Question-and-Answer Session
Operator
(Operator instructions). First question is from Clayton Moran, Stanford Group. Please go ahead.
Clayton Moran - Stanford Group
Good morning. I have just one question, but it's really separated into a few different parts. Around the 2009 guidance, if you could give us more insight into some of the assumptions on the items I'm looking for would be; what you're assuming in regards to churn, what it implies in regard to same tower growth, what you're assuming in regards to Clearwire, what's the scenario whereby you get to the bottom end of the site leasing revenue range? And then lastly, do you assume any contribution to EBITDA from the site development segment?
Jeff Stoops
So, that was one question, clay? Let me give that a shot. As we mentioned in the press release, we are looking at slightly higher in absolute dollar incremental revenue growth next year than we will experience in '08. And very roughly, that's because we do expect some contribution from Clearwire and Cox and basically we expect everything else on every other customer that we've had in '08 to be relatively similar in terms of activity in '09. That's roughly how we got there.
The actual amount for Clearwire is not that great, because as you know, given the way our numbers work, you really have to have leases signed up by the middle of the year to impact the 2009 financial results. So, you're only going to really get a half year of activity operationally that will go into the 2009 results. And roughly, Clay, Clearwire is in there for about $1.5 million. Obviously, that will grow quite a bit in 2010 but because of the timing of the way things work operationally, that's the continue probation for '09.
In terms of same-tower, it's on a cash basis, it's around 10%, although, you don't see that in the financials because we're starting to lose GAAP revenue based on the impact of the FAS 13, straight lining of revenue impact as mentioned in the press release. But other than that, we're really expecting a stable year as we move from '08 into '09 again with a little slight increase in the cash contribution from Clearwire and Cox, but it doesn’t really add a whole lot to the expected '09 times numbers and I think you'll see that a lot more in the '10 numbers.
Clayton Moran - Stanford Group
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