Cincinnati Bell 2013 Annual Report Download - page 145

Form 10-K Part II Cincinnati Bell Inc.
•the Company’s wireless subscribers are decreasing in number;
•failure to anticipate the need for and introduce new products and services or to compete with new
technologies may compromise the Company’s success in the telecommunications industry;
•the Company’s failure to meet performance standards under its agreements could result in customers
terminating their relationships with the Company or customers being entitled to receive financial
compensation, which could lead to reduced revenues and/or increased costs;
•the Company generates a substantial portion of its revenue by serving a limited geographic area;
•natural disasters, terrorists acts or acts of war could cause damage to our infrastructure and result in
significant disruptions to our operations.
•a large customer accounts for a significant portion of the Company’s revenues and accounts receivable.
The loss or significant reduction in business from this customer could cause operating revenues to decline
significantly and have a materially adverse long-term impact on the Company’s business;
•the Company operates in highly competitive industries, and customers may not continue to purchase
services, which could result in reduced revenue and loss of market share;
•maintaining the Company’s telecommunications networks requires significant capital expenditures, and its
inability or failure to maintain its telecommunications networks would have a material impact on its
market share and ability to generate revenue;
•increases in broadband usage may cause network capacity limitations, resulting in service disruptions or
reduced capacity for customers;
•we may be liable for material that content providers distribute on our networks;
•cyber attacks or other breaches of network or other information technology security could have an adverse
effect on our business.
•maintenance of CBW’s wireless network and growth in data usage may require CBW to obtain additional
spectrum and transmitting sites which may not be available or be available only on less than favorable
terms.
•the regulation of the Company’s businesses by federal and state authorities may, among other things,
place the Company at a competitive disadvantage, restrict its ability to price its products and services, and
threaten its operating licenses;
•a significant portion of our Wireless subscriber base is enrolled under the FCC’s low income Lifeline
program which imposes strict compliance requirements on both consumers and carriers. This could result
in the Company incurring significant compliance costs or fines and penalties if the Company fails to
comply with these requirements;
•the Company depends on a number of third party providers, and the loss of, or problems with, one or more
of these providers may impede the Company’s growth or cause it to lose customers;
•a failure of back-office information technology systems could adversely affect the Company’s results of
operations and financial condition;
•if the Company fails to extend or renegotiate its collective bargaining agreements with its labor union
when they expire or if its unionized employees were to engage in a strike or other work stoppage, the
Company’s business and operating results could be materially harmed;
•the loss of any of the senior management team or attrition among key sales associates could adversely
affect the Company’s business, financial condition, results of operations, and cash flows;
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Form 10-K