers courses specifically designed for armed forces members and military veterans who wish to advance their education or career during and after their service. The Personalized Achievement Contract Program (PACT) assigns a professionally trained mentor to each student for one-on-one engagement, to assist with academic life, financial aid and successful career development. Veterans and those serving on active duty have their own assigned PACT counselor, Viviana DeCohen, who is a veteran of the Marine Corps.

“This new facility will give the military reservists and veterans of Mercy College access to the resources they require,” said Viviana DeCohen, Military & Veterans PACT Counselor. “This is an opportunity to empower these students so they can advance themselves socially and academically.”

This contribution supports TD's longstanding commitment to community enrichment through its newly launched Ready Commitment, a multi-year platform that actively promotes inclusivity, economic vitality, environmental wellbeing and health, enabling people of all backgrounds to succeed in a rapidly changing world. As part of The Ready Commitment, TD targets CDN $1 billion (US $775 million) in total by 2030 towards community giving in four critical areas: Financial Security, a more Vibrant Planet, Connected Communities and Better Health. Through this platform, TD aspires to create a more inclusive tomorrow -- helping people of all backgrounds feel more confident, not just about their finances, but about their ability to achieve their goals. For information, visit td.com/thereadycommitment.

About the TD Charitable Foundation
The TD Charitable Foundation is the charitable giving arm of TD Bank, America’s Most Convenient Bank®, one of the 10 largest commercial banking organizations in the United States. Since its inception in 2002, the Foundation has distributed nearly $199 million and more than 19,400 grants through donations to local nonprofits from Maine to Florida. More information on the TD Charitable Foundation, including the online grant application, is available at TDBank.com

About TD Bank, America's Most Convenient Bank®
TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 9 million customers with a full range of retail, small business and commercial banking products and services at more than 1,200 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth®, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit http://www.tdbank.com. Find TD Bank on Facebook at http://www.facebook.com/TDBank and on Twitter at http://www.twitter.com/TDBank_US. TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD". To learn more, visit http://www.td.com.

About Mercy College
Mercy College is the dynamic, diverse New York City area college whose students are on a personal mission: to get the most out of life by getting the most out of their education. Founded in 1950, Mercy is a coeducational and nonsectarian college that offers more than 90 undergraduate and graduate degree and certificate programs within five schools: Business, Education, Health and Natural Sciences, Liberal Arts and Social and Behavioral Sciences. With campuses in Dobbs Ferry, Bronx, Manhattan and Yorktown Heights, the vibrancy of the College culture is sustained by a diverse student body from around the region. Reported by PRWeb 11 hours ago.

Influx of military veterans heads to Washington

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WASHINGTON - Among the winners in America's bitter midterm elections were dozens of military veterans, whose "mission first" mindset could help in a deeply divided Congress where the notion of bipartisanship has all but disappeared. Reported by Bangkok Post 10 hours ago.

The Argument For Changing 'Veterans Day' Back to 'Armistice Day'

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The Argument For Changing 'Veterans Day' Back to 'Armistice Day' Watch VideoVeterans Day is celebrated in the U.S. every year on November 11. That's because World War I effectively ended on that day 100 years ago with the signing of an armistice calling for a ceasefire.

November 11 is known as "Armistice Day" in many European countries. And that's also what the U.S. called the holiday until 1954. But in the aftermath of World War II and the Korean War, Congress dropped "Armistice Day" and adopted "Veterans Day" instead to honor all American veterans.

Even if that name swap happened more than 60 years ago, some critics are still unhappy about it. One particular group that wants to "reclaim Armistice Day" is Veterans For Peace.

The non-profit wants Americans to remember that the holiday was originally meant to celebrate peace and not militarism. In order to do that, Veterans For Peace is organizing events and vigils around the country to encourage attendees to question the meaning of Veterans Day.

"So giving people an opportunity to reflect and to remember, and hopefully come away with a deeper appreciation about the service of veterans and the deeper meaning of what it means to serve in a war and hopefully to not repeat those mistakes," explained Veterans For Peace member, Joshua Shurley.

Veterans For Peace member Joshua Shurley served in the U.S. army in the '90s. Later in life, he got a PhD studying the effects of U.S. military interventions in Africa — and his views on the U.S. military dramatically changed.

