Question-and-Answer Session
Operator
(Operator Instructions) Our first question comes from the line of Simon Flannery with Morgan Stanley.
Simon Flannery - Morgan Stanley
Bill, can you talk about 2010 build plans? I see you have reiterated the up to $120 million. But obviously you’ve been sort of focused on getting the capital together. Now that you’ve got the capital, is there a restarting process to go and really aggressively build to some of the next markets and does that sort of make it more of a second half of 2010? You know, what are the variables between say getting to 80, 90, 100 million versus $120 million? Thanks.
William T. Morrow
You know, we have had such a high degree of confidence that we were going to be able to secure additional funding. The way we approached the network build was to be able to have a fall-back or a pull-back should the financing not come together. But because of that approach, we were able to stay on track with developing the sites. We’ve done a lot of work within John Saw’s organization to prepare us for that. So we don’t see any hiccup whatsoever for building the 2010 sites. I will say, however, again as we look at every market that we launch, we want to study the data to optimize the value going forward. There could be some fine tunes in suites that we expect in 2010 but at this point, we are on track for the plan that we have announced publicly.
Simon Flannery - Morgan Stanley
Thank you.
Operator
Our next question comes from the line of Rick Prentiss with Raymond James.
Rick Prentiss - Raymond James
Kind of piggy-backing on Simon’s question there, I think previously you had mentioned to get to the 120 million POPs, you had a funding gap of $2.0 billion to $2.3 billion. With the $1.8 billion plus today, can you update us as far as how much more you need to get to that 120 million POPs? And also, just an update maybe as far as what you are seeing as you open up markets as far as how much CapEx you are spending to build the market and how much OpEx burn it takes to get to that 18 months positive level?
William T. Morrow
Let me take the first part of that. I’ll ask Eric to talk about the CapEx on the second part. You know, as we look at our business model going forward, to get to the 120 we said that there is a range of 2 to 2.3, as we’ve indicated with this current known round of funding, it’s a range of 1.8 to 2.1. It’s hard to say exactly what is going to come in, so it could very well be that we need some additional funds as we go forward into the next year. There’s a couple of variety of different sources should our refinancing be successful that we are on the road with right now that will allow us to close the gap to be able to do that
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