Frontier Communications 2013 Annual Report Download - page 31

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Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations
Forward-Looking Statements
This annual report on Form 10-K contains forward-looking statements that are subject to risks and
uncertainties that could cause actual results to differ materially from those expressed or implied in the
statements. Statements that are not historical facts are forward-looking statements made pursuant to the safe
harbor provisions of The Private Securities Litigation Reform Act of 1995. Words such as “believe,”
“anticipate,” “expect” and similar expressions are intended to identify forward-looking statements. Forward-
looking statements (including oral representations) are only predictions or statements of current plans, which
we review continuously. Forward-looking statements may differ from actual future results due to, but not
limited to, and our future results may be materially affected by, the following potential risks or uncertainties.
You should understand that it is not possible to predict or identify all potential risks or uncertainties. We note
the following as a partial list:
•Our ability to complete the acquisition of the Connecticut operations from AT&T;
•The ability to successfully integrate the Connecticut operations of AT&T into our existing operations;
•The risk that the growth opportunities and cost savings from the AT&T Transaction may not be fully
realized or may take longer to realize than expected;
•The sufficiency of the assets to be acquired from AT&T to enable the combined company to operate the
acquired business;
•Failure to enter into or obtain, or delays in entering into or obtaining, certain agreements and consents
necessary to operate the acquired business as planned;
•The failure to obtain, delays in obtaining or adverse conditions contained in any required regulatory
approvals for the AT&T Transaction;
•The effects of increased expenses incurred due to activities related to the AT&T Transaction;
•Disruption from the AT&T Transaction making it more difficult to maintain relationships with
customers or suppliers;
•The effects of greater than anticipated competition from cable, wireless and other wireline carriers that
could require us to implement new pricing, marketing strategies or new product or service offerings and
the risk that we will not respond on a timely or profitable basis;
•Reductions in the number of our voice customers that we cannot offset with increases in broadband
subscribers and sales of other products and services;
•Our ability to maintain relationships with customers, employees or suppliers;
•The effects of ongoing changes in the regulation of the communications industry as a result of federal
and state legislation and regulation, or changes in the enforcement or interpretation of such legislation
and regulation;
•The effects of any unfavorable outcome with respect to any current or future legal, governmental or
regulatory proceedings, audits or disputes;
•The effects of changes in the availability of federal and state universal service funding or other subsidies
to us and our competitors;
•Our ability to successfully adjust to changes in the communications industry and to implement strategies
for growth;
•Continued reductions in switched access revenues as a result of regulation, competition or technology
substitutions;
•Our ability to effectively manage service quality in our territories and meet mandated service quality
metrics;
•Our ability to successfully introduce new product offerings, including our ability to offer bundled
service packages on terms that are both profitable to us and attractive to customers;
30
FRONTIER COMMUNICATIONS CORPORATION AND SUBSIDIARIES