"It was that experience, talking to civilians, talking to people affected by supported interventions, that really got me seeing what our militarism looks like on the other side; what it looks like for the people who are experiencing it. Because it looks a lot different from their point of view," Shurley said. 

Shurley added: "We dropped honoring and commemorating the sacrifice of all civilians, and of all people affected by war. And so now, we're just focusing on the veterans. And we're focusing on displays of militarism, on parades, on flag-waving. And that seems a little shallow and frankly, a little cheap. And I think we can do better than that." 

"What would you say to those who claim that trying to change the traditions of Veterans Day would be unpatriotic?" asked Newsy's Ben Schamisso.

"Dissent is the highest form of patriotism. And so if we are not — as citizens — holding our government accountable and asking tough questions, we're not really honoring our military when we're sending them off to fight in meaningless wars," Shurley said. Reported by Newsy 10 hours ago.

Larry Drew responds to the reports of veterans critiques of Collin Sexton

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Larry Drew  responds to the reports of veterans critiques of Collin Sexton The Cavs coach defends the 19-year old rookie. Reported by FOX Sports 7 hours ago.

Poppy boxes stolen from Tim Hortons, library in Coquitlam, B.C.

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Two Royal Canadian Legion poppy donation boxes meant to collect money for veterans have been stolen in Coquitlam, B.C. Reported by CTV News 6 hours ago.

UK to feed thousands of Commonwealth veterans

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UK to feed thousands of Commonwealth veterans Britain will spend nearly £12m investment two foods an afternoon for hundreds of Commonwealth veterans who served within the British army however are actually in want. Penny Mordant, the world building secretary, introduced the transfer nowadays, which can lend a hand some four,500 former carrier body of workers in addition to some 2,500 widows or … Reported by The News Articles 4 hours ago.

UK aid to be used to provide thousands of Commonwealth veterans with food and cash transfers

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'The British public would be shocked to know that those who have served alongside our armed forces would be living in such poverty. It is absolutely right to make this commitment' Reported by Independent 3 hours ago.

Morgan Stanley and Jericho Project Light Up Broadway to Help Build Awareness for Veterans Homelessness

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In Honor of Veterans Day, Morgan Stanley’s Times Square Jumbotron Spotlights Jericho Project Veterans Initiative before 450,000 Daily Visitors throughout November

NEW YORK (PRWEB) November 08, 2018

Global financial services leader Morgan Stanley and Jericho Project, a New York City nonprofit, have joined forces to celebrate veterans and raise awareness of veterans homelessness among millions of people who will visit NYC’s Times Square during the month of November.

Through their “Lights on Broadway” campaign, Morgan Stanley will feature veterans, who reside in Jericho’s residences, on multiple digital jumbotrons/billboards at their corporate headquarters at 1585 Broadway (47th & 48th Street). The campaign will run daily throughout the month of November from 6 AM – 1 AM and is expected to be viewed by an average of 450,000 people passing daily through the popular tourist destination as well as on social media outlets.

"I feel honored to be in this campaign representing the Armed Forces of America. The message I have for all veterans is to stand tall and be strong,” said Mark Williams, a veteran who served in the U.S. Army and is featured in the campaign.

Jericho Project began its Veteran’s Initiative in 2006 when CEO Tori Lyon foresaw the growing need to provide permanent housing for veterans returning home from service in Iraq and Afghanistan. Today, Jericho serves nearly 700 veterans through three state-of-the-art residences located in the Bronx that includes employment and social services.

“Jericho Project is excited to have been selected by Morgan Stanley as we engage New Yorkers and visitors around the world in ending veterans homelessness,” said Jericho Project CEO Tori Lyon.    

Jericho Project: Founded in 1983, Jericho Project’s mission is to end homelessness at its roots by creating a community that inspires individual change, fosters sustainable independence, and motivates men and women to reach their greatest potential. http://www.jerichoproject.org | jerichoproject1983 Reported by PRWeb 2 hours ago.

Remembering a hereditary chief with a brilliant mind killed in action in France

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In August 1944, Edward Clutesi — of the Tseshaht First Nation — was killed while fighting in the Battle of Normandy and the retaking of Caen. He is one of thousands of Indigenous people who fought for Canada and is remembered on National Aboriginal Veterans Day. Reported by CBC.ca 1 hour ago.

