Clearwire 2009 Annual Report Download - page 43

•
i
na
bili
ty to use a port
i
on o
f
t
h
e spectrum we
h
ave acqu
i
re
d
or
l
ease
dd
ue to
i
nter
f
erence
f
rom
li
cense
d
o
r
u
nlicensed operators in our band or in ad
j
acent bands or due to international coordination issues;
• refusal b
y
the FCC or one or more forei
g
n licensin
g
authorities to reco
g
nize our acquisition or lease of
s
pectrum
li
censes
f
rom ot
h
ers or our
i
nvestments
i
not
h
er
li
cense
h
o
ld
ers
;
•
i
na
bili
ty to o
ff
er new serv
i
ces or to expan
d
ex
i
st
i
ng serv
i
ces to ta
k
ea
d
vantage o
f
new capa
bili
t
i
es o
f
our
n
etwor
k
resu
l
t
i
ng
f
rom a
d
vancements
i
n tec
h
no
l
ogy
d
ue to regu
l
at
i
ons govern
i
ng our spectrum r
i
g
h
ts;
• inabilit
y
to obtain or lease more spectrum in the future due to the possible imposition of limits or caps on ou
r
s
pectrum holdin
g
s
;
• inabilit
y
to control leased spectrum due to contractual disputes with, or the bankruptc
y
or other reor
g
a-
ni
zat
i
on o
f
,t
h
e
li
cense
h
o
ld
ers, or t
hi
r
d
part
i
es;
•
f
a
il
ure o
f
t
h
e FCC or ot
h
er regu
l
ators to renew our spectrum
li
censes or t
h
ose o
f
our
l
essors as t
h
ey exp
i
re
;
•
f
a
il
ure to o
b
ta
i
n extens
i
ons or renewa
l
so
f
spectrum
l
eases, or an
i
na
bili
ty to renegot
i
ate suc
hl
eases, o
n
terms acceptable to us before the
y
expire, which ma
y
result in the loss of spectrum we need to operate ou
r
n
etwork in the market covered b
y
the spectrum leases;
• potentiall
y
si
g
nificant increases in spectrum prices, because of increased competition for the limited suppl
y
o
fli
cense
d
spectrum
b
ot
hi
nt
h
eUn
i
te
d
States an
di
nternat
i
ona
ll
y; an
d
•
i
nva
lid
at
i
on o
f
our aut
h
or
i
zat
i
on to use a
ll
or a s
i
gn
ifi
cant port
i
on o
f
our spectrum, resu
l
t
i
ng
i
n, among ot
h
e
r
thin
g
s, impairment char
g
es related to assets recorded for such spectrum
.
We expect the FCC to make additional spectrum available from time to time. Additionall
y
, other companie
s
hold spectrum rights that could be made available for lease or sale. The availability of additional spectrum in th
e
m
ar
k
etp
l
ace cou
ld
c
h
ange t
h
e mar
k
et va
l
ue o
f
spectrum r
i
g
h
ts genera
ll
yan
d
, as a resu
l
t, may a
d
verse
l
ya
ff
ect t
he
va
l
ue o
f
our s
p
ectrum assets
.
I
nterru
p
tion or
f
ai
l
ure o
f
our in
f
ormation tec
h
no
l
og
y
an
d
communications s
y
stems cou
ld
im
p
air our
a
bility to provide our services, which could damage our reputation and harm our operating results
.
We have experienced service interruptions in some markets in the past and we ma
y
experience service
i
nterrupt
i
ons or system
f
a
il
ures
i
nt
h
e
f
uture. Any serv
i
ce
i
nterrupt
i
on a
d
verse
l
ya
ff
ects our a
bili
ty to operate ou
r
b
us
i
ness an
d
cou
ld
resu
l
t
i
nan
i
mme
di
ate
l
oss o
f
revenues or
i
ncrease
i
nc
h
urn. I
f
we exper
i
ence
f
requent or
p
ersistent s
y
stem or network failures, our reputation and brand could be permanentl
y
harmed. We ma
y
mak
e
si
gn
ifi
cant cap
i
ta
l
expen
di
tures
i
nane
ff
ort to
i
ncrease t
h
ere
li
a
bili
ty o
f
our systems,
b
ut t
h
ese cap
i
ta
l
expen
di
tures
m
a
y
not ac
hi
eve t
h
e resu
l
ts we expect.
O
ur serv
i
ces
d
epen
d
on t
h
e
d
eve
l
opment an
d
cont
i
nu
i
n
g
operat
i
on o
f
var
i
ous IT an
d
commun
i
cat
i
ons s
y
stems,
i
ncludin
g
our billin
g
s
y
stem, some of which are not within our control. Currentl
y
, we do not have in place IT an
d
c
ommunication systems that will meet all of our future business requirements. Thus, we must be able to develop
th
ese IT an
d
commun
i
cat
i
on s
y
stems, an
d
an
yf
a
il
ure to
d
osoma
yli
m
i
t our a
bili
t
y
to o
ff
er t
h
e serv
i
ces we
i
nten
d
t
o
o
ff
er an
d
ma
y
a
d
verse
ly
a
ff
ect our operat
i
n
g
resu
l
ts. An
yd
ama
g
etoor
f
a
il
ure o
f
our current or
f
uture IT an
d
c
ommunications systems could result in interruptions in our service. Interruptions in our service could reduce our
r
evenues an
d
pro
fi
ts, an
d
our
b
ran
d
cou
ld b
e
d
amage
dif
peop
l
e
b
e
li
eve our networ
ki
s unre
li
a
bl
e. Our systems ar
e
vu
l
nera
bl
eto
d
ama
g
eor
i
nterrupt
i
on
f
rom eart
h
qua
k
es an
d
ot
h
er natura
ldi
sasters, terror
i
st attac
k
s,
fl
oo
d
s,
fi
res,
p
ower loss, telecommunications failures, com
p
uter viruses, com
p
uter denial of service attacks or other attem
p
ts t
o
h
arm our systems, an
d
s
i
m
il
ar events. Some o
f
our systems are not
f
u
ll
yre
d
un
d
ant, an
d
our
di
saster recover
y
pl
ann
i
ng may not
b
ea
d
equate. T
h
e occurrence o
f
a natura
ldi
saster or unant
i
c
i
pate
d
pro
bl
ems at our networ
k
c
enters could result in len
g
th
y
interruptions in our service and adversel
y
affect our operatin
g
results
.
33