FairPoint Communications 2010 Annual Report Download - page 4
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Table of Contents
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:
risks related to our ability to meet our expectations with respect to our post-restructuring operating and financial objectives and the assumptions and
business plan associated therewith;
risks related to our reported financial information and operating results including with respect to our adoption of fresh start accounting and our actual
results as compared to projected financial results;
future performance generally and our share price as a result thereof;
restrictions imposed by the agreements governing our indebtedness;
our ability to satisfy certain financial covenants included in the agreements governing our indebtedness;
financing sources and availability, and future interest expense;
our ability to refinance our indebtedness on commercially reasonable terms, if at all;
anticipated business development activities and future capital expenditures;
the effects of regulation, including restrictions and obligations imposed by federal and state regulators as a condition to the approval of the Merger
and the Plan (each as defined herein);
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;
material technological developments and changes in the communications industry, including disruption of our third party suppliers’ provisioning of
critical products or services;
the effects of competition on the markets we serve;
use by customers of alternative technologies and the loss of access lines;
availability and levels of regulatory support payments;
availability of net operating loss (“NOL”) carryforwards to offset anticipated tax liabilities;
our ability to meet obligations to our Company-sponsored pension plans and post-retirement healthcare plans; 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.
These forward-looking statements include, but are not limited to, statements about our plans, objectives, expectations and intentions and other statements
contained in this Annual Report that are not historical facts. When used in this Annual Report, the words “expects,” “anticipates,” “intends,” “plans,”
“believes,” “seeks,” “estimates” and similar expressions are generally intended to identify forward-looking statements. Because these forward-looking
statements involve known and unknown risks and uncertainties, there are important factors that could cause actual results, events or developments to differ
materially from those expressed or implied by these forward-looking statements, including our plans, objectives, expectations and intentions and other factors
discussed under “Item 1A.
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