Lead Battery Industry Recognizes Veterans Day with Year-Round Support of Vets, Their Families

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Company Programs Model How to Recruit, Mentor and Ease Transition to Civilian Workforce

WASHINGTON (PRWEB) November 08, 2018

The lead battery industry is marking Veterans Day 2018, the 100th anniversary of the end of World War I, with dual gratitude for our country’s veterans and active military: First, for their loyal service and sacrifice, and second, for the valuable skills and experience they bring to careers in lead battery manufacturing, recycling and among suppliers.

According to the Institute for Veterans and Military Families, 200,000 servicemen and women separate from active duty in the U.S. military each year. Many employers compete for the training and abilities service members bring to the workforce. But transitioning from military to civilian life can be challenging.

Kevin Moran knows this firsthand. He is executive vice president of Battery Council International (BCI) and a former sergeant in the U.S. Army. Moran said his industry is committed to easing that transition.

“The lead battery industry places a priority on hiring, mentoring and retaining those who have sacrificed to preserve our freedoms,” Moran said. “While in uniform, lead batteries supported service members in many ways, including land, air and sea transportation. It’s only right, that we continue to honor and support them in civilian life.”

How BCI Supports Military Employees
BCI member companies participate in dozens of programs to help service members transition to the private workforce, including Heroes Make America, Veterans Jobs Mission, Allies in Service and more. Here are additional examples.

East Penn Manufacturing: Founded by Air Force Veteran
East Penn Manufacturing operates the largest single-site, lead battery manufacturing facility in the world. It is unrecognizable from its humble launch in 1946 by a young Air Force veteran. Today, East Penn continues to hire veterans like its founder. Consistently ranked as a best place to work, East Penn received the Above and Beyond Award for Support of the Military through the Department of Defense. The award recognizes employers who support members of the active reserves while they serve and still maintain civilian employment. “East Penn has supported my military career for about 25 years,” says Barry Frain assistant plant manager. “When I was deployed, East Penn continued to contribute to and maintain health insurance for me and my family. Normally, you would switch to military insurance during deployment, but East Penn’s philosophy is that when you are deployed, they don’t want you worried about what’s happening at home, but instead to focus on where you are. Leadership also checked in with my family while I was gone. It’s a support network that’s tremendous.”

Frain noted that as his responsibilities and rank within the military grew, East Penn supported additional time off to serve beyond the customary two weeks. Frain pointed out that these high levels of support are companywide and not just for him. Last year Frain retired from the U.S. Marine Corps after serving for 30 years, including the first Gulf War, several tours of duty in Iraq and U.S. posts for homeland security.

Johnson Controls: Seeking Veteran Work Ethic
Johnson Controls, a global technology company and battery manufacturer, employs a former military recruiter to recruit servicemen and women for careers. Ray Cuttino who leads this talent acquisition effort for the Milwaukee-based company says military training provides the foundation for an excellent employee.

“The number one reason in my mind for recruiting military is the work ethic; the ability to show up every day and give 100 percent.” In addition to the employees’ mission mindset, Cuttino added, “Their leadership ability, flexibility and drive to get things done fits well within our culture.” The company partners with more than a dozen organizations committed to the military community and has also formed Veterans Resources Groups at several locations to provide support for their employees.

Exide Technologies: Intentionally Recruiting Veterans
Exide, a worldwide leader in electrical storage solutions, is one of 22 U.S. manufacturing companies recognized as Military Friendly®. That means it has met (and exceeded) a standard that measures an organization’s commitment, effort and success in creating sustainable and meaningful benefit for the military community. In addition to employment opportunities, Exide provides philanthropic support to local veterans in a partnership with Green Veterans. Earlier this year Georgia State Senator John Albers commended Exide for donating iPads to veterans.

Interstate Batteries: Hiring Veterans is Part of “Values Mission” Hiring Initiative
Hiring veterans is a natural extension of Interstate Batteries’ purpose and values, said Chris Montoya, corporate recruiter. “We want to enrich lives as we deliver the most trustworthy source of power to the world.” He said it’s a cornerstone for the company’s Values Mission Hiring Initiative that provides potential career opportunities to active military, veterans and military spouses. In June, Interstate was honored by the Department of Labor for its leadership in veteran outreach. Interstate also partners with many military-focused service organizations like Allies in Service, Folded Flag, Hiring Our Heroes and the Bush Foundation.

