US Cellular 2014 Annual Report Download - page 38

Download and view the complete annual report

Please find page 38 of the 2014 US Cellular annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 92

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92

United States Cellular Corporation
Management’s Discussion and Analysis of Financial Condition and Results of Operations
• The possible development of adverse precedent in litigation or conclusions in professional studies to
the effect that radio frequency emissions from wireless devices and/or cell sites cause harmful health
consequences, including cancer or tumors, or may interfere with various electronic medical devices
such as pacemakers, could have an adverse effect on U.S. Cellular’s business, financial condition or
results of operations.
• Claims of infringement of intellectual property and proprietary rights of others, primarily involving patent
infringement claims, could prevent U.S. Cellular from using necessary technology to provide products
or services or subject U.S. Cellular to expensive intellectual property litigation or monetary penalties,
which could have an adverse effect on U.S. Cellular’s business, financial condition or results of
operations.
• There are potential conflicts of interests between TDS and U.S. Cellular.
• Certain matters, such as control by TDS and provisions in the U.S. Cellular Restated Certificate of
Incorporation, may serve to discourage or make more difficult a change in control of U.S. Cellular.
• Any of the foregoing events or other events could cause revenues, earnings, capital expenditures
and/or any other financial or statistical information to vary from U.S. Cellular’s forward-looking
estimates by a material amount.
See ‘‘Risk Factors’’ in U.S. Cellular’s Annual Report on Form 10-K for the year ended December 31, 2014
for a further discussion of these risks. U.S. Cellular undertakes no obligation to update publicly any
forward-looking statements whether as a result of new information, future events or otherwise. Readers
should evaluate any statements in light of these important factors.
30