FairPoint Communications 2009 Annual Report Download - page 4

Table of Contents
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Some statements in this Annual Report are known as "forward-looking statements" within the meaning of Section 27A of the Securities Act of
1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act. Forward-looking
statements may relate to, among other things:
•the potential adverse impact of the Chapter 11 Cases (as defined herein) on our business, including our ability to maintain contracts, trade
credit and other customer and vendor relationships;
•our ability to obtain the necessary approvals from state public utilities commissions ("PUCs") and the Federal Communications
Commission (the "FCC") for our proposed Modified Second Amended Joint Plan of Reorganization (as further modified, supplemented
or amended, the "Plan");
•our ability to obtain court approval of, and to consummate, the Plan;
•future performance generally;
•restrictions imposed by the agreements governing our indebtedness;
•our ability to satisfy certain financial covenants included in the agreements governing our indebtedness;
•anticipated business development activities and future capital expenditures;
•financing sources and availability, and future interest expense;
•our ability to refinance our indebtedness on commercially reasonable terms, if at all;
•the effects of regulation, including restrictions and obligations imposed by federal and state regulators as a condition to the approval of
the Merger (as defined herein) and the Plan;
•material adverse changes in economic and industry conditions and labor matters, including workforce levels and labor negotiations, and
any resulting financial or operational impact, in the markets we serve;
•availability of net operating loss ("NOL") carryforwards to offset anticipated tax liabilities;
•our ability to meet obligations to our Company-sponsored pension plans;
•material technological developments and changes in the communications industry, including disruption of our suppliers' provisioning of
critical products or services;
•use by customers of alternative technologies;
•availability and levels of regulatory support payments;
•the effects of competition on the markets we serve; and
•changes in accounting assumptions that regulatory agencies, including the Securities and Exchange Commission (the "SEC"), may
require or that result from changes in the accounting rules or their application, which could result in an impact on earnings.