Hammond Group, Inc.: Supporting Veteran Appreciation Day
This year, the company is a corporate sponsor of Hammond, Indiana’s 5th Annual Veteran Appreciation Day to honor veterans and active military personnel. The company’s contribution will help support the popular local parade that features antique military vehicles, honor guards and a flyover by the entertaining Lima Lima Flight Team. Stephanie Smith, corporate marketing coordinator, noted that, “As a member of this community for nearly 100 years, we are active in a number of civic programs. But it’s a point of pride to recognize of our country’s veterans.”

For More Information
Battery Council International is the North American trade association representing lead based-battery manufacturers, suppliers, recyclers, and distribution companies – a total of approximately 250 companies and 20,000 employees. For more information on the association, visit batterycouncil.org.

Essential Energy Everyday exists to increase awareness of the critical importance of lead batteries in powering our daily lives. It encourages continued investment in sustainable lead battery technology to store and provide energy on demand. Its initiative is supported by the two global trade associations that represent the lead battery and lead industries, Battery Council International and the International Lead Association. Reported by PRWeb 19 minutes ago.

Envision Solar’s European Patent for EV ARC™ Products Approved

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SAN DIEGO, Nov. 08, 2018 (GLOBE NEWSWIRE) -- Envision Solar International, Inc., (OTCQB: EVSI) (“Envision Solar,” or the “Company”), the leading producer of unique and sustainable infrastructure products for electric vehicle charging, energy security and outdoor media, announced today that the European Patent Office has approved a patent for the Company’s EV ARC™ products.The European patent for the Company’s EV ARC™ product has been assigned publication No. EP3377828, issued on September 26^th, 2018. The Company recently announced the issuance of a Chinese patent for its EV ARC™ product and a US patent for its Transformer ARC™ product to add to its growing intellectual property portfolio. The Company’s EV-Standard™ and UAV ARC™ are patent pending and in advance stage product development.

“Our core US business is going from strength to strength and we fully intend to take advantage of what we believe are meaningful international opportunities.  We are growing our intellectual property portfolio both in scope and geographically. Our patented EV ARC™ is now covered in China and Europe – two of the fastest growing markets for EVs in the world. I’m confident that EV-Standard, UAV ARC and our other developing products will enjoy equal or greater success,” said CEO Desmond Wheatley.

According to Forbes the European Union (EU) has one of the most ambitious carbon emission reduction goals under the global Paris Agreement on climate change – a 95% reduction by 2050. According to EU News cars and vans produce 15% of EU’s CO2 emissions. The EU is working on legislation to toughen car emission standards and Parliament is calling for measures to facilitate the shift to electric and hybrid vehicles.

Invented and manufactured in California, the patented EV ARC™ and EV ARC™ HP products fit inside single parking spaces without reducing available parking. EV ARC™ generates enough clean solar electricity to power up to 225 miles of EV driving in a day. EV ARC™ HP DC fast charging systems provide up to 1100 miles per day. The EV ARC™ system’s solar electrical generation is enhanced by EnvisionTrak™ (patented) which causes the solar array to follow the sun, generating up to 25% more electricity than a fixed array. The energy is stored in the EV ARC™ product’s on-board energy storage for charging day or night, and to provide EV charging and emergency power during grid failure. The EV ARC™ product is a permanent solution that provides Level I, Level II and DC Fast Charging but because it requires no trenching, foundations or installation work of any kind, it is deployed in minutes and can be moved to a new location with ease.  EV ARC™ products are manufactured in the company’s San Diego facility by combat veterans, individuals with disabilities, and other minority demographics and highly talented, mission-driven team members.

About Envision Solar International, Inc.

Envision Solar, www.envisionsolar.com, is a sustainable technology innovation company whose unique and patented products include the EV ARC™ and the Solar Tree® with EnvisionTrak™ patented solar tracking, SunCharge™ solar Electric Vehicle Charging, ARC™ technology energy storage, and EnvisionMedia solar advertising displays. 

Based in San Diego, the company produces Made in America products. Envision Solar is listed on the OTC Bulletin Board under the symbol [EVSI]. For more information visit www.envisionsolar.com, call (858) 799-4583. Follow us on social to keep up with the latest news: Facebook, Twitter, Instagram, and YouTube.

Forward-Looking Statements 

This, Envision Solar International, Inc., Press Release may contain forward-looking statements regarding future events or our expected future results that are subject to inherent risks and uncertainties.  All statements in this report other than statements of historical facts are forward-looking statements.  Forward-looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may,” or other words and similar expressions that convey the uncertainty of future events or results.  Statements contemplating or making assumptions regarding actual or potential sales, market size, and demand, prospective business contracts, customer orders, trends or operating results also constitute forward-looking statements.  Our actual results may differ substantially from those indicated in forwarding-looking statements because our business is subject to significant economic, competitive, regulatory, business and industry risks which are difficult to predict and many of which are beyond our control.  Our operating results, financial condition, and business performance may be adversely affected by a general decline in the economy, unavailability of capital or financing for our prospective customers to purchase products and services from us, competition, changes in regulations, a decline in the demand for solar energy, a lack of profitability, a decline in our stock price, and other risks.  We may not have adequate capital, financing or cash flow to sustain our business or implement our business plans.  Current results and trends are not necessarily indicative of future results that we may achieve.

Contact:           
Lucia Asbury
Envision Solar International, Inc.
(858) 799-4583
gosolar@envisionsolar.com Reported by GlobeNewswire 22 minutes ago.

Australia questions how to honour its veterans

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Priority boarding, US-style salutes and A$500m for a memorial among ideas fuelling discussion Reported by FT.com 12 hours ago.

Northern Ireland veteran says he feels 'uncomfortable' over Troubles probes

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Northern Ireland veteran says he feels 'uncomfortable' over Troubles probes Tory MPs have led the opposition to British veterans facing legal action over incidents linked to the Troubles. Reported by MailOnline 11 hours ago.

Harris Teeter Honors Veterans, Military Families with Veteran’s Day Discount

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Company Proud to Continue Commitment to Service Members

MATTHEWS, N.C. (PRWEB) November 08, 2018

Harris Teeter announced today its Nov. 11 promotion which is targeted to honor and thank all those who serve or who have served in the United States Armed Forces. Veterans and active duty military who shop at any Harris Teeter location on Nov. 11, 2018 will receive an 11 percent discount*, with a valid VIC card, after all coupons and discounts are deducted.

The offer is valid for all military personnel who are active, reserve, retired or disabled veterans and their family members, with a valid, government-issued military ID card.

Harris Teeter shoppers support the company every day, and Harris Teeter makes it a priority to give back to its communities as well by supporting food banks, local schools, youth sports organizations, disaster relief efforts and United Way. Harris Teeter also feels strongly about honoring American veterans as well as those who continue to serve our country.

The company understands the major sacrifices military members and their family members make and the subsequent impact those sacrifices have on the community. That is why Harris Teeter has shown support for military service members and their family members over the years.

Since 2012, Harris Teeter has raised over $5.2 million for military members and their families through its Support Our Troops campaign, which benefits USO.

In March 2014, Harris Teeter introduced reserved parking spaces for Veterans.

Additionally, each November, Harris Teeter and MillerCoors host an annual Operation Homefront Thanksgiving Feast which provides 400 military families at the Washington D.C. National Guard Armory with traditional holiday dinners.

Harris Teeter would like to thank former and current military members, their families and all American veterans; for more information about the Nov. 11, 2018 discount, please visit harristeeter.com.

*Excludes Pharmacy, alcohol, fuel, tobacco, tickets and gift cards.

http://www.harristeeter.com

Harris Teeter, with headquarters in Matthews, N.C., is a wholly-owned subsidiary of The Kroger Co. (NYSE: KR). The regional grocery chain employs approximately 30,000 associates and operates stores in North Carolina, South Carolina, Virginia, Georgia, Maryland, Delaware, Florida and the District of Columbia. Reported by PRWeb 11 hours ago.

Mexico roster reflects El Tri's transitional period

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Mexico roster reflects El Tri's transitional period Tuca Ferretti's squad to face Argentina features some familiar veterans and some young prospects, showing the moment the team finds itself in Reported by Goal.com 9 hours ago